Addis Inaugurates City-bus Expressway

Jun 27 , 2020


The Addis Abeba City Administration has inaugurated a mega city-bus expressway project for 5.9 billion Br. Stretching from Jemo II to General Wingate Square, the city-bus expressway covers 19.2Km and is expected to be completed in two years. The inauguration took place with the presence of Prime Minister Abiy Ahmed (PhD) and Addis Abeba City Administration Deputy Mayor Takele Uma. The City Administration is expected to cover 55pc of the required budget for the project, while the remaining will be financed through a loan from the French government. The Prime Minister stated that the project will decrease youth unemployment significantly and noted that transportation and roads are as crucial as housing.


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Ethiopian Seafarers Contribute $50m Annually in Remittances

Ethiopian Maritime Authority disclosed 50 million dollars in annual remittances from seafarers deployed internationally. Abdulber Shemsu, the director general of the Authority, said Ethiopia's membership in the International Maritime Organisation (IMO), establishes global standards and guidelines for safe, secure, and environmentally sustainable shipping practices. With 176 member countries and three associate member countries, including Ethiopia, the IMO provides a framework for ensuring...


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AfDB Launches $1.5m Initiative to Propel Agro-Industrial Parks

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Cabinet Approves Public Service Legislation

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