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CBE Blesses Sheger Project with 500m Br

May 11 , 2019


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The state giant, Commercial Bank of Ethiopia, has pledged half a billion Birr for a project that intends to beautify Addis Abeba. The board of directors of the bank approved a contribution to the project, which is expected to cost 29 billion Br in total. Advocated by Prime Minister Abiy Ahmed (PhD), the project aims at cleaning the rivers from Entoto to Aqaqi Wastewater Treatment Plant, a span of 56Km. The project also plans to develop the riverside and river banks and make it a central recreation spot throughout the city. The other state-owned giant, Ethio telecom, and its employees have pledged 180 million Br for the project.


Radar

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...


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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...