Buy, Sell & Rent Real Estate in Ethiopia

Flooring minimum wage rates in Ethiopia

Flooring minimum wages is a global challenge. It is complex as several variables have to be considered. This is vital as it promotes fair resources distribution, protects workers against unduly low wages and solves the inequality in living standards. Minimum wage floor is also an element for policies development seeking to reduce poverty levels. This issue proves quite challenging to developing countries...

Concerns raised by President Danny Faure in African Union Summit held in January this year

President Danny Faure was among leaders attending the African Union (AU) heads of state Summit which was the 30th session. The summit took place in Addis Ababa, Ethiopia end of January this year. The president was reported to have left on the 27th and returned on 29th. The African Union Summit touched on two major issues which seek to define AU’s relevance to the continent as a regional entity.  The...

Ethiopia expected to remain in the lead with highest growth rate in East Africa

Reports from Global Economic Prospects (GEP) released early this year forecasted 3.2 percent growth acceleration in Sub- Saharan Africa this year. This would be an increase from the 2.4 growth percent recorded last year and the preceding slowed growth rate in 2016 at 1.3 percent. The World Bank’s GEP report indicated that Ethiopia would be the fastest growing country compared to others in the region....

The Fifth Annual Africa Hotel Expansion Summit in Addis Ababa

Ethiopia will host the forthcoming Fifth Annual Africa Hotel Expansion Summit from February 27 to 28, 2018. The meeting will take place in Addis Ababa hence attracting tourists from various African states and globally. The meeting shall take place at Radisson Blu Hotel Addis Ababa. Hotels keep generating revenue to various governments in Africa. Therefore, the industry is considered vital for attracting...

Ethiopia Sets Platform for African Business and Investment Forum

On January 30, 2018, Addis Ababa hosted African Business and Investment Forum. The one-day event featured discussions related to energy, trade, health, agribusiness, and diversification. The platform links the US and African heads of state, representatives of multilateral institutions, ministers and other stakeholders with similar interests. The organization of the conference paved the way for leaders...

Ethiopian capital Addis Ababa: perks and pitfalls

Addis Ababa the state capital of Ethiopia has an average populous of 3 million people; its area is roughly 203sq miles. The climate predominant in the area is subtropical though variations are present from highland to lowland regions. The city has a rich cultural heritage and has many beautiful sites to explore. The National Museum of Ethiopia is a marvelous place to begin unearthing the cultural roots...

Top 10 most exotic hotels in East Africa

If you want to make your holiday dreams come true, you need to choose a hotel that offers specific services that you dream about.  There is a rise in demand for luxurious hotels in East Africa and the hotel industry has not disappointed. The 10 most luxurious hotels feature elegance and memorable experiences. House of Waine It is located in posh neighborhoods. The interior design is amazing...

Ethiopia Enlarges its Taste for Real Estates

Ethiopia has witnessed an increase in the capacity of its citizens to afford stately housing. A land once ravaged by the onslaught of natural calamities like drought is now seeing better days. Areas where nothing but agricultural land predominated are now being populated with top class housing this is the development in the elite suburb of Yerrer View. The World Bank has noted an annual 10 percent...

Danube Group Targets African Markets

Danube, a Dubai-based building materials company is looking for franchise partners in African states as they mainly eye for markets in Nigeria, Ethiopia, and Kenya. Currently, the company has franchise partner in Tanzania and the United Arabs Emirates (UAE) Company has shown interest in Africa. Danube has been part of Big 5 for several years, and during the annual meeting, the company acquires nice...

Five Reasons That Will Make You Love Addis Ababa

Ride in line taxis which are also called blue donkeys they are minibus with sliding doors on one side which carries 12 to 15 people. They are easy to identify because of their blue and white colors. An average trip with a line taxi in a day will cost one less than $50. Through the frequent interaction while using the line taxis brings togetherness to the people. The urge to learn the Amharic language is...

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