Addis Ababa among the 10 Fastest-Emerging Global Cities

These Are The 10 Fastest-Emerging Global Cities Cities in lower-income countries are rapidly catching up with the world’s top business capitals, according to a new report. Chicago-based consulting firm A.T. Kearney is predicting the next generation of global cities, based on the speed with which they are catching up to world capitals. The “Emerging Cities […]

Breakthrough in riding the rails in Ethiopia

AddiAbaba: April 14, 2014 (FBC) – As dusk falls on Addis Ababa, it is easy to spot the shadows of the giant cranes that are busy laying the rails for Ethiopia’s ambitious light-rail transit system. The $475 million project, being executed by China Railway Engineering Corp, will soon have Chinese-made trams ferrying passengers across the […]

Ethiopia’s first expressway nears completion

The Addis Ababa-Adama expressway in Ethiopia will be first expressway in Ethiopia and East Africa when complete and also the first toll road in the nation. It will connect the capital city Addis Ababa to Adama in Nazareth. Construction started in April 2010 and is scheduled to be complete in April 2014. The project is […]

Cairo Analyst Says Ethiopia Dam Won’t Hurt Egypt

VENTURES AFRICA – A water expert from the AUC University in Cairo has confirmed that Ethiopia’s hydroelectric dam will not hurt Egypt’s share of the Nile waters. According to the Egypt-based water resource management specialist Richard Tutwiler, the Ethiopian dam will never stop the flow of water downstream to Egypt. “It is unlikely that Ethiopia […]

Ethiopia Establishes Business Academy

March 26, 2014 VENTURES AFRICA – To improve the business culture in the country, especially in its private sector, the Ethiopian Chamber of Commerce and Sectorial Associations (ECCSA) has launched the “Chamber Academy”, in partnership with the Center for International Private Enterprises (CIPE), a US based affiliated organization with US Chamber of Commerce. The business […]

Unilever (UNA) plans to open a manufacturing plant in Ethiopia

17 March 2014-Addis Ababa-Unilever (UNA), the world’s second-biggest consumer-products manufacturer, plans to open a manufacturing plant in Ethiopia during the next year, Bloomberg reported citing a company official. The company is renting premises for a plant in the Eastern Industry Zone in Dukem, 31 Km southeast of the capital, Addis Ababa, Dougie Brew, head of […]

CNR to supply 41 modern tram(LRVs ) for Addis Ababa LRT

Written by  Keith Barrow Chinese train manufacturer, CNR Corporation (CNR) has signed contracts with Ethiopia to provide a fllet of 41 modern tramcars,(LRVs ) for the 37.4km light rail network which is currently under construction in the Ethiopian capital Addis Ababa. The tramcars will be customized for use in Ethiopia’s capital of Addis Ababa, where the altitude is 2,400 meters , according to […]

Ethiopia plans to build new Addis airport

Monday, March 17, 2014-ADDIS ABABA – Ethiopia plans to build a new international airport on the outskirts of capital Addis Ababa, the Ethiopian Airports Enterprise (EAE) said Monday.”The enterprise has already identified three locations for the construction of the new airport,” EAE head of public relations Wondim Teklu told Anadolu Agency. According Teklu, traffic through […]

Ambassador Teshome Toga Engages Members of the Ethiopian Community residing in the Netherlands

(March 11, 2014, Brussels), Ambassador Teshome Toga introduced himself to members of the Ethiopian Diaspora community living and working in the Netherlands on March 8, 2014. Briefing the participants in his introductory remark, Ambassador Teshome Toga said that the primary focus of his mission during his tenure as Ethiopia’s Ambassador to the Netherlands is to […]