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July 2, 2022
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Construction

Construction 

Ethiopia inaugurates Meskel square renovated project

June 14, 2021June 14, 2021 BEHAK Addis Ababa, Churchill Road, Ethiopia, Meskel Square, renovated

Prime Minister Abiy Ahmed of Ethiopia on Sunday inaugurated the recently renovated Meskel Square and Churchill Road – City Hall

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Construction 

U.S. home price appreciates at highest levels

May 23, 2021May 23, 2021 BEHAK Home prices, Radian HPI, Red Bell Real Estate, U.S.

Home prices in the U.S. rose again in April, albeit at a slightly lower rate than recorded in the prior

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Construction 

African Development Bank debars Mactebac Contractors Limited

May 19, 2021 BEHAK African Development Bank, Construction Works, debarment, Kenya, Mactebac Contractors Limited, Malaba Water and Sanitation Project

The African Development Bank Group announces the 36-month debarment of Mactebac Contractors Limited, a company registered in Kenya and Mr.

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Construction 

IMF advises Sierra Leone to improve infrastructure project management

May 7, 2021 BEHAK

In its new report released today the International Monetary Fund (IMF) advised Sierra Leone to improve management of infrastructure projects

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Construction 

Granite Construction gross profit up 166.1% year-over-year

May 7, 2021 BEHAK annual profit, Granite Construction, gross profit, revenue

Granite Construction Incorporated (NYSE: GVA) today announced results for the first quarter ended March 31, 2021 with its gross profit

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Construction 

New factory to solve cement shortage in Ethiopia

February 26, 2021February 26, 2021 BEHAK Abay Cement, cement, Construction, Dangote Cement, Ethiopia, Mugher Cement

A new cement factory under construction with 7,000 metric tons of production capacity per day is set to solve the

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Construction 

Price Watch points to construction sector key driver of growth

February 25, 2021 BEHAK Africa, Construction, ECA, GDP growth, price watch

“A vibrant construction sector is an indisputable driver of GDP growth in a country,” said Bartholomew Armah, Director of Macroeconomics

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$456 million asphalt roads to connect Ethiopia with neighbors
Construction 

$456 million asphalt roads to connect Ethiopia with neighbors

February 3, 2021February 3, 2021 Business News Eritrea, Ethiopia, Kenya, Road construction, Somalia, Sudan

The Government of Ethiopia has awarded several asphalt road projects worth close to $456 million that connect the east African

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Butajira City infrastructure investment paying off
Construction 

Butajira City infrastructure investment paying off

February 2, 2021February 3, 2021 Business News asphalt road, Butajira City, clean water, cobblestone, electricity, Ethiopia, infrastructure, Investment, Road construction, South Ethiopia, tax income

Effective investment in infrastructure by Butajira City, one of the fastest growing cities of Ethiopia, has been paying off facilitating

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Africa50 launches podcast to attract investment in infrastructure
Construction 

Africa50 launches podcast to attract investment in infrastructure

January 27, 2021 Business News Africa, Africa Forward, Africa50, Foreign Policy, infrastructure investment

Africa50, in partnership with US based Foreign Policy magazine, has launched an exciting new podcast series called Africa Forward. Africa

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German company enters Ethiopia's real estate market
Construction 

German company enters Ethiopia’s real estate market

January 22, 2021January 22, 2021 Business News Addis Ababa, BIGAR Builders and Developers, Cerberus Capital Management, Chinese company, Ethiopia, HuaHong Construction PLC, KEFITA, real estate, ROCKSTONE Ethiopia, ROCKSTONE Real Estate

ROCKSTONE Ethiopia, a German based company, has invested one billion Birr to building KEFITA, a G+20 exclusive apartment building with

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Asphalt road connecting Ethiopia, South Sudan completed
Construction 

Asphalt road connecting Ethiopia, South Sudan completed

December 3, 2020December 3, 2020 Business News Dima town to Rad town, Ethiopia, Ethiopian Roads Authority, Road construction, South Sudan

Asphalt concrete road of 60.2 kilometers linking Ethiopia with South Sudan has completed last week, said Ethiopian Roads Authority, the

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East African Holding to build 800 houses in Addis Ababa
Construction 

East African Holding to build 800 houses in Addis Ababa

September 8, 2020September 8, 2020 NBE corporate social responsibilities, East Africa Holding, Ethiopia, Industrial Parks, National Cement Factory, real estate

East African Holding, one of industrial conglomerates in Ethiopia known for its investments in manufacturing of consumer goods, has moved

