Monday, September 14, 2026

Over 23 billion birr road projects launched

Ethiopian Road Authority (ERA) awarded eight contracts for road construction projects to four local and five foreign companies. The agreements are worth 13.3 billion birr and will include 749km of asphalt roads in the Benishangul-Gumuz, Oromia, Amhara, Somali and SNNP regions.
The projects which are part of the second GTP are explicitly financed by the Ethiopian government. The Authority is expected to sign seven additional agreements worth more than 10 billion birr in the coming weeks.
At the signing of the agreement, last week, Habtamu Tegegne Director General of ERA stressed the need for completing the projects on time.
“The projects are going to add value to the socio-economic lives of the residents,” said Tegene, “when we make quality roads on time taxpayers will be satisfied.”

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

Djibouti positions itself as Horn of Africa logistics gateway with new WFP base handover

The Government of Djibouti has officially assumed full management...

Dangote Refinery launches historic $1.6B IPO

The Nigerian Exchange (NGX) officially launched the initial public...

IOM warns Sudan humanitarian system faces collapse within weeks without new funding

The International Organization for Migration (IOM) has issued an...

Safaricom surpasses 15 million subscribers as it marks five years

Safaricom is marking five years since it received a...

Africa’s economic momentum is building as savings and cross-border trade activity accelerate

Rising savings, increasing cross-border payment activity and growing participation...

Experts urge sovereign AI models tailored to African realities

Researchers and leaders across Africa have been urged to...

Addis Ababa deploys digital monitoring Apps to track urban air quality

The Addis Ababa Transport Bureau has announced the deployment...
spot_img

Related Articles

Popular Categories

spot_imgspot_img