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Gemshu Secures 1.2b Br Road Project

Jun 8 , 2019

Ethiopian Roads Authority launched the construction of a road between Shukute to Chlute in West Shoa Zone of Oromia Regional State. The road will be constructed by Gemshu Beyene Construction Plc. The 63Km long road will consume over 1.2 billion Br and will connect three woredas - Jeldu, Abuna Ginde Beret and Ginde Beret, according to Habtamu Tegegn, director general of Ethiopian Roads Authority. The construction project is expected to take three years to complete, meanwhile, the Ginchie-Shukute road project is being built at a cost of 898 million Br and is making good progress. “The new asphalt road construction will stimulate the region’s economy by making it easy to transport agricultural products,” said Shimelis Abdissa, deputy president of the Oromia Regional State.

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ARCANE MARKERS

Hamere Berhan' at the old post office prints books using ancient paper made from animal skin called 'Birana'.  It is part of the Ethiopian Orthodox Tewahdo Church which has had scribes for close to two millennia. The shortage of paper is evident with close to 10 companies operating in the paper conversion industry and a single paper mill in the country. Local players have seen their market share drop over the years and are looking to regain it. ...

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GREEN SHIFT

A palm tree is moved to a new location for replanting around Meskel square. The global effort to battle man-made climate change has gained steam over the last few years. African countries have shifted gears in trying to unlock climate financing from the global north. With debt-to-GDP ratios averaging around 62pc continent-wide, many countries are utilizing the climate narrative to get debt structuring. This was one of the appeals of the Prime Minister of Ethiopia when he addressed the AU summit...

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STRUCTURAL MAKEOVER

The area around Ambassador, famous for its souvenir shops, is getting demolished for real estate development. The Addis Abeba City Administration has ramped up efforts to remodel the city's architecture over the last few months. The capital was established by Emperor Menelik 137 years ago. He also introduced the first telephone, car, hotel, and hospital to the country. A construction project headed by the mega projects office to commemorate his victory over the Italians at Adwa is 70pc complete...

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