Embassy construction to help Botswana strengthen its position in global affairs particularly the African continent.
Construction of Botswana’s embassy in ethiopia is making great strive after the latest progress. The project which is at 10 percent progress entails a six-story building, with office apartments. It will also have an accommodation … Read More
Ethiopia launches e-portal for traders – Ethiopian Electronic Single Window for Traders. In other words, this effort will reduce the current paperwork processing time from 44 to 15 days. A huge developmental stride in ensuring that the land-lock nation continues to attract trade, while positioning itself as a regional hub. … Read More
Addis Ababa City Administration Investment Commission has nullified a total of 1,178 investment licenses for failure to kick-off the projects.
Ethiopia’s investment law demands that any project that fails to commence, the licence will be void. Hence, Addis Ababa City Administration Investment Commission standing by this law has revoked 1,178 … Read More
Ethiopia will start importing South Sudan oil at cheaper rate compared to the more expensive product from the Middle East.
According to Ethiopia’s Minister of Mine and Petroleum Koang Tutlam, 15-20 percent of the money usually spent on importing refined oil from the Middle East has been saved from importing … Read More
Construction of the Great Ethiopian Renaissance Dam (GERD) will continue because of it’s economical benefits.
The decision was made by the Prime Minister in response to the query from the members of the House of People Representative (HPR).
“Nobody can stop the completion of the flagship project, Ethiopia will continue
… Read More
Ethiopia gets US$63m grants from Korea Eximbank for construction of BRT corridor B6 construction.
Korea Eximbank has sign a deal with Ethiopia to fund the construction of a BRT corridor road. The BRT corridor will contribute towards easing transportation problem in the city.
Bus Rapid Transit (BRT) corridor is a … Read More
Ghana sign deal with Ethiopian Airline to establish a national airline in Accra.
Ethiopian Airline has sign a deal with Ghana government to establish a national airline in Accra. The deal is a joint investment from the Ghanaian government, the private sector, and the Ethiopian airline.
According to the deal, … Read More
Prime minister Abiy Ahmed visits Alibaba to build strategic relationship
Prime minister Abiy Ahmed visits Alibaba Group – the e-commerce giant, in Hangzhou. In fact, both leaders are building a relationship that will see Alibaba support Ethiopia’s Development.
More so, Jack Ma commends PM Abiy’s reforms in Ethiopia, confirming that … Read More
Delegates from Ethiopia inspects a satellite under development in China.
As part of plans for Ethiopia to launch satellite, Prime Minister Abiy Ahmed inspects a 70kg Multi-Spectral Remote Sensing Satellite ETRSS-1 under development in China. In fact, the satellite is currently under development in partnership with China Academy of Space … Read More
Ethiopia’s indebtedness to China grows following energy investment
Following a meeting with State Grid Corporation of China, PM Abiy Ahmed oversaw the signing of a US$1.8 billion investment agreement which covers provision of electric power transmission and distribution lines. The project will supply power for up to 16 industrial parks; … Read More
Ethiopia and Djibouti sign gas pipeline deal
Ethiopia and Djibouti have recently signed a gas pipeline deal . The deal involves building of a gas pipeline to transport Ethiopian gas to an export terminal in Djibouti.
According to Djibouti’s energy minister Yonis Ali Guedi; the gas pipeline project is the … Read More
By Kieran Whyte, Partner and Head of the Energy, Mining & Infrastructure Practice, Mike Webb, Senior Associate, Baker McKenzie Johannesburg, and Yibeltal Shiferaw, on secondment from Tadesse Kiros Law Offices (TKLO) in Ethiopia
Ethiopia are preparing for the future through its Solar Energy Investments. Solar Energy is one of the … Read More
The 32ND African Union Summit for Heads of State and Government of all the 55 African countries is currently on-going in Addis Ababa, Ethiopia.
The theme for the 32nd African Union summit is; “The Year of Refugees, Returnees and Internally Displaced Persons: Towards Durable Solutions to Forced displacement in Africa”. … Read More
In the next six months, MoUDC will transfer over 30,000 condominium houses to residents in Ethiopia.
Ethiopia’s Ministry of Urban Development and Construction (MoUDC) will transfer over 30,000 condominium houses (condos) to residents. This news is coming after the minister presented the proposal to the House of People’s Representatives (Parliament).… Read More
Africa’s biggest airport hotel opens to the public in Ethiopia
Ethiopia has opened Africa’s biggest airport hotel in the continent. The 5 star Ethiopian Skylight hotel which is worth $USD 65 million will help boost the nations tourism sector. The hotel is owned by the Ethiopian Airline as a medium … Read More
Eagle Hill reveal masterplan for US$2 billion community development project in Ethiopia
UAE leading firm, Eagle Hills is set to launch a community development project in Ethiopia. This project will help create more opportunities for residents in the community. Meanwhile, Ethiopia government will receive 27% share from the project.
The … Read More
Ethiopia set to kick-off road infrastructure which will ease movement of goods and commodity.
Ethiopia is set to kick-off on its US$43m infrastructure projects. This project will help to improve the transport and network connection to boost trade. It will also help grow the nation economic.
The project will also … Read More
Ethiopia’s first construction symposium brought about new technologies and ways to tackle the sector.
The first construction symposium in Ethiopia has been hail as crucial for the sector. It has also help create a platform where construction expert can sit and discuss the country various challenges in the sector.
Ethiopia’s … Read More
The 8,428 homes will replace substandard ones and provide homes for its citizens.
Ethiopia is set to construct 8,428 homes under the middle-income housing scheme. This is according to the Addis Ababa Savings & Houses Development Enterprise (AASHDE).
The houses will take up over 38ha piece of land in Bole … Read More