New factory to solve cement shortage in Ethiopia
A new cement factory under construction with 7,000 metric tons of production capacity per day is set to solve the current cement shortage in Ethiopia.
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Category: Construction
Price Watch points to construction sector key driver of growth
“A vibrant construction sector is an indisputable driver of GDP growth in a country,” said Bartholomew Armah, Director of Macroeconomics and Governance at the Economic Commission for Africa (ECA).
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$456 million asphalt roads to connect Ethiopia with neighbors
The Government of Ethiopia has awarded several asphalt road projects worth close to $456 million that connect the east African country with neighboring countries specifically Sudan, Kenya, Eritrea and Somalia.
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Butajira City infrastructure investment paying off
Effective investment in infrastructure by Butajira City, one of the fastest growing cities of Ethiopia, has been paying off facilitating jobs creation and generating revenue to the municipality, says an official.
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Africa50 launches podcast to attract investment in infrastructure
Africa50, in partnership with US based Foreign Policy magazine, has launched an exciting new podcast series called Africa Forward. Africa Forward tells the largely untold story of how infrastructure is transforming the lives of people in Africa.
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German company enters Ethiopia’s real estate market
ROCKSTONE Ethiopia, a German based company, has invested one billion Birr to building KEFITA, a G+20 exclusive apartment building with hotel-like amenities off Embassy Row in the Signal district of Addis Ababa.
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Asphalt road connecting Ethiopia, South Sudan completed
Asphalt concrete road of 60.2 kilometers linking Ethiopia with South Sudan has completed last week, said Ethiopian Roads Authority, the state enterprise.
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East African Holding to build 800 houses in Addis Ababa
East African Holding, one of industrial conglomerates in Ethiopia known for its investments in manufacturing of consumer goods, has moved to real estate development by launching construction of 600 houses in the capital, Addis Ababa.
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Addis launches express bus road construction
By Sisay Woubeshet – The Addis Ababa City Administration on Saturday launched the construction of an express road to be used for public bus transport.
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Ethiopia awards $752 million road construction projects
NEWS- Ethiopian Roads Authority on Thursday awarded 15 road construction projects worth 25.8 billion birr (about $752.2 million) for Chinese and local contractors.
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Ethiopia, Sudan to link with 1,522 kilometres railway
NEWS- The Governments of Ethiopia and Sudan have launched a study to link the two countries with 1,522 kilometres railway network that extends from Addis Ababa to Port Sudan via Khartoum.
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Sierra Leone’s new road cuts travel times, transforms lives
For truck driver Joseph Turay, navigating the 120 km Matotoka-Sefadu road in northeastern Sierra Leone used to be a nightmare. On average, he spent between five hours to one day on the road, which was last properly repaired nearly half a century ago.
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Eagle Hills launches Addis Ababa luxury apartments’ sales
Eagle Hills, Abu Dhabi-based private real estate investment and development firm, is set to launch sales for its luxury apartments under-construction at the center of Addis Ababa, Ethiopia.
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PM Abiy launches $69 million road project in Jimma
Prime Minister Abiy Ahmed of Ethiopia launches a 2.2 billion birr (about $69.3 million at current exchange rate) road construction project in Jimma, Oromia region of the country to be built by a Chinese company.
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Addis Ababa launches construction of Adwa center
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.
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