THE ambitious Abidjan-Lagos highway project is set to become a game-changer for West Africa, connecting five major countries and fostering regional integration by 2030. Stretching 1,028 kilometres, the coastal motorway will link Cote d’Ivoire, Ghana, Togo, Benin, and Nigeria, creating a dynamic economic corridor, according to the African Development Bank (AfDB). Work on the toll-free … Read more
ETHIOPIA is set to welcome its first green hospital, the Roha Medical Campus (RMC), a $130 million multi-specialty facility under construction in Addis Ababa. The hospital recently achieved a historic milestone, becoming the first healthcare project in Ethiopia to gain accreditation for sustainability under the IFC EDGE (Excellence in Design for Greater Efficiencies) programme. This preliminary certification, … Read more
THE Ethiopian Industrial Parks Development Corporation (IPDC) has announced that Ethiopia’s first free trade zone, the Dire Dawa Free Trade Zone, is now fully operational. This development is set to attract international manufacturing companies to Ethiopia, strengthening the East African country’s position as a regional trade and logistics hub, according to IPDC’s CEO, Fisseha Yitagesu. … Read more
AFTER 156 years, the shield of Emperor Tewodros II, looted by British forces during the 1868 Magdala War, has been returned to Ethiopia. The ceremonial handover, a historic event, was attended by representatives from the Ethiopian Heritage Protection Authority and descendants of soldiers who fought in the Magdala War, according to reports by the Ethiopian … Read more
ETHIOPIAN Prime Minister Abiy Ahmed has accused some foreign embassies of undermining the country’s economy through black market foreign currency dealings. Addressing the House of People’s Representatives, Abiy alleged that certain embassies have been engaging in unauthorised foreign exchange transactions, negatively impacting Ethiopia’s foreign currency reserves and overall economic stability. ‘There are embassies robbing Ethiopia … Read more
ETHIOPIA’S digital sector could inject 1.3 trillion birr (around $10.9bn) into the country’s GDP by 2028, according to a new report by the GSMA, the global association for mobile network operators. The Ethiopian Digital Economy Report projects that digital advancements will help create over one million jobs and generate an additional 57 billion birr ($468.7 million) in … Read more
THE Ethiopian government has recognised the Chinese-built Ethiopia-Djibouti railway for its significant contribution to the country’s expanding export-import trade. The 752-km railway, a vital link between the two countries, has been praised for its fast-growing role in promoting socio-economic development. The Ethio-Djibouti Standard Gauge Railway Share Company (EDR) announced that the recognition from Ethiopia’s Ministry of Transport … Read more
Ethiopia parliament has approved Taye Astike Selassie as the new president, replacing Sahle-Work Zewde, the country’s first female head of state. Taye, who has served as foreign minister since February, steps into the largely ceremonial role, while political power remains with Prime Minister Abiy Ahmed. Sahle-Work, appointed in 2018 with Abiy’s backing as a symbol … Read more
ETHIOPIAN Prime Minister Abiy Ahmed has inaugurated the Chinese-built Lemi National Cement Factory, the country’s largest of its kind with a production capacity of 150,000 quintals (15,000 tonnes) per day. Inaugurating the mega cement factory on Saturday, Abiy said “the project exemplifies the swift and efficient delivery of crucial infrastructure. “Congratulations to all those … Read more
THE brutal rape and murder of seven-year-old Heaven Awot in Bahir Dar, Amhara region, has sparked widespread outrage across Ethiopia, with many decrying the 25-year prison sentence handed to her attacker, Getnet Baye, as far too lenient. Heaven was sexually assaulted, mutilated, and killed by her mother’s landlord in August last year, a crime … Read more