FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers New TRADE AFRICA New

Fortune Logo


The week in picture December 17, 2018 - December 22, 2018

Firehiwot Worku, secretary general of the Ethiopian Red Cross Society, Abera Tola, board director of the Society and President Sahlework Zewde and an unidentified blood donor are photographed on December 10, 2018, during an event held to celebrate the International Volunteer Day at International Hotel.

The week in picture December 17, 2018 - December 22, 2018

Visitors to the annual Addis Foto Fest, held for the fifth time at the Sheraton Addis, are admiring the exhibition. The four-day event that started on December 6, 2018, attracted over 800 applicants from over 120 countries.

The week in picture December 17, 2018 - December 22, 2018

A common occurrence in the city. This crowded street running from Qera Gebriel to Mebrat Hail has been dug up between the pedestrian walkway and the asphalt road causing pedestrian and vehicular inconveniences.

The week in picture December 17, 2018 - December 22, 2018

Addis Foto Fest, A common occurrence in Addis Abeba, and International Volunteer Day at International Hotel.

[ssba-buttons]
Radar

Construction Sector Faces 'Serious Trouble,' Minister Warns

The construction industry in Ethiopia is in "serious trouble," said Chaltu Sani, Minister of Urban & Infrastructure Development, citing major challenges with finance, competitiveness and material costs. Speaking at the opening of the BIG 5 Construct Ethiopia expo and the inaugural East African Infrastructure & Water Expo at Millennium Hall last week, Chaltu stressed the need for concerted efforts from government, private sector, and international partners to support the 67 billion dol...

Read more >>

Radar

Wegagen Bank, Gift Real Estate Partner to Promote Diaspora Homeownership

Wegagen Bank S.C. and Gift Real Estate Plc. signed a Memorandum of Understanding (MoU) on June 23, to offer housing loans for homebuyers, with a special focus on the Ethiopian diaspora. The agreement enables eligible diaspora members to access loans covering up to 80pc of a home's value at reasonable interest rates. The bank's Deputy CEO Kidane Gebreselassie noted the deal will promote the real estate sector and expand homeownership options. Founder and CEO of Gift Real Estate, Gebreyesus Igata...

Read more >>

Radar

Jimma University Signs Sports Science Agreement to Strengthen National Programmes

Jimma University has signed a four-party Memorandum of Understanding (MoU) with the Ethiopian Academy of Sciences, Derartu Tulu Sports Training & Research Institute, and the Oromia Youth & Sport Bureau to advance Ethiopia's sports science and training capacity. Signed on June 26, the agreement includes joint research, shared facilities, and hosting of national and international competitions. It is expected to strengthen youth development, public health, and national pride through coor...

Read more >>