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Addis launches express bus road construction
Construction 

Addis launches express bus road construction

June 29, 2020December 11, 2020 NBE Addis Ababa, Deputy Mayor Takele Umma, French Government, Prime Minister Abiy Ahmed, Road construction

By Sisay Woubeshet – The Addis Ababa City Administration on Saturday launched the construction of an express road to be

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Ethiopia awards $752 million road construction projects
Construction 

Ethiopia awards $752 million road construction projects

June 12, 2020June 12, 2020 Ethiopia, Ethiopian Roads Authority, Road construction, road network

NEWS- Ethiopian Roads Authority on Thursday awarded 15 road construction projects worth 25.8 billion birr (about $752.2 million) for Chinese

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Construction 

Ethiopia, Sudan to link with 1,522 kilometres railway

June 10, 2020June 12, 2020 NBE Addis Ababa, African Development Bank, Ethiopia, Khartoum, railway network, Sudan

NEWS- The Governments of Ethiopia and Sudan have launched a study to link the two countries with 1,522 kilometres railway

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Sierra Leone's new road cuts travel times, transforms lives
Construction 

Sierra Leone’s new road cuts travel times, transforms lives

March 12, 2020March 13, 2020 NBE African Development Bank, Road construction, Sierra Leone

For truck driver Joseph Turay, navigating the 120 km Matotoka-Sefadu road in northeastern Sierra Leone used to be a nightmare.

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Eagle Hills launches Addis Ababa luxury apartments’ sales
Construction 

Eagle Hills launches Addis Ababa luxury apartments’ sales

January 8, 2020January 8, 2020 Business News Abu Dhabi-based company, Addis Ababa, Eagle Hills, Ethiopia, Lagare, luxury apartments, real estate, the United Arab Emirates

Eagle Hills, Abu Dhabi-based private real estate investment and development firm, is set to launch sales for its luxury apartments

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PM Abiy launches $69 million road project in Jimma
Construction 

PM Abiy launches $69 million road project in Jimma

December 28, 2019December 30, 2019 Business News Adama town, Chinese company, Ethiopia, Jimma, Jimma town, Limmu, Oromia Region, Prime Minister Abiy Ahmed, Road construction, Seqa

Prime Minister Abiy Ahmed of Ethiopia launches a 2.2 billion birr (about $69.3 million at current exchange rate) road construction

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Construction 

Addis Ababa launches construction of Adwa center

July 19, 2019July 19, 2019 Addis Ababa, Adwa center, Ethiopia, Italian invasion, The Battle of Adwa

The Addis Ababa city Administration has launched the construction of six projects in the capital worth 10.7 billion birr (close

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Ethiopia inaugurates toll road linking with Djibouti
Construction 

Ethiopia inaugurates toll road linking with Djibouti

June 16, 2019June 16, 2019 Djibouti, Ethiopia, express road, import-export, toll road, Trade

With the aim of easing its import-export trade logistics, Ethiopia today officially inaugurates 220 kilometers toll road that links eastern

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Investment

IGAD urges Ethiopia, Sudan to avoid war
Investment Tragedy 

IGAD urges Ethiopia, Sudan to stop war

June 29, 2022June 29, 2022 NBE

The Intergovernmental Authority on Development (IGAD) urges Ethiopia and Sudan to refrain from further actions that will lead the two

Kazana Group of Ethiopia chairman joins 100 Changemakers List
Investment 

Kazana Group of Ethiopia chairman joins 100 Changemakers List

May 13, 2022 NBE
Venture Capital education attracts hundreds of Africans
Investment 

Venture Capital education attracts hundreds of Africans

April 29, 2022 NBE
Africa’s communication industry set for exciting future
Investment 

Africa’s communication industry set for exciting future

April 6, 2022April 6, 2022 NBE

Finance

Kehali organizes Ethiopian banking forum
Finance 

Kehali organizes its first Ethiopian banking forum

May 23, 2022May 23, 2022 NBE

Kehali Strategic Advisory Services PLC, a recently established private companmy in Ethiopia, organized its first Ethiopian Banking forum in the

Ethiopia takes another step to establish security exchange
Finance 

Ethiopia takes another step to establish security exchange

May 19, 2022May 19, 2022 NBE
Ethiopia tax income up 17 percent
Finance 

Ethiopia tax income up 17 percent

April 26, 2022 NBE
Ethiopia outstanding treasury bills up 500 percent
Finance 

Ethiopia outstanding treasury bills up 500 percent

April 4, 2022 NBE

Travel

Mobile usage for airlines booking increases, new survey
Travel 

Mobile usage for airlines booking increases, new survey

June 30, 2022 NBE

A new survey reveals an increase in passenger use of mobile devices for booking, on board the airplane, and for

