ROAD INFRASTRUCTURE PROJECT SET TO KICK-OFF IN ETHIOPIA

ROAD INFRASTRUCTURE PROJECT SET TO KICK-OFF IN ETHIOPIA

Ethiopia set to kick-off road infrastructure which will ease movement of goods and commodity. Ethiopia is set to kick-off on its US$43m infrastructure projects. This project will help to improve the transport and network connection to boost trade. It will also help grow the nation economic. The project will also help to lure investors and in the process create opportunity for the nation. Meanwhile,  Addis Ababa City Roads Authority is on the verge of completing the signing of…

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ETHIOPIA’s FIRST CONSTRUCTION SYMPOSIUM VERY CRUCIAL TO SOLVING PROBLEM

ETHIOPIA’s FIRST CONSTRUCTION SYMPOSIUM VERY CRUCIAL TO SOLVING PROBLEM

Ethiopia’s  first construction symposium brought about new technologies and ways to tackle the sector. The first construction symposium in Ethiopia has been hail as crucial for the sector.  It has also help create a platform where construction expert can sit and discuss the country various challenges in the sector. Ethiopia’s Construction Minister  Eng. Ayisha Mohammed said the Ministry would focus on gathering new insights on how to manage the construction sector challenges. She also said that…

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SOMALIA AND ETHIOPIA IN A MUTUAL RELATIONSHIP TO BETTER THEIR ECONOMY

SOMALIA AND ETHIOPIA IN A MUTUAL RELATIONSHIP TO BETTER THEIR ECONOMY

Somalia President and Ethiopia Prime Minister signs agreement to benefit both countries and strengthen each other.  Ethiopian Prime Minister Abiy Ahmed and Somalia President Mohamed Abdullahi agreed to a mutual relationship between both countries. They also agreed to contribute to A.U.’s plan of seeking better solutions to the continent. The meeting held at Somalia’s capital Mogadishu and henceforth, both countries will enhance diplomatic and trade activities as well as removing all trade and economic barriers….

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EGYPT’ SHARE OF THE NILE WATERS WILL BE GIVING TO THEM SAYS PM OF ETHIOPIA

EGYPT’ SHARE OF THE NILE WATERS WILL BE GIVING TO THEM SAYS PM OF ETHIOPIA

Ethiopia’s PM vows to give Egypt there share of the Nile waters inline with the agreement earlier on. Prime Minister of Ethiopia promises that Ethiopia will not reduce Egypt’s share of Nile waters as plans to complete the Africa’s largest hydroelectric dam is ongoing . The PM in a statement said they have “no desire or idea to harm the Egyptian people. We should benefit from this river, the Nile, but we should not do harm to…

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SHERAR ADDIS HOTEL OPENS IN ETHIOPIA

SHERAR ADDIS HOTEL OPENS IN ETHIOPIA

New Hotel opens in Ethiopia so as to grow its tourism sector in the nation. Sherar Addis Hotel has officially open its doors to the public in Ethiopia. The construction of the hotel took four years and will have six storeys with 30 standard rooms. It is also just minutes away from Bole International Airport and sit on a 500 sqm plot of land. The hotel will have different facilities which include a bar, lounge, restaurant and cafe. It…

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ETHIOPIA INVITE BIDDERS FOR DIDESA POWER PROJECT

ETHIOPIA INVITE BIDDERS FOR DIDESA POWER PROJECT

Ethiopia Electric Power (EEP) invites bidders for 550MW Didesa hydroelectric power project. Ethiopia Electric Power (EEP) Corp is inviting private project developers for the financing and construction of the 550MW Didesa hydroelectric power project. Selection of the project company will be based on the least bid price and tariff charges in USD/MWh. Successful bidders will enter into a long term Power Purchase Agreement (PPA) with EEP for the projects. The Agreement is for the capacity and electrical output of…

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ETHIOPIA TO OBTAIN PART OF DJIBOUTI PORT

ETHIOPIA TO OBTAIN PART OF DJIBOUTI PORT

Ethiopia to acquire part of Djibouti’s port. Djibouti have reach an agreement with Ethiopia concerning the acquisition of part of its port by Ethiopia. This agreement comes after Djibouti on its own invalidated a contract with the United Arab Emirates’ giant Dubai Ports World (DP) two(2) months ago. According to Ethiopian Minister of Transportation Ahmed Shide, determination of the percentage apportioned is till ongoing. As experts are still assessing the value and profit margins of the port. Both parties…

