Addis Ababa Archives - Addis Herald

November 19 2018

Eagle Hills, an Abu Dhabi real estate development company to build a 360,000-sqm project in Ethiopia capital, Addis Ababa

Eagle Hills, an Abu Dhabi-based private real estate development company, has announced its foray into the Ethiopian market with the launch of its 360,000-sqm project La Gare. Located in the capital of Ethiopia, Addis Ababa, La Gare represents an integrated community comprising residential, commercial, hospitality, retail and leisure facilities in a single, secure and exclusive […]

August 21 2018

Africa’s first waste-to-energy plant go to Operational in Ethiopia

Africa’s first waste to energy plant opened its doors in Addis Ababa, Ethiopia on Sunday. The plant was erected by the China National Electrical Engineering Company (CNEEC) and is being fully financed by the Ethiopian government. The Reppie Project in Addis Ababa, Ethiopia…Construction Review Online Dubbed the Reppie project, the waste-to-energy center’s goal is to process 1,400 […]

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April 23 2019

The Ethiopian gov’t Backed Cryptocurrency to provide a secure and dependable means of payment for the nation’s capital.

The lead developer for Cardano (ADA) is planning to develop a new cryptocurrency in collaboration with the government of Ethiopia, in order to provide a secure and dependable means of payment for the nation’s capital Addis Ababa. In an AMA session last night, IOHK CEO Charles Hoskinson told listeners he had signed an MOU with representatives from the […]

July 4 2018

The Federal Housing Corporation Announces $1.2 billion Mega housing project for the city of Addis Ababa

The Federal Housing Corporation, which was re-established a year ago–has unveiled its first mega project of constructing 16,173 resident houses in Addis Ababa at an estimated cost of $1.2 billion (33 billion birrs). Ahead of the launch of the housing project, the corporation has organized a day-long consultative workshop at Capital Hotel last week where various […]

September 21 2018

Addis Ababa to get New over $350 million Convention Center, Addis Fortune

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 […]

March 31 2019

Ethiopia: Africa’s next powerhouse?

Brookings, by Witney Schneidman Ethiopia’s prime minister, Dr. Abiy Ahmed—the youngest African leader at 42 years old—has initiated a series of unprecedented economic and political reforms in his first 12 months in office. The core challenge that he faces is moving the economy from state-led to market-based growth while overseeing far-reaching political reforms. Success is far from […]

July 25 2019

Ethiopia tourism industry expects to expand by a whopping 48.6 per cent in 2019.

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 […]

May 20 2019

More than 200 people paid an eye-watering $173,000 to attend a dinner thrown by Ethiopia’s Prime Minister Abiy Ahmed

Ethiopian Prime Minister Abiy Ahmed has hosted a fundraising dinner to help secure $1bn (£750m) for infrastructure projects in the capital , which helps to raise funds for beautifing the capital Addis Ababa, state media reported Monday. The state-affiliated Fana Broadcasting Corporate published pictures of diners, some wearing tuxedos, seated at a long rose-covered banquet […]

September 7 2017

TOO POOR TO HAVE A DREAM: LIFE ON THE STREETS OF ADDIS

By Samuel Getachew At 16, most adolescent teenagers in the capital are preoccupied with the notion of attending college, on dating, attaining expensive accessories or moving to the United States. But not Almaz and a large segment of the young local population who are struggling to survive. For them, survival by itself is a lofty dream. […]

August 8 2019

Addis Ababa posted Africa’s highest average daily rate (ADR)

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 […]

August 2019
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