Capital Newspaper

Building on its successful partnership with the Chevening Scholarships programme in Cabo Verde and Djibouti, iibGroup has renewed its support for the 2026–2027 academic year and expanded the initiative to Ethiopia. This year, three fully funded Chevening scholarships will be awarded across Africa, one each in Cabo Verde, Djibouti, and Ethiopia, reinforcing iib’s commitment to...

EthSwitch, Ethiopia’s national payment switch, has recorded more than 1 million EthioPay-IPS transactions in a single day, with the value of transactions exceeding 5 billion birr, in what the company described as a major milestone for the country’s digital payments system.

The achievement comes as EthSwitch and global payment software company BPC received The Asian ...

Ethiopia’s commitment to a tight monetary policy stance—hailed by international partners as a critical safeguard against rising inflation—has taken center stage as the country secured a staff-level agreement with the International Monetary Fund (IMF) for the fifth review of its economic reform program.

An IMF staff team led by Alvaro Piris visited Addis Ababa from M...

Following the conclusion of Ethiopia’s 7th General Election, the Intergovernmental Authority on Development (IGAD) Election Observation Mission (IGADEOM)
has released its preliminary report. While the report praised the country’s major strides in technology, it conversely called for clear improvements to be made to the physical voting infrastructure.

Chief among ...

The African Union Election Observation Mission (AUEOM) has released its preliminary findings on Ethiopia’s seventh general election, praising the significant strides made toward democratic consolidation while expressing deep concerns over the suspension of the electoral process in 46 constituencies.

The areas where the voting process was suspended are primarily loca...