BUSINESS & ECONOMY INDICATORS TRENDS FORTUNE+ VIDEO TENDERS JOBS

CBE Pledges 500m Birr for Sheger Project



first-segment-park-projectThe state owned Commercial Bank of Ethiopia (CBE) has committed half a billion Birr to finance 'Sheger Beautifying Project', a three-year initiative that aspires to make the capital "greener and cleaner".

The project aims to revitalise the 56Km river and its banks that crosses Addis Abeba from Entoto to Aba Samuel River in Aqaqi Qality District with an estimated investment of 29 billion Br.


Last week, ethio telecom and its employees pledged 180 million Br for the project. Prime Minister Abiy Ahmed (PhD) will also host a fundraising dinner at his office on May 19 to finance the project.

Share This Post
Linkedin
Google+


Most read

Latest News

Editor's pick

Commentaries

WTO, Less of a Priority for Ethiopia

The Ethiopian government has announced that it is restarting the negotiation process...

Why Investors Should Go Beyond African GDP

Gross domestic product has been the ultimate measure of an economy’s welfare for ov...

Fineline

The war of words between TPLF and ADP

The war of words between the two founding members of the ruling EPRDF - the TPLF and...

What defines the ruling coalition, the EPRDF, is ...

What defines the ruling coalition, the EPRDF, is its political culture more so than i...

Editorial

Welcome to Trickle-Down Economics, is Ethiopia Ready?

Prime Minster Abiy Ahmed (PhD), while defending a budget bill tabled by his administr...

Missing Voices of Elders Against Radical Pluralism

July 6 , 2019

The events of June 22, 2019, have wholly altered the country’s mood. The high expec...

Political Violence Is Back, and It's Depressing

June 29 , 2019

There are few moments in the long history of a particular society when incidents serv...

Lead Not Unto Temptation, But Deliver the Public from Taxation

June 22 , 2019

Last week, a series of pronouncements about taxation was made by officialdom. It show...

Gallery

PM Abiy Ahmed (PhD) at a Gala Dinner Called for the Awarding of the Félix Houphouët-Boigny Peace Prize

May 6 , 2019

Prime Minister Abiy Ahmed (PhD) took selfies, shook hands with admirers and had his hands kissed by an adoring fan on his way out of the Sheraton Addis Hotel, after addressing the international media corps at a gala dinner called for the awarding of...

Faces, Voices of Addis Abeba

April 26 , 2019

Mourning Nation, Grieving World

March 17 , 2019

THE FINISH LINE

March 16 , 2019

Pizza Hut Triples Branches

February 2 , 2019

IN PICTURE: Betty G.

January 10 , 2019

Sunday With Eden

National Values To Bind Divided Nation

If there is one thing that is a must when it comes to what drives us as a nation, it...

In Search of Ethiopian Heroes

Ever notice that as Ethiopians, we don’t have too many heroes who can be role models? We lack so many people who have done something worth...

Life Matters

The Inevitibility of Change

The only thing that is consistent in this world is change. This statement is hard to swallow for a lot of people, including me. Change can b...

Tread Softly

On a car ride with a friend, a conversation on the radio caught our attention. The radio hosts were talking about individuals who have lost...

In-Picture

PLASTIC LIGHT

June 8 , 2019

Girl Power

May 25 , 2019

VENDING

April 26 , 2019

PARKED

April 6 , 2019

CAR HAULER TRAFFIC JAM

March 23 , 2019

BULLDOZED! Buffet De La Gare. Alas, it is no more!

June 15 , 2019

It used to be the hangout for the ultra-hip of Addis. The place to see and be seen. Afework Tekele described it as “a small international café with all the trimmings that you find in such similar places, be it in Hong Kong, Paris or New York…You...

Drop us a message

Or see contact page