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November 2020
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Africa is currently witnessing a boom in urban investments; however, their nature differs significantly across different cities. Most of the investments are motivated by political – the city of Addis Ababa, for instance, which has grown and developed tremendously in the last twenty years, is witnessing a different urban vision, targeting mainly aesthetic, Ethiopian diaspora, and urban...
It was reported by Dawit Endeshaw and edited by Giulia Paravicini, George Obulutsa, and Mark Potter that there have been 389 confirmed COVID-19 cases and trolled into 5 deaths with 69,507 tests conducted until May ‘20. But the Ethiopian telecommunications sector is set to issue licenses of two new telecom operators despite the novel coronavirus outbreak within a population of 110 million. At the...
Amid the ongoing COVID-19 pandemic, the cancellation of flights by the Ethiopian Airlines Group has resulted in a decline of 35.5% in the number of international arrivals in the country, as reported by the JLL Hotels and Hospitality Group. The Ethiopian Airlines Group flies to more than 80 destinations worldwide from Addis Ababa, the Ethiopian Capital. The report emphasized that international visitors...
Confirming the launch of the leading as well as in all probability the most contested African hydro-electrical complex, the Ethiopian Prime Minister Abuy Ahmed made the announcement," Without bothering and hurting anyone else; we have completed the first dam filling." For Ethiopia, this is a democracy issue mainly revolving around two levels, political and economic. The economic aspect mainly revolves...
The Board Chairman of East African Holding, Buzuayehu Tadele Bizenu, indicated in his Ethiopian New Year message on Monday evening, which was telecast on the state broadcaster ETV that the industrial conglomerate had gotten involved in real estate development via launching the construction of about 800 houses in Addis Ababa, the country's capital. East African Holding is well-known for its investments...
Eagle Hills, a renowned Abu Dhabi-based private real estate investment company and developer of new city hubs and several other projects in the high-growth international market, prepared to initiate their luxury apartment project at the prime location Addis Ababa, capital of Ethiopia. In November, it was declared when the company decided to launch the plan that the project will be of $1.8 billion worth...