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ETHIOPIA BOLE INTERNATIONAL AIRPORT EXPANSION WORK ONGOING

ETHIOPIA BOLE INTERNATIONAL AIRPORT EXPANSION WORK ONGOING

Expansion works ongoing at Bole International Airport, Ethiopia. The first phase expansion of the Bole International Airport in Addis Ababa, Ethiopia is already ongoing. After completion of the phase 1 expansion work, the Airport will commence operation by June 2018. The whole expansion project will come to completion by the end of this year 2018. According to Ethiopian Airports Enterprise CEO, Tewdros Dawit, the expansion project aims at addressing the congestion among the country’s airports. It also enables the Airport make a big…

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ETHIOPIA TO BECOME AFRICA’S FASTEST GROWING ECONOMY

ETHIOPIA TO BECOME AFRICA’S FASTEST GROWING ECONOMY

Ethiopia to become 2018 Africa’s fastest growing economy. Latest IMF forecasts reveals that Ethiopia will overtake Ghana as the fastest growing economy in 2018. Bretton Woods institution data shows that Ethiopia will record an 8.5 percent growth rate. This will eventually surpass Ghana’s 6.3 percent growth rate. According IMF, entry of investors such as General Electric Co, Standard Group, as well as other Chinese companies into the Ethiopian economy will further stimulate the country’s US$73 billion GDP. This GDP…

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Sales Manager Vacancy at Hyatt, Addis Ababa, Ethiopia

Sales Manager Vacancy at Hyatt, Addis Ababa, Ethiopia

Hyatt is an equal employment opportunity and affirmative action employer. We do not discriminate on the basis of race, color, gender, gender identity, sexual orientation, marital status, pregnancy, national origin, ancestry, age, religion, disability, veteran status, genetic information, citizenship status or any other group protected by law. PRIMARY LOCATION: Ethiopia-AA-Addis Ababa ORGANIZATION: Hyatt Regency Addis Ababa JOB LEVEL: Full-time JOB: Sales REQ ID: ADD000020 DESCRIPTION: You will be responsible for the efficient running of the department in line with Hyatt…

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METAHARA SUGAR FACTORY RENOVATION NEARS COMPLETION IN ETHIOPIA

METAHARA SUGAR FACTORY RENOVATION NEARS COMPLETION IN ETHIOPIA

Ethiopia sugar factory renovation set to be completed soon after damage to the roof structure. The sugar factory which has been in operation since 1970 is undergoing renovation work after the thunderstorm. The thunderstorm cause a lot of damage which seen hotels and supermarket run out of sugar. The factory roof structure was damage due to the thunderstorm but is now undergoing renovation. Ethiopian Sugar Corporation communication director Gashu Ayichiluhum said “Despite the damages inflicted on the…

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ETHIOPIA TO CONSTRUCT ITS FIRST EVER WASTE-TO-ENERGY PLANT

ETHIOPIA TO CONSTRUCT ITS FIRST EVER WASTE-TO-ENERGY PLANT

Ethiopia on track to get its first ever waste-to-energy plant as construction work is nearing completion. The construction of the plant will soon kick-off in Ethiopia. The plant which is a waste to energy will burn over 1,400 tons of waste every day which is 80% of the city rubbish. It will also supply Addis with 30% of its household electricity needs and meeting European standards on air emissions. Ethiopia’s deputy permanent representative to the United Nations…

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ENTERPRISE SET TO CONSTRUCT FOUR DRY PORTS IN ETHIOPIA

ENTERPRISE SET TO CONSTRUCT FOUR DRY PORTS IN ETHIOPIA

Shipping and logistic service provider Enterprise to construct four dry ports in four different towns. The construction of the dry port will be complete in two years time. The port will create market chains with the expanding industrial parks and railway lines. The port will be install in the following area; Mekelle, Woreta, Kombolcha and Hawassa towns. The various towns listed will have 91 hectares of land ready to be use. Shipping and Logistics Service Enterprise…

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ETHIOPIA DECLINES ARBITRATION FROM WORLD BANK OVER NILE WATER DISPUTE.

ETHIOPIA DECLINES ARBITRATION FROM WORLD BANK OVER NILE WATER DISPUTE.

