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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 […]

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 […]

Ethiopia: New List of Shops up for the coming Auction

Ethiopia: New List of Shops up for the coming Auction

The Addis Ababa City Housing Agency has earmarked 1,050 shops located across the city for auction. This auction will be on its 15th round in Addis Ababa. The shops to be auctioned are located in low-cost condominium housing schemes spread across four sub cities including Yeka, Akaki Kality, Bole and Kolfe Keranio areas. In Bole, […]