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




Enterprise Earns 200m Br

Apr 13 , 2019


[ssba-buttons]

The nation’s first toll road has generated 204.8 million Br in the first three quarters of the current fiscal year, achieving 86.5pc of its plan. The Ethiopian Toll Roads Enterprise reported that 6.3 million cars used the road and generated 191.5 million Br. Advertisement and towing services generated the remaining 13.3 million Br. Built for 11 billion Br, of which the government covered 43pc, the road extends from Addis Abeba to Adama. The 31m wide, six-lane toll road took five years to complete. It operates with 600 permanent and temporary employees and has seven toll plazas that collect fees.


Radar

Land Bureau Collects Billions in Revenue, Penalties From Developers

The Addis Abeba Land Development & Administration Bureau has collected 13.1 billion Br in revenue over the past ten months from lease payments and related charges. Berhane Kebede, team leader for Lease Income Collection and Monitoring, said efforts are also focused on ensuring developers comply with lease regulations, commence construction on time, and meet payment obligations. During citywide construction monitoring across all sub-cities, the Bureau collected 13.16 billion Br, includi...


Radar

Afar Drought Resilience Programme Receives German Finance

German's Economic Cooperation and Development ministry, through the Development Bank, has allocated 17 million euro to support a drought resilience project, with 15 million euro provided by the German government. The initiative is being implemented by Ethiopia's Ministry of Agriculture. The Drought Resilience Building Project aims to strengthen food security and climate resilience for pastoral communities in the Afar lowlands. It focuses on expanding water infrastructure, including irrigation...


Radar

Ministry of Education, Huawei Introduce Offline AI Support System

The Ministry of Education has partnered with Huawei to launch a pilot AI teacher assistant system integrated directly into the national curriculum. Designed to provide instructional support, the initiative leverages Huawei's ICT infrastructure to bridge the educational resource gap across the country. The launch was done in May 14,2026 at Sheraton Hotel which is found in Taitu St. on the launch event a representative from the ministry of education, Muluneh Atinaf(PhD), the e-SHE program coord...