Construction of $300m Health Centre Set to Begin

Apr 10 , 2021

The construction of a multi-facility healthcare centre near the Gerji area with the capacity of admitting up to 1,100 patients at a time is underway. Senior government officials, including Prime Minister Abiy Ahmed (PhD), launched the Roha Medical Campus during a ceremony last Saturday. Promoters of the project plan to raise 300 million dollars to see through its completion when construction is completed in five years. The centre will have five separate hospitals and provide advanced medical and surgical specialties, including organ transplant procedures. Roha Group Inc is a US-based investment firm with an extensive portfolio in Ethiopia. Roha also owns Ethio Lease, an equipment-leasing company, and Raxio Data Centre, which launched construction at the Addis Abeba ICT Park earlier this year.


Geda Special Economic Zone Receives Prospective Tenants

East African Holding and Ethio-Chicken have been shortlisted to invest in the Geda Special Economic Zone(GSEZ), located in the tri-state area shared by Mojo, Adama, and Shashemene cities within the Oromia Regional State. The two companies were selected from 120 investors who showed interest in acquiring space in one of the largest SEZs in Africa. Close to 404hct of land has already been developed in the expansive economic zone, out of a potential 24,000 hectares, with lease prices set between...


Standard Institute Revamps Fees, Board Restructuring

The Ethiopian Standards Institute (ESI) is set to introduce fees for standards sticker, establish a new governing board, and address collaboration with other regulatory bodies. The Institute plans to strengthen its financial standing by charging fees for standards and product certification services to support its operations and annual budget. A key change involves replacing the current Council of Standards with an 11-member Board of Directors. The Minister of Trade & Regional Integration...


Safaricom Ethiopia Rolls Out its Network to Tigray

With 125 self-built towers, Safaricom Ethiopia has launched its operations in the Tigray Regional State. Executives disclosed plans to invest in an additional 166 towers and expand their reach to the remaining towns. "This is the most exciting milestone in Tigray since the return of social services," said Getachew Reda, president of the Interim Regional State Administration. In July 2021, the consortium-backed telecom giant entered Ethiopia's market, historically dominated by state-owned E...