Ethiopia's app-based taxi service provider enters Djibouti
Travel 

Ethiopia’s app-based taxi service provider enters Djibouti

June 28, 2022June 28, 2022 NBE
Global airline industry losses reduced to $9.7 billion
Travel 

Global airline industry losses reduced to $9.7 billion

June 20, 2022June 21, 2022 NBE
Ethiopian Airlines wins Best Cabin Servics in Africa Award
Travel 

Ethiopian Airlines wins Best Cabin Servics in Africa Award

June 14, 2022June 14, 2022 NBE

Environment

Ethiopia launches 4th Green Legacy program
Environment 

Ethiopia launches 4th Green Legacy program

June 21, 2022June 21, 2022 NBE

The Government of Ethiopia today launched the 4th Green Legacy program, which targeted to plant 6 billion seedlings across the

Air transport passengers get most accurate CO2 emission calculator
Environment 

Air transport passengers get most accurate CO2 emission calculator

June 19, 2022June 19, 2022 NBE
UN calls for more climate finance to support small-scale farmers
Agribusiness Environment 

UN calls for more climate finance to support small-scale farmers

June 2, 2022June 2, 2022 NBE
Increase investment to build small-scale farmers' resilience to climate change, IFAD says
Environment 

Increase investment to build small-scale farmers’ resilience to climate change, IFAD says

May 9, 2022 NBE

Tragedy

IGAD urges Ethiopia, Sudan to avoid war
Investment Tragedy 

IGAD urges Ethiopia, Sudan to stop war

June 29, 2022June 29, 2022 NBE

The Intergovernmental Authority on Development (IGAD) urges Ethiopia and Sudan to refrain from further actions that will lead the two

University students protest against Ethiopians massacre in Oromia
Tragedy 

University students protest against Ethiopians massacre in Oromia

June 24, 2022June 24, 2022 NBE
Ethiopia accuses TPLF for blocking aid flights
Tragedy 

Ethiopia accuses TPLF for blocking aid flights

June 24, 2022 NBE
Tanzania bans donkey slaughter to stop risk of extinction
Tragedy 

Tanzania bans donkey slaughter to stop risk of extinction

June 17, 2022June 17, 2022 NBE

Crime

Ethiopian Customs seizes 156 million Birr smuggled goods
Crime 

Ethiopian Customs seizes 156 million Birr smuggled goods

June 19, 2022 NBE

Ethiopian Customs commission said within just one week period it has seized worth 156 million Birr contraband goods from smugglers

Africa advised to stamp out witchcraft accusations against children
Crime 

Africa advised to stamp out witchcraft accusations against children

June 1, 2022June 1, 2022 NBE
Donkey named most trafficked animal in the world
Crime 

Donkey named most trafficked animal in the world

May 18, 2022 NBE
Africa renews efforts to stamp out violence against children
Crime 

Africa renews efforts to stamp out violence against children

May 12, 2022May 12, 2022 NBE

Perspectives

Attitudes to Islamic wealth management in Africa
NBE Blog 

Attitudes to Islamic wealth management in Africa

July 1, 2022July 1, 2022 NBE

By Faizal Bhana – Africa’s private equity landscape is experiencing a fundamental shift. A budding generation of wealthy individuals are

An Africa-G7 energy food and security grand bargain
NBE Blog 

An Africa-G7 energy food and security grand bargain

June 25, 2022June 25, 2022 NBE
UN Secretary General’s message on World Environment Day
NBE Blog 

UN Secretary General’s message on World Environment Day

June 7, 2022June 7, 2022 NBE
Facebook A necessary evil in an open internet
NBE Blog 

Facebook: A necessary evil in an open internet

May 18, 2022May 18, 2022 NBE

Boortmalt to benefit 50,000 farmers in Ethiopia

https://youtu.be/wKnkayLxZLQ

EutelSat eyes introducing satellite Internet to Ethiopia

https://youtu.be/jAIBy5dgU4o

Ethiopian farmers adopt French chicken breeds

https://youtu.be/0gwN9UyeQlY

Besh Gebeya eyes creating 100,000 jobs

https://youtu.be/tBhKC1KffYA
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