The Guardian by Tom Gardner in Addis Ababa “Here there used to be a lot of shops, you know, women selling bread and tea,” says Woinshet Fanta, shuffling past the rusted railway track in a long floral skirt. On the other side of the road is a field littered with assorted machinery. “There used to […]
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 […]
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 […]
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 […]
Daily Mavrics, There is no better place to understand what makes Ethiopia so alluring and get a taste of its multifaceted culture and history than in the country’s fascinating and flourishing capital, Addis Ababa. Ethiopian-born and Paris- and New York-based model, maternal health advocate, and the designer behind clothing brand Lemlem, Liya Kebede, shares with […]
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 […]
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 […]
Breaking Trarvel News, The agenda for the Africa Hotel Investment Forum has been also released. The event will take place at the Sheraton Addis, Ethiopia, on September 23rd-25th. Among an impressive line-up of speakers will be Olivier Granet, chief executive, Kasada Capital Management, the new billion-dollar, sub-Saharan investment fund, the first and biggest of its […]
Addis Ababa (AFP) – A palace that once housed Ethiopia’s emperors and also served as a torture site under the communist Derg regime is to open to the public in a controversial government tourism project. The palace compound in Addis Ababa, which Prime Minister Abiy Ahmed’s government has rebranded “Unity Park”, was formally launched Thursday […]
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 […]
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