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At Goro-Bole, Deputy Mayor Launches Expensive Projects

Apr 3 , 2021

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The Addis Abeba City Roads Authority launched the construction of a 4.9Km road that will connect Bole International Airport to the Goro neighbourhood in the southeastern section of the city. The city's Deputy Mayor, Adanech Abebie, launched the project that is forecasted to cost 1.6 billion Br. It has been contracted out to Aser Construction Plc, while Unicon Consulting, a Pakistani firm, will carry out the supervision work. At 320 million Br a kilometre, this road will be one of the most expensive roads built in the city, after the massive uplift of Africa Avenue (Bole Road). The road will include pedestrian walkways and a bicycle lane and is hoped to play a role in alleviating the heavy traffic that constricts the Gerji-Goro road. The project is expected to be completed in two years.

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Ethiopia Unveils Consortium to Insure Millions of Farmers

Ethiopia has launched its Agricultural Insurance Consortium (AICE), pledging to protect three million farmers by 2026. Announced on July 3, 2025, at the Hyatt Regency, the initiative is backed by Pula Advisors and five major Ethiopian insurers. AICE plans to promote climate resilience through insurance bundled with the government's input voucher system. Leveraging AI platforms like Mavuno and PIE, it plans to standardise products, lower costs, and expand coverage to over 200 woredas. With agricu...

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New Coopbank Partnership Targets Youth Economic Empowerment

The Cooperative Bank of Oromia (Coopbank) has signed a strategic agreement with Melka Ethiopia to provide loan services to over 120,000 young men and women nationwide. The partnership plans to promote youth economic empowerment by expanding access to finance and creating jobs, with a strong focus on rural and underserved areas. Both institutions held joint discussions to explore ways to improve youth livelihoods and financial inclusion. By closing access gaps, the partnership is expected to help...

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Ethiopian Netpreneur Program Training Kicks Off

The Ethiopian Netpreneur 2025 Training Program has officially launched its first cohort in Addis Abeba with 64 entrepreneurs beginning their first round of training. Organised by the Global Digital Talent Academy, the initiative plans to empower local business owners, startup founders, and digital sector players with global-level e-commerce skills. At the launch event, Innovation and Technology Minister Belete Mola (PhD) urged participants to leverage the opportunity to build networks and shape...

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