  Ethiopia and Egypt are at rival over the construction of the Ethiopians Renaissance Dam.   Ethiopia’s Prime Minister Hailemariam Desalegn turned down the idea by Eygpt for World  Bank arbitration in a dispute over a hydroelectric dam Addis Ababa is building along its share of the Nile. With discussions deadlocked for months over the wording of a study on its environmental impact, Egypt’s Foreign Minister Sameh Shoukry proposed late last month that the World Bank…

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Ethiopia an essential partner to UK in areas of global peace and security

Ethiopia an essential partner to UK in areas of global peace and security

The British Embassy in Ethiopia remains an important partner of the United Kingdom in the area of global peace and security. In a statement from the Defense Attaché Colonel Matt Monro at an event organized over the weekend by the Embassy said that “Ethiopia is one of the UK’s strategic partners in global peace and security. We have been, and are keen to continue, helping improve the capacity of our partners,” In an alumni event brought together…

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US $91M MEGA HOTEL TO BE CONSTRUCTED IN ETHIOPIA

US $91M MEGA HOTEL TO BE CONSTRUCTED IN ETHIOPIA

Mega hotel construction set to help the tourism sector in the country. The hotel which is a 637-key five-star will constitute of a duty-free shop, cultural shop, an aviation museum and parking lots built on a 22,410sqm piece of land. The project which is sponsored by the Ethiopia Airlines is considering hiring a consultant for the second phase project of incorporating a five-star hotel and duty-free mall on the plot located in front of the…

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ETHIOPIA TO CONTINUE WITH CONSTRUCTION OF RENAISSANCE DAM EVEN AFTER EGYPT WARNS

ETHIOPIA TO CONTINUE WITH CONSTRUCTION OF RENAISSANCE DAM EVEN AFTER EGYPT WARNS

Mr Beleke says Ethiopia does not need anyone’s permission to benefit from its natural resources. Ethiopian minister of water, electricity and irrigation, Seleshi Bekele, after a meeting (between countries that share the Nile) which ended without an agreement, said despite warnings from Egypt it would continue with the construction of its huge hydro dam on the Nile. Egypt’s president Abdel-Fattah el-Sissi, had recently issued a stern warning to Ethiopia concerning its Renaissance Dam on the Nile, as construction…

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ITALIAN FIRM TO BUILD 100MW SOLAR FARM IN ETHIOPIA

ITALIAN FIRM TO BUILD 100MW SOLAR FARM IN ETHIOPIA

Ethiopia 100MW Solar farm project to get US$120m from Italian Firm. An Italian multinational manufacturer and distributor of electricity and gas, Enel Electricity Company whose Enel Green Power unit lead a consortium has been selected as the preferred bidder for a 100 megawatt solar farm in Ethiopia. The Consortium which also includes Ethiopian infrastructure company Orchid Business Group is to invest  US$120 million in the project. Antonio Cammisecra, Enel Green Power boss said Ethiopia, which Africa’s most populous state after Nigeria,…

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GAMBELLA AIRPORT IN ETHIOPIA INSTALL ATC TOWER

GAMBELLA AIRPORT IN ETHIOPIA INSTALL ATC TOWER

Ethiopia’s Gambella Airport set to install advance air traffic control (ATC) that will help control takeoff and landing. The airport is expected to install a US$1.3m advanced Air Traffic Control (ATC) tower that directs aircrafts during takeoff and landing. The procurement for communications, navigation, and surveillance systems was done overseas so as to ensure that the tower is fully operational. Aerodrome Engineering Section Supervisor, Habtamu Ashine; “The project experienced delay for some times due to security issues of the…

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US$ 3.4BN ETHIO-DJIBOUTI RAILWAY PROJECT COMMENCE RIDE TRIAL

US$ 3.4BN ETHIO-DJIBOUTI RAILWAY PROJECT COMMENCE RIDE TRIAL

Ethiopia and Djibouti combine resources to build a railway which is expected to be managed by both China’s CREC and CCECC. Ethiopia and Djibouti has combined to construct a railways that is expected to help both countries citizens have a better relationship. The railway project which was awarded to both China Railway Engineering Corporation (CREC) and China Civil Engineering Construction Corporation (CCECC) is worth US$ 3.4bn and is expected to commence a ride trial as the…

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