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Urban Development Projects in Addis Ababa Raise Questions about Ethiopia’s Spatial Justice and Urban Design

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...

New Telecom Operator Licenses To Be Issued By Ethiopia’s Telecommunication Sector

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...

ETHIOPIA: International Arrivals experiences a downwards trajectory by 35.5%

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...

ETHIOPIA: Changing Dynamics of Nile-Mega Dam

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...

East African Holding to Implement 800 Housing Units in Addis Ababa

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...

Addis Ababa Luxury Apartments by Eagle Hills All Set To Be On Sale

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...

Accor Partners with Private Conglomerate to Manage a 150-key Ibis Styles Hotel in Addis Ababa, Ethiopia

Hospitality tycoon Accor, in partnership with the private corporation Yuluch Elyano Trading, has made a management deal to build property under the banner of its leading design economy brand known as Ibis Styles. This is in light of the group’s plan to expand its reach in Ethiopia. Yuluch Elyano Trading will control the 150-key hotel to be built in Addis Ababa, becoming the fifth emerging property in...

African urban growth is expected to be massive

Real estate sector in Africa has been experimenting an impressive growth. On average, 10,000 accommodations miss each year in most of these countries, and despite some governmental endeavors, the shortfall is still important. According to several studies, African population is going to increase over threefold during the next 40 years. This demographic growth will inevitably go with a strong development...

Ethiopia is the African country with the higher number of millionaires

Ethiopia is the African country where is the most important number of millionaires. This comes from the success of the economic growth based on subcontracting. The number of millionaires increased by 108% between 2007 and 2013 and reached 3,000 people. This growth is more important than anywhere else in Africa. One might explain it is due to the GDP growth that was two digits during the 2000’s. The...

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