Ethiopia Inaugurates Chinese Funded, Built Park

Sep 11 , 2020


Ethiopia has inaugurated the Chinese funded and built Sheger Park's Friendship Square on the eve of the New Year. The inauguration was held with the presence of President Sahle-Work Zewde, Prime Minister Abiy Ahmed (PhD), Chinese Ambassador to Ethiopia Tan Jian, and 1,500 invited guests. Marked by a lakeside fountain, an artificial pond, and an active waterfall belt on the Banteyiketu River, the event showcased different parades by the Republican Guard and a marching band. Built for 50 million dollars, the project was handled by First Highway Engineering Group, a subsidiary of the mammoth China Communication Construction Corporation. The project includes the construction of a central square that rests on 32ha of land and rehabilitates 1.2Km of the Banteyiketu River. The inaugurated project is the first phase of the three-year Beautifying Sheger project that aimed at alleviating the capital city's condition to one of urban tourism and also rehabilitating two riverbanks stretching from Entoto to the Aqaqi River. The second phase of the project worth 54.8 million dollars was awarded to Jiangsu Nantong Sanjian Group to be delivered in 14 months. It will construct a science museum, children amusement park, sports centre and wedding space. It will develop 16ha of land and 10.5Km of the riverside rehabilitation.


Radar

City Approves Supplementary Budget for Capital Projects

Mayor Adanech Abiebe updated the City Council on the corridor development project during a meeting. While progress has been made, there are outstanding issues for some residents. An estimated 20pc of the 5,135 households impacted by construction have not yet received compensation or replacement housing. The Council approved a supplementary budget of 21 billion Br for the current fiscal year, which ends in two months. Over 90pc of these funds are earmarked for finalising capital projects, with...


Radar

Oromia Insurance Makes Historic Payout to Farmers

Oromia Insurance S.C. facilitated a 39 million Br payout in claims to Amhara Regional State farmers who suffered crop losses due to pest and drought. The initiative involved key stakeholders including the World Food Program (WFP), the Agricultural Transformation Institute (ATI), Pula Advisors, Agriculture and Finance ministries, and German development organisations. Spearheaded by Pula Advisors, the program has reached over 122,000 smallholder farmers, providing insurance against climate risk...


Radar

Ethio telecom Rolls Out Nationwide Digital ID Registration

Ethio telecom has launched a nationwide digital national ID registration program across 19 locations in Addis Abeba and 29 towns nationwide. With plans to register up to one million citizens a month, targeting to reach 32 million people within the next three years. The target represents 36pc of the total national goal of registering 90 million citizens. This program leverages the telco's extensive ICT infrastructure and network services in partnership with the national ID program office, led...


Back
WhatsApp
Telegram
Email