News Ethiopia inaugurates Grand Renaissance Dam after 14 years of construction Ethiopian prime minister Abiy Ahmed Ali yesterday inaugurated the country’s Grand Ethiopian Renaissance Dam (GERD), the largest hydropower project ever built in Africa.
News Deal signed for $500m Chaka Housing Project in Addis Ababa Agreement has been reached on a $500m housing project that will build 4,175 homes in the Ethiopian capital Addis Ababa, according to Ethiopian website The Reporter. The Chaka Housing Project…
News Ethiopia restarts scheme to build tallest tower in sub-Saharan Africa Ethiopia has restarted a project to build the tallest building in sub-Saharan Africa: a $445m, 62-storey headquarters for its state-owned electricity utility, local website Birr Metrics reports. Ethiopian Electric Power…
News AfDB pledges to help Ethiopia with new $7.8bn airport The African Development Bank (AfDB) has signed an agreement with Ethiopia to “collaborate” on the construction of a $7.8bn international airport in Addis Ababa, Xinhua news agency reports. Ethiopia’s finance…
News Investors pump $160m into Addis Ababa special economic zone Six investors have signed service level agreements with the Industrial Parks Development Corporation (IPDC) and are spending $160m in the construction factories at the Bole Lemi Special Economic Zone, the…
News Ethiopia retenders $1.7bn rail scheme interrupted by Tigray war Ethiopia has begun looking for a company to restart work on a $1.7bn railway connecting the country’s eastern and northern regions, website Railway Supply reports. The 392km Awash–Hara Gebeya project…
News Rosatom signs agreement for nuclear science centre in Ethiopia Russian nuclear energy company Rosatom has signed an agreement with the Ethiopian Ministry of Innovation & Technology to start developing a Centre for Nuclear Science & Technology.
News Ethiopia lends South Sudan $738m to build its section of shared highway Ethiopia’s parliament has approved a $738m loan to South Sudan to build its share of a 220km cross-border highway aimed at improving trade between the countries, Addis Insights reports. The…
News Ethiopia doubles cement-making capacity with advanced factory Ethiopia has doubled its cement-making capacity with a mega-factory in the Amhara region in the north of the country, Addis Insight reports. The $600m Lemi National Cement Factory will produce…
News Dubai’s AMEA to develop $620m Ethiopian wind farm Ethiopia has agreed a deal with a Dubai renewables developer AMEA to develop the Horn of Africa’s biggest wind farm. The letter-of-award was signed by Ahmed Shide, Ethiopia’s finance minister,…
News Ethiopian Airlines grants design contract for Africa’s biggest airport The UK’s Zaha Hadid Architects (ZHA) and Beirut-headquartered consultant Dar Al-Handasah have won a design consultancy contract for Africa’s largest airport, to be located south of Ethiopia’s capital Addis Ababa…
News Ethiopian Airlines doubles size of domestic terminal Africa’s biggest carrier, Ethiopian Airlines, has opened its bigger domestic terminal at Addis Ababa Bole International Airport after a $50m expansion. The project doubled the terminal’s size to 25,750 sq…
News China hands running of Ethiopia-Djibouti railway to locals Six years after it entered service, officials from Ethiopia and Djibouti have taken over the management of the China-funded 752km railway Addis Ababa to Djibouti’s port on the Indian Ocean.…
News Ethiopian Airlines opens terminal at Gode airport Africa’s largest carrier, Ethiopian Airlines, has opened its terminal at Gode Ugaas Miraad Airport near the border with Somalia. After three years in construction, Ethiopia’s prime minister Abiy Ahmed cut…
News Ethiopia starts building $70m vaccine factory Ethiopia launched its bid to be a player in the global vaccines market last week when its health minister Lia Tadesse laid the foundation stone for a $70m vaccine factory…
News Egypt declares GERD talks with Ethiopia over Egypt has declared the latest round of talks with Ethiopia over the latter’s Grand Ethiopian Renaissance Dam (GERD) on a tributary of the Nile River to be over without agreement.…
News Development bank pulls staff out of Ethiopia after “serious diplomatic incident” The African Development Bank (AfDB) has withdrawn all its international staff from Ethiopia after two of its employees were arrested, physically assaulted, and detained for hours by security forces without…
News Dubai firm invests in $600m Ethiopian wind farm Dubai renewables developer AMEA Power has signed a deal with the Ethiopian finance ministry to invest in an 18,000-hectare wind farm in the Horn of Africa region. Set to cost…