FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




City Prepares First Electric Bus Rapid Transit Corridor

Oct 18 , 2025


[ssba-buttons]

The Addis Abeba Transport Bureau, working with the City Roads Authority, will launch the construction of the capital’s first electric Bus Rapid Transit (BRT) corridor this year—a landmark step toward sustainable urban mobility, said Mohammed Hussen, Team Leader for BRT Development, Study, and Technical Support at the Transport Bureau. The 15.3 km, third-generation electric BRT line, financed with 85 million euros by the French Development Agency (FDA), will link Menelik II Square, Mercato, Teklehaymanot, Mexico, Qera, Gofa Gebriel, German Square, and Jemo. Project Management and Construction Supervision (PMCSC) will be handled by SYSTRA in partnership with Core Consulting Engineers. The operation consultancy team includes SYSTRA, Espelia, and Far East Mobility. Corridor and station construction is contracted to China Communications Construction Company (CCCC), while electric bus depots will be built by China Civil Engineering Construction Corporation (CCECC). The corridor is designed to support modern electric buses with a capacity of 6,000 passengers per hour per direction (PPHPD), marking a major milestone in the city’s shift toward clean, efficient, and inclusive public transport. Operations are scheduled to begin in 2027.


Radar

Federal Prosecutors Accuse Public Officials, Contractors of Corruption, Alleged Illicit Fund Transfers

Federal prosecutors have filed corruption and money laundering charges against 11 defendants, including Nigstu Bogale, Coordinator of the Development Project for Response to the Impact of Refugees in the Horn of Africa at the Ministry of Agriculture, Biniyam Fantaye and Taye Habte, senior irrigation engineers involved in the Development Response to Displacement Impacts Project (DRDIP-II), as well as private individuals and construction company representatives. The case alleges losses and illicit...


Radar

EIH Transitions to New Headquarters as It Oversees Major State-Owned Enterprises

Ethiopian Investment Holdings (EIH) is relocating its headquarters from its current site on General Wingate Street. The former headquarters was located behind the Ministry of Industry and near Abrehot Library. The new office is expected to be on Mozambique Street, along the route from Mexico Square to Bulgaria Road. The building belongs to one of EIH's subsidiaries, and all departments are set to move there as interior design and finishing works continue. Under the leadership of Brook Taye...


Radar

Import Substitution Push Lifts Domestic Manufacturing, Industrial Recovery

A push for import substitution and industrial expansion has prioritised 96 strategic products for local manufacturing. The “Ethiopia Tamirt” initiative reports 4.85 billion dollars in savings, supported by trade fairs linking local producers to domestic and international markets. On average, 700 new projects enter the market annually, contributing to more than 2,800 investments over four years. At the grassroots level, 18,000 SMEs have been established, while 993 dormant factories have...