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Real Estate Shows Massive Growth in Ethiopia

Real Estate Shows Massive Growth in Ethiopia

Business dynamics have changed a lot over the period. Nowadays, investors eagerly focus on Real Estate Business opportunities. The investment made at the right time and the right place proves a win-win situation for the investors. Making an investment decision requires complete research to secure the investment, and one needs to consider many areas. A […]

Banks Suspend Lending Money in Ethiopia

Banks Suspend Lending Money in Ethiopia

Land and buildingloans are not easy anymore. This is because the Commercial Banks and the National Bank of Ethiopia have suspended all the loans contingent on land and property. The State Minister said in an interview on FM Radio that for illegal purposes, money was being used. There are solid indications that the black market […]

East African Holding to Implement 800 Housing Units in Addis Ababa

East African Holding to Implement 800 Housing Units in Addis Ababa

The Board Chairman of East African Holding, Buzuayehu Tadele Bizenu, indicated in his Ethiopian New Year message on Monday evening, which was telecast on the state broadcaster ETV that the industrial conglomerate had gotten involved in real estate development via launching the construction of about 800 houses in Addis Ababa, the country’s capital. East African […]

Addis Ababa Luxury Apartments by Eagle Hills All Set To Be On Sale

Addis Ababa Luxury Apartments by Eagle Hills All Set To Be On Sale

Eagle Hills, a renowned Abu Dhabi-based private real estate investment company and developer of new city hubs and several other projects in the high-growth international market, prepared to initiate their luxury apartment project at the prime location Addis Ababa, capital of Ethiopia. In November, it was declared when the company decided to launch the plan […]

African urban growth is expected to be massive

African urban growth is expected to be massive

Real estate sector in Africa has been experimenting an impressive growth. On average, 10,000 accommodations miss each year in most of these countries, and despite some governmental endeavors, the shortfall is still important. According to several studies, African population is going to increase over threefold during the next 40 years. This demographic growth will inevitably […]

Ethiopia: Radical Redesign in Housing needed as Addis Ababa runs out Space

Ethiopia: Radical Redesign in Housing needed as Addis Ababa runs out Space

Ethiopia is among the leading countries in Africa with massive construction of housing schemes. These schemes are concentrated in Addis Ababa, with the government trying to cater for the ever-growing urban population. The ability for the Ethiopian government to solve the relenting urban housing demand is uncertain with the forecasted doubling of the current population […]

Ethiopia: Construction of more 8,428 Condo Houses-Enterprise

Ethiopia: Construction of more 8,428 Condo Houses-Enterprise

Additional 8,428 homes will be constructed in Bole District, Addis Ababa under the middle-income housing scheme. The houses will be built on a 38ha land acquired by the Addis Ababa Savings & Houses Development Enterprise (AASHDE) from the City Administration. The project will feature 54 buildings in which the new homes will be enclosed in […]