PEEVISH PRESCIENCE


PEEVISH PRESCIENCE

A striking void harrows in the streets of the Piazza area mirroring the empty former grounds of the Arada building. The area has a host of new projects, including the flagship Adwa Zero Km museum, which was slated for inauguration last month. Addis Abeba's aesthetic landscape has transformed significantly over the past few years as mega projects of astronomical proportions are availed. While Addis Tomorrow economic zone, which sits on 35hct around the Gotera area, has yet to break ground, the satellite city on the Yeka Mountains, closely guarded by the Prime Minister, has already transformed the area behind Shola Gebeya. A contrasting set of opinions on the changing skyline has been formed with some nostalgic for the capital's rustic look while others fawn for the metropolitan sleek looks.

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Radar

Construction Sector Faces 'Serious Trouble,' Minister Warns

The construction industry in Ethiopia is in "serious trouble," said Chaltu Sani, Minister of Urban & Infrastructure Development, citing major challenges with finance, competitiveness and material costs. Speaking at the opening of the BIG 5 Construct Ethiopia expo and the inaugural East African Infrastructure & Water Expo at Millennium Hall last week, Chaltu stressed the need for concerted efforts from government, private sector, and international partners to support the 67 billion dol...


Radar

Wegagen Bank, Gift Real Estate Partner to Promote Diaspora Homeownership

Wegagen Bank S.C. and Gift Real Estate Plc. signed a Memorandum of Understanding (MoU) on June 23, to offer housing loans for homebuyers, with a special focus on the Ethiopian diaspora. The agreement enables eligible diaspora members to access loans covering up to 80pc of a home's value at reasonable interest rates. The bank's Deputy CEO Kidane Gebreselassie noted the deal will promote the real estate sector and expand homeownership options. Founder and CEO of Gift Real Estate, Gebreyesus Igata...


Radar

Jimma University Signs Sports Science Agreement to Strengthen National Programmes

Jimma University has signed a four-party Memorandum of Understanding (MoU) with the Ethiopian Academy of Sciences, Derartu Tulu Sports Training & Research Institute, and the Oromia Youth & Sport Bureau to advance Ethiopia's sports science and training capacity. Signed on June 26, the agreement includes joint research, shared facilities, and hosting of national and international competitions. It is expected to strengthen youth development, public health, and national pride through coor...