Business dynamics have changed a lot over the period. Nowadays, investors eagerly focus on Real Estate Business opportunities. The investment made at the right time and the right place proves a win-win situation for the investors. Making an investment decision requires complete research to secure the investment, and one needs to consider many areas. A complete understanding of the local land laws is...
The agency that works for the civil organizations to regulate CSOs has asked all the societies, including locals and foreign ones, to register properties and provide reports on the assets to date. The civil society organizations are tube. Time to furnish the reports in both soft and hard form within the same year. The Agency provided six different forms, including sold vehicles, fixed assets, vehicles...
China is currently Ethiopia’s largest trading partner. By 2015, the trade volume between these two countries had already reached a margin of 6 billion dollars. So far China has invested in various sectors in Ethiopia including the manufacturing industry which is at the top, followed by the construction sector, real estate, and consultancy, among many others. At the start of 2017, the private Chinese...
Demand for residential houses in Addis Ababa has continued to rise over the past few years. More Ethiopians are relocating to town putting pressure on the government to satisfy the housing demands. Nevertheless, the private sector has really stepped into at least cater for some of the demand, especially demand for high-end residential houses. The private sector has been experiencing impressive steady...
Ethiopia is among the leading countries in Africa with massive construction of housing schemes. These schemes are concentrated in Addis Ababa, with the government trying to cater for the ever-growing urban population. The ability for the Ethiopian government to solve the relenting urban housing demand is uncertain with the forecasted doubling of the current population to 8 million by the next decade....
Additional 8,428 homes will be constructed in Bole District, Addis Ababa under the middle-income housing scheme. The houses will be built on a 38ha land acquired by the Addis Ababa Savings & Houses Development Enterprise (AASHDE) from the City Administration. The project will feature 54 buildings in which the new homes will be enclosed in Bole Arabsa. The homes will be built in one, two and three...
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....
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...
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