August 22, 2010 (ADDIS ABABA) – Ethiopian government said today that it will invest billions of dollars over the coming five years to enhance the road sector development program of the country.
Atekilt Terra, the biggest fruit and vegetable market in Addis Abeba, has two companies, Arada Vegetable Association and Bis Fruit & Vegetable Agro Industry SC, scrambling to be the first involved in its redevelopment.
The Privatisation and Public Enterprises Supervising Agency (PPESA) is auctioning Ethiopia Hotel again, from September, claiming that Bazeto Industry Trading Plc has failed to make the down payment on time.
On the morning of July 31, 2010, Haile Gebreselassie, attended the hand over ceremony of 120 deluxe villa houses by Sunshine Real Estate, sister company of Sunshine Construction, at Meriluke Residential Village.
The well-travelled Fasil Mengistu brings an international level of wining and dining not seen elsewhere in Addis Abeba. His signature culinary style is one of fusion, which incorporates Ethiopian cuisine with those of more than a half dozen other countries. His inspiration and philosophy are what really set him apart from other restaurants in the metropolis as well as many other cities the world over, writes HANS LARSON, SPECIAL TO FORTUNE.
A critical report on land use and transfer was released on June 14, 2010 by the special taskforce for the Addis Abeba City Administration. ZEKARIAS HADDUSH, FORTUNE STAFF WRITER spoke with Mekuria Haile, general manager of the Addis Abeba City Administration, and asked how the administration planned to solve the problems and challenges outlined in the report.
The private sector is to get access to the Prime Minister on a regular basis to address their concerns based on a memorandum of understanding (MoU) signed between the Ministry of Trade and Industry (MoTI) and the Ethiopian Chamber of Commerce and Sectoral Association (ECCSA) on Thursday, July 8, 2010.
There are many joints in Addis Abeba to experience jazz. Jupiter International Hotel next to the ECA is one such place. Its comfortable lounge provides the perfect setting to unwind from a stressful day at work, and Thursday night is the night to be there with the “Four Stars Band” providing the entertainment.