The Addis Ababa city Administration has launched the construction of six projects in the capital worth 10.7 billion birr (close to $369 million) including grand Adwa center with library.
With the aim of easing its import-export trade logistics, Ethiopia today officially inaugurates 220 kilometers toll road that links eastern part of Ethiopia’s city – Dire Dawa with Dewale city bordering Djibouti.
A three-day multi-stakeholder capacity development meeting to support the building of effective, accountable and inclusive institutions at all levels of the Ethiopian urban governance system is held in Addis Ababa.
The Addis Ababa City, the capital of Ethiopia, is set to transfer 51,229 condominium houses to residents this week.
The Addis Ababa City Administration has warned over 100 real estate developers engaged in tax dodging and has been misusing the land they secured from the city administration. In recent years, tax avoidance and evasion has been a major concern in Ethiopia.
The Government of Italy expressed its interest to help Ethiopia and Eritrea link via railway network.
The Addis Ababa City Administration is set to ban and blacklist construction companies and consulting firms failed to deliver construction of different infrastructure projects on time.
The newly upgraded Dire Dawa – Dewale, the 220 kilometers road network linking Ethiopia with Djibouti, has gone operational. The toll road is the second to Ethiopia next to the one linking Addis Ababa with Adama.
Railways are the key to open and free trade across Africa and their development is critical to the continent’s sustainable development agenda, Soteri Gatera, Chief of Industrialisation and Infrastructure at the Economic Commission for Africa (ECA).
The Boards of Directors of the African Development Bank Group have approved $322.35 million loans and grant to Burundi and Tanzania to finance the Rumonge-Gitaza (45 km) and Kabingo-Kasulu-Manyovu (260 km) road upgrading project.
Eagle Hills, a United Arab Emirates company went into joint venture with the government of Ethiopia to facelift Addis Ababa. The company on Monday launches construction of an ‘integrated community development’ project in Addis Ababa on 360,000 square meters of land.
The Board of Directors of the African Development Bank has approved its third equity investment of US$40 million in Africa Infrastructure Investment Fund (AIIF3).
Construction work on the development of the multi-purpose Berbera port in the Republic of Somaliland has started with a special ground-breaking ceremony to mark the occasion.