Construction Review Ethiopian Minister of Culture and Tourism Hirut Kassaw (Ph.D.) revealed the report and said that a memorandum of understanding (MoU) was signed between the ministry and the architects who designed the tower, to commence construction works. The 70-storey development will be located in the country’s capital city, in Addis Ababa. It will be […]
Africa Business Community Addis Ababa, Ethiopia, posted Africa’s highest average daily ra tote (ADR), according to the most recent 12-month data from STR. The market will play host to the Africa Hotel Investment Forum on 23-25 September at the Sheraton Addis. From July 2018 through June 2019, Addis Ababa registered an absolute ADR of US$163.79 […]
EuroEconomy By: Virginia Furness Ethiopia’s IMF deal is a notable step towards addressing its external imbalances and to opening up the country’s economy. Ethiopia’s efforts to open its economy were bolstered in mid-December when the International Monetary Fund agreed a new lending programme which, coupled with the launch of the Addis Ababa stock market in […]
The DC Line LaToya Foster (EOM) Celebration Part of Renewal of Sister City Agreement that Establishes Cooperative Relationship in Areas of Economic Development, Public Health, Sustainability, Education, and Government Collaboration (ADDIS ABABA, ETHIOPIA) – Today, representing the 704,000 residents of Washington, DC, Mayor Muriel Bowser celebrated the renaming of an Addis Ababa street in honor of […]
New Civil Engineer BY MARK HANSFORD Ethiopia, Malaysia and Mexico are among the 10 top targets for UK consultants seeking to export their expertise in post-Brexit Britain, according to new research from the Association of Consultancy and Engineering (ACE). China, the world’s biggest construction market making up 23% of the entire global construction output, fails […]
Breaking Trarvel News Ethiopia prepares for return of Africa Hotel Investment Forum Prominent figures from Ethiopia’s public and private sectors have spoken out publicly to welcome the return to Addis Ababa of the Africa Hotel Investment Forum. The event attracts many prominent international hotel owners, investors, financiers, management companies and their advisers. It will return […]
The Addis Abeba City Administration plans to invest over 10 billion Br for a new exhibition and convention center to be built in the heart of the capital. The Convention Centre will occupy nearly 10ha of land encompassing a 24,000sqm area that is owned by the Exhibition Center & Market Development Enterprise at Mesqel Square. The […]
IPSS Addis Ababa University (AAU) was ranked 13th in Africa and 729th globally in the fifth annual U.S. News Best Global Universities rankings. The rankings used 13 indicators and weights to measure global research performance. The rankings, which aimed to create a comprehensive snapshot of academics’ opinions about world universities, asked respondents to rate universities […]
When Wang Yijun put Ethiopia’s most expensive real estate project on the market, he experienced a strange phenomenon. People preferred the lowest floors over those with panoramic city views. “Power cuts mean elevators in this city often don’t work,” explains Wang, the site manager. “So the bottom-floor flats became the most valuable. You won’t see […]
CGTN Ethiopia on Tuesday launched a China-backed riverside green development project that aims to create a beautiful and healthy environment in the capital city, Addis Ababa. The Addis Ababa riverside development project in its entirety will include the development of 48 hectares of the central square, 51.3-km riverside which runs along the two biggest rivers […]
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