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Urban Sanitation Oversight Secured with 110M Br Government Contract


Urban Sanitation Oversight Secured with 110M Br Government Contract

The Ministry of Water & Energy has signed a contract valued at over 110 million Br to oversee urban sanitation initiatives under the Water Development Fund’s program. The agreement was awarded to a consortium comprising SWS and SRL Consultants in partnership with Metaferiya Consulting Firm. The consortium will be responsible for supervising, administering, and providing training for sanitation works in six cities: Ararti, Enjibara, Butajira, Hosanna, Burayu, and Fiche. The scope includes sludge treatment plants, decentralized wastewater systems, and public sanitation facilities. The contract was signed by State Minister Asfaw Dingamo (PhD) and Giancarlo Chigarini, Managing Director of Metaferiya Consulting. Asfaw emphasized the project’s importance in addressing urban sanitation challenges through enhanced transparency and coordination. Chigarini highlighted that this marks their first collaboration with the Ministry and assured that the consortium is committed to delivering the project on time and to the highest standards. Funded by the Government of Italy, the one-year initiative supports broader efforts to improve urban sanitation through global partnerships and structured implementation.

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Annual U.S.–Ethiopia Real Estate Expo to Debut in July

Harvest Circle Inc., a U.S.-based organisation, will launch the first annual U.S.-Ethiopia Real Estate & Construction Expo in July 2026. The event will bring together Ethiopian and U.S. real estate developers, construction firms, banks, insurers, property managers, and investors to explore partnership, financing, and investment opportunities. Organisers say the platform seeks to promote private sector-led urban development, facilitate diaspora investment, and expand market access for Ethiop...


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Addis Abeba Housing Bureau Warns Landlords against Illegal Rent Hikes, Threatens Legal Action

The Addis Abeba Housing Development and Administration Bureau has issued a warning to landlords attempting to impose unauthorised rent increases or carry out unlawful evictions as the residential leasing cycle nears its statutory June 30 deadline. The warning follows reports of landlords pressuring tenants to vacate properties under claims of personal use or sale, alongside demands for steep rent hikes, according to comments made to state media. Kidist W. Giorgis, Head of the Bureau, said...


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Development Bank Turns Corner as Profit Hits Eight Billion Br

The Development Bank of Ethiopia (DBE) posted a gross profit of eight billion Br in the first nine months of the fiscal year while repaying 15.6 billion Br in outstanding debt. Total income reached 17.3 billion Br, exceeding its target by 12pc. Presenting its performance to the House of Peoples' Representatives Standing Committee for Government Development Organizations, the bank highlighted progress from ongoing reforms, including reducing its non-performing loan ratio to 13.4pc, below the Nati...