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




City Prepares First Electric Bus Rapid Transit Corridor

Oct 18 , 2025


[ssba-buttons]

The Addis Abeba Transport Bureau, working with the City Roads Authority, will launch the construction of the capital’s first electric Bus Rapid Transit (BRT) corridor this year—a landmark step toward sustainable urban mobility, said Mohammed Hussen, Team Leader for BRT Development, Study, and Technical Support at the Transport Bureau. The 15.3 km, third-generation electric BRT line, financed with 85 million euros by the French Development Agency (FDA), will link Menelik II Square, Mercato, Teklehaymanot, Mexico, Qera, Gofa Gebriel, German Square, and Jemo. Project Management and Construction Supervision (PMCSC) will be handled by SYSTRA in partnership with Core Consulting Engineers. The operation consultancy team includes SYSTRA, Espelia, and Far East Mobility. Corridor and station construction is contracted to China Communications Construction Company (CCCC), while electric bus depots will be built by China Civil Engineering Construction Corporation (CCECC). The corridor is designed to support modern electric buses with a capacity of 6,000 passengers per hour per direction (PPHPD), marking a major milestone in the city’s shift toward clean, efficient, and inclusive public transport. Operations are scheduled to begin in 2027.


Radar

Liquidity Relief, Reform Pressure Meet as World Bank Prepares Major Budget Support

The World Bank is set to approve a 1.45 billion dollar budget support package for the Ethiopian government on June 25, 2026. The announcement came alongside a high-level consultation at the Ethiopian Skylight Hotel, where leaders from the Ethiopian Chambers of Commerce and Sectoral Associations (ECCSA) met with private sector representatives and the National Council. The package follows an earlier 17 billion dollar credit and summer service support allocation. The institution has anchored key...


Radar

Cabinet Approves 502b Birr Budget as City Returns to Federal Subsidy

The Addis Abeba City Cabinet has approved a 502 billion Br budget for the 2026/27 fiscal year, a fiscal plan that marks a return to federal subsidies despite previous claims of municipal self-sufficiency. The budget, now awaiting final ratification by the City Council, incorporates a federal subsidy of more than 74 million Br. This policy reversal follows the 2025/26 mid-year salary revisions for civil servants, implemented to buffer the inflationary impact of the floating Birr on the cost of...


Radar

Global Analytics Meets Local Insight as WAAS Partners With Kantar in Ethiopia Expansion

WAAS International Plc has partnered with global analytics firm Kantar on June 12, 2026, to introduce predictive analytics and consumer tracking tools into the country's corporate market. The collaboration blends Kantar's global methodologies with WAAS's 35-year local data archive to support business leaders operating in a liberalising economy. WAAS Managing Director Efera Busa said the partnership connects global expertise with local context, delivering standardised metrics without losing cu...