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

Creditors Open Way for Ethiopia's Eurobond Restructuring

Ethiopia has cleared a key hurdle in restructuring its one billion dollar Eurobond after the Official Creditor Committee (OCC) approved the latest agreement with private bondholders. The OCC said the deal meets its “comparability of treatment” principle, allowing the government to proceed with restructuring the bond, which matured in 2024. The approval follows renewed negotiations after official creditors rejected an earlier agreement reached in January. Under the new agreement, reache...


Radar

University Cutoff Leaves Most Exam Takers Behind

Only 70,544 students, or 12.8pc of those who sat the Ethiopian Secondary School Leaving Certificate Examination (ESSLCE), scored above the 50pc threshold required for university admission. Education Minister Berhanu Nega (Prof.) disclosed the results during a press briefing last Saturday. Nearly 32pc of the successful candidates were from Addis Abeba, giving the city the highest share. Oromia Regional State followed, while Amhara Regional State accounted for the remaining share. The res...


Radar

Dairy Drive Turns to Farmers to Cut Import Reliance

A five-year dairy project targeting 350,000 farmers has increased average milk production per cow by 3.8 litres a day, supporting Ethiopia's effort to replace imported dairy products with domestic output. The Ministry of Agriculture leads the initiative in collaboration with SNV's BRIDGE Plus project. It combines cow-focused advisory services, technology, market links and farmer capacity-building to raise dairy productivity. The work has centred on helping farmers produce surplus milk for sal...