Local Contractor Inches Closer to Stadium Renovation Deal

Jun 5 , 2021

A local contractor has given the least offer of 39.6 million Br for renovation work on the Yidnekachew Tessema Stadium (also known as the Addis Abeba Stadium). The bid, which has garnered the attention of 26 contractors, was first floated in February 2020 by the Federal Sports Commission. Friends Engineering Plc, Barecha Fita Contractor, and BGM Construction made it to the final phase, beating out five other contractors who failed to pass the financial evaluation. Friends Engineering submitted the lowest offer at 39.6 million Br, Barecha Fita offered 50.3 million Br, and BGM Construction named 54.9 million Br as its price. Though the bid was first floated on February 13, 2020, there were not enough competitors and it was floated again in April 2021, and then opened later that month. ''The winner will be decided in a week,'' said Lulseged Getachew, finance director at the Sports Commission. The stadium currently has a seating capacity of around 30,000 people and was first built in 1940


Mobile Apps Streamline Container Handling

A Chinese private logistics company availed its multilingual mobile applications designed to streamline container handling processes for local businesses. Dubbed arl-shipping.com, the apps are available in Amharic, Oromo, Somali, and Tigrigna, with a competitive monthly fee. Company managements aim to tackle inefficiencies by scanning truck license plates, container IDs, and other details, reducing manual data entry and the potential for errors. Users can also record gate movements with times...


Private Investment Takes Flight in Aviation Industry

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Safaricom Ramps Up Network Expansion with Locally Made Poles

Safaricom Ethiopia has initiated a three-month procurement process to acquire a total of 68 poles from Woda Metal, the first telecom pole manufacturer in the country. The initial batch of 13 poles was delivered last week, marking a milestone as the first use of domestically produced poles in Ethiopia's telecom sector. Wim Vanhellputte, CEO of Safaricom Ethiopia, praised the high quality and affordability of Woda Metal's poles, which will be crucial for their network expansion goals. The co...