City administration adopts new Urban Development Plan, plans to implement previously made plans.
Ethiopia’s First International Fashion Week was successfully hosted in Addis Abeba last week to unite big industry players from across Africa in a bid to bring about sustainable development through fashion, writes MIREILLE DE VILLIERS, SPECIAL TO FORTUNE.
The followers of the Ethiopian Orthodox Church lit a big bone fire (Demera) in commemoration of the Finding of the True Cross by Empress Eleni yesterday at the Meskel Square in Addis Ababa.
The construction of the Addis Ababa-Adama Expressway would open a new chapter in the history of the country.
Bethlehem Tilahun Alemu becomes the first African entrepreneur to be invited in this yearly event. She will join with other top attendees like US First Lady Michelle Obama, US Secretary of State Hilary Clinton, Sinn Féin President Gerry Adams, former Heads of State, CEOs, philanthropists, leaders of NGOs, academicians and prominent members of the media.
The Addis Ababa City Administration’s, Yeka Sub City, has demolished 57 residential houses that are “illegally” constructed after and during the 2005 national election. The tenants who left their houses last Monday told Capital that some of the tenants have started to live in temporary plastic houses around the demolished area.
Prince Aklile Berhan Mekonnen entered a deal with PPEPSA to renovate one of the oldest hotels in Ethiopia with an investment of 512 million dollar to upgrade it to a five star hotel. The investor will own 80 percent of the shares, while the rest will be government-owned.
In a high valley, with striated mountains stretching upward around it, Lalibela is Ethiopia’s main attraction. As the legend goes, King Lalibela’s mother discovered her infant son covered by a swarm of bees that wouldn’t sting. She took it as a sign he would one day rule and gave him the name Lalibela, meaning “the bees recognize his sovereignty.”
Lalibela may be Ethiopia’s most dramatic attraction, but it’s not its only one. Stephan Faris explores Aksum, the country’s ancient capital.
The Federal High Court heard seven defence witnesses in the Askallukan Trading Plc criminal suit, involving Menna Terefe, the first defendant and general manager of the company, and three others, before adjourning the case for verdict pronouncing to October 19, 2010.