Posted on :Friday , 18th January 2019
Ethiopian Airline is set to launch US $65m Ethiopian Skylight Five Hotel this month. This is according to the Airline’s Head of Infrastructure Planning and Development, Abraham Tesfaye.
The Head of Infrastructure Planning said that the million dollar hotel whose construction began in 2016, will be officially opened to the public on the 28th of January. The hotel is lo. . .
Posted on :Monday , 14th January 2019
The total number of projects in East Africa has risen by a substantial 96% between 2017 and 2018 with an equally substantial increase of 167% in the total US dollar value of projects, a new report has shown.
The Africa Construction Trends (2018) by consultancy firm Deloitte, reveals that East Africa has a total of 139 projects at a combined value of US$87.1bn. The region accounts. . .
Posted on :Monday , 7th January 2019
Investment opportunities in infrastructure construction is set to expand at a rapid pace in East Africa. According to GlobalData, total infrastructure construction output is expected to soar from US$25.9bn in 2017 to US$98.8bn in 2022 in the three largest markets in the region, Ethiopia, Kenya and Tanzania.
Yasmine Ghozzi, construction analyst at GlobalData said that Inves. . .
Posted on :Friday , 4th January 2019
Ethiopia’s water and energy minister Seleshi Bekele announced on Thursday that the country will start energy production at the Grand Renaissance dam in December 2020.
The 6,000-megawatt Grand Renaissance Dam is the centerpiece of Ethiopia’s bid to become Africa’s biggest power exporter.
Bekele told the parliament that 750 megawatts is the planned initial produc. . .
Posted on :Friday , 28th December 2018
Chinese-built Jimma Industry Park in Ethiopia’s historic western town of Jimma, some 350 km west of the capital Addis Ababa, was inaugrated by Ethiopian's Prime Minister Abiy Ahmed, Djiboutia's President Ismail Omar Guelleh and Sudanese's President Omar al-Bashir on Saturday. The three leaders also witnessed a corner-stone laying ceremony for another Chinese-contracted major road infrastr. . .
P: +971 43050755
Please Write to us here