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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Parliament Nods for Cabinet Appointments

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Fitch Acknowledges Easing Financial Pressures, Enhanced Macroeconomic Stability

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