N e w s

USD 156 million Tadjourah-Balho-Mekele road connecting Djibouti and Ethiopia has inaugurated

The highway connecting Djibouti and Ethiopia, namely, Tadjourah-Balho-Mekele road, has been inaugurated recently. Ismail Omar Guelleh, President of Djibouti, Ethiopian minister of transport, and other dignities have attended the ceremony.The total length of the road is 120km, which connects Tadjoura port of Djibouti to the Balho of Ethiopia. The Tadjoura port mainly focuses on general cargo such as sesame, fertilizers, frankincense, grain, and.... Read more »

Posted on : Thursday , 26th December 2019

Germany invests 352.5 million Euros into Ethiopian infrastructural projects

An ambitious project to provide full water, sanitation and electricity access to all the citizens by the year 2025 has been started The Government of Ethiopia. As announced by Sileshi Bekele (PhD), Minister Water Irrigation and Electricity in Addis Ababa, Ethiopia. He said, “We are anticipating full access of water and sanitation by 2025. Urban water and sanitation system need to be taken into account and open defecation free country has to be.... Read more »

Posted on : Monday , 23rd December 2019

Qatar Airways set to build new Rwandan International Airport

Rwanda and Qatar Airways have signed an airport deal that will see the two parties set up a joint venture to build, own, and operate the new airport in the district of Bugesera.The airline has agreed to take a 60 percent stake in a new $1.3bn international airport in Rwanda, the state-run Rwanda Development Board said on Twitter. The second part of the deal was a share purchase agreement. When the airport project was initiated about two years.... Read more »

Posted on : Wednesday , 18th December 2019

Construction of the saddle dam in GERD project has fully completed

The saddle dam of Grand Ethiopian Renaissance Dam (GERD)s construction has fully completed, declared by Engineer Girma Mengistu, the head of civil construction in the project.Mengistu said that they have finished constructing the upstream face of the saddle dam, which marks the completion of entire saddle dam. The construction took 14 million cubic meters of the concrete embankment.This upstream face of the saddle dam, mainly, the face slab.... Read more »

Posted on : Monday , 25th November 2019

20,000 Condos are to be constructed in Addis Ababa city

Construction of 20,504 condos has been launched by Addis Ababa city government. These condos are a part of an urban development program that includes the construction of a total of 500,000 condos in the city.Launching the housing projects in Kirkos sub-city, Engineer Takele Uma, Deputy Mayor of the city, stated that this new project is going to address the housing problems of nearly 600,00 home seekers registered by the city government.It was.... Read more »

Posted on : Thursday , 21st November 2019

Ethiopia: We're open for business says mining minister

The mining sector in Ethiopia is on the brink of evolutionary growth and progress as the country’s first modern gold mine – KEFI Minerals’ Tulu Kapi moves into development in October.Ethiopian Mines and Petroleum minister HE. Dr SAMUEL URKATO says the country is looking to drive significant growth from its mining sector and believes it could ultimately contribute 10% towards the country’s GDP. He spoke to LAURA.... Read more »

Posted on : Thursday , 31st October 2019

USD 270 million Water supply project has begun its construction in Ethiopia

The water supply project in Mekelle city, the capital of Tigray state, Ethiopia, has begun its construction works. Following the shortage of water supply in the city, the project is intended to mitigate the situation.The project namely ‘Mekelle Water Supply and Sanitation Project (WSSP)’ is undertaken by China Gezhouba Group(CGGC) with the support of the World Bank. The total cost of the project is USD 270 million, out of which USD 250.... Read more »

Posted on : Friday , 25th October 2019

Prime Minister Abiy Ahmed puts Ethiopia on the trade map as a top investment destination

Mr. Abiy Ahmed Ali, Ethiopia’s young reformist Prime Minister, "for his efforts to achieve peace and international cooperation, and in particular for his decisive initiative to resolve the border conflict with neighboring Eritrea." has been this year’s recipient of the Nobel Peace Prize. Prime Minister Abiy Ahmed is responsible for initiating important reforms in Ethiopia giving many citizens a hope for a better life and a.... Read more »

Posted on : Monday , 21st October 2019

USD 150 million luxury hotel construction in Addis Ababa

Aviation Industry Corporation of China (AVIC), a multi-sector conglomerate started the construction of a 5-star hotel for USD 150 million in Addis Ababa, said by Ethiopian Airlines officials on Tuesday. This 5-star hotel in Addis Ababa is constructed for the Ethiopian Airlines. Asrat Begashaw, Head of Public Relations in Ethiopia Airlines said that the hotel is being constructed on 22,000 Sqm land with a budget of USD 150 million. The project.... Read more »

Posted on : Monday , 21st October 2019

Kenya begins construction of US $168m Western Bypass

Kenya National Highways Authority (KenHa) and the Ministry of transport has announced that construction of US $168m Western Bypass has begun with the project being the fourth and final ring of the Nairobi Ring Roads. The bypass project is set to kick off in Gitaru, Kiambu county connecting the Southern bypass in Kikuyu town and will terminate in Ruaka connecting the Northern bypass. It will will have a four lane expressway with a total length.... Read more »

Posted on : Monday , 21st October 2019

Kenya launches test run on Phase 2A of its SGR Line

The government of Kenya has launched a 15 day test run on its Standard Gauge Railway (SGR) phase 2A project, which is currently on its final stage of construction. This is inorder to establish a link between the capital Nairobi and the resort town of Naivasha in the rift valley region. The 120km modern railway line whose construction is overseen by the China Communications Construction Company (CCC), kicked off in October 2016. The line is part.... Read more »

Posted on : Monday , 21st October 2019

Ethiopia to construct 5 stadia in Addis Ababa

Ethiopia plans to construct 5 stadia in Addis Ababa to add on the two existing ones – Yidnekachew Tessema and Abebe Bikila stadia. Out of the five, four are zonal stadia and will be constructed in the districts of Yeka, Nifas Silk Lafto, Bole and Gullele. The zonal stadia will cover an area of 40,000sqm, 70,000sqm and 110,000sqm respectively and each of the have a carrying capacity of 30,000, whereas the plot for Gullele is not yet.... Read more »

Posted on : Wednesday , 11th September 2019



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