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Ashley, Yusra Partner with Arada Mall for Furniture Showroom


Ashley, Yusra Partner with Arada Mall for Furniture Showroom

World-leading home furnishings manufacturer Ashley Industries Plc who has been in partnership with Yusra Homes signs to open a flagship showroom at the Arada Mall project in Addis Abeba. The signing ceremony was attended by U.S. Ambassador Ervin Massinga and senior executives from both companies. Ashley Furniture, an American brand with more than 20,000 retail outlets across 155 countries and a global workforce of about 35,000, will enter the Ethiopian market through an exclusive retail partnership with Yusra Homes, a furniture importer. The showroom will be located inside Arada Mall, currently under construction in the Piassa area opposite the Adwa Museum. Promoted as first international-standard mall, the project has attracted global professionals during construction and plans to host international businesses once operational. Project costs have exceeded one billion Birr, with all commercial spaces reportedly leased ahead of completion. Commercial space allocation assigns 48pc to international businesses and 52pc to local companies. The mall is designed to host a broad mix of retail, service, and commercial facilities under one roof. Government service offices will also be housed in the complex, with further agreements expected to be announced.

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Customs Commission Puts Government Transactions on Mesob

Public institutions must now process customs-related transactions through Mesob, a new electronic platform introduced to reduce manual procedures in government trade operations. The Customs Commission has directed the institutions to use the platform for customs clearance, transit processing, import and export procedures, transaction verification, and related services. Mesob became operational for public institutions on July 20, 2026, for customs services. Institutions must complete intern...


Radar

Addis Grants Extra Month for Residential Lease Renewals

Lessors and tenants in Addis Abeba have an extra month to renew residential lease agreements after the City Administration extended the registration deadline from August 6 to September 5, 2026. The Addis Abeba Housing Development & Administration Bureauattributed the extension to public requests for more time. Officials said it would ease congestion at registration centres and allow residents to complete the process more conveniently. The renewal exercise began in early July, following...


Radar

Government Procurement Goes Digital with 597b Br Turnover

More than 597 billion Br in government purchases passed through Ethiopia's electronic procurement platform during the 2025-2026 fiscal year, widening the use of digital systems in public finance. The platform was used by 172 federal institutions and 196 affiliated entities during the year. More than 135,000 suppliers were registered to provide goods and services through the system, which is intended to improve transparency, accountability and efficiency in public procurement. The governmen...