The 7th Annual ET Real Estate & Home Expo officially opened its doors at the Sheraton Hotel in Addis Ababa on December 27, 2024, and will run until today Sunday December 29, 2024. This year’s expo aims to enhance the role of the private housing sector in Ethiopia’s economy by connecting real estate developers with buyers, sellers, and the broader business community.

During the opening discussions, industry leaders highlighted several challenges that have hindered the growth of the real estate sector, including limited financing options and the absence of a long-term loan servicing law. The expo emphasizes the importance of public-private partnerships in advancing housing and urban development across Ethiopia.

“This year’s expo is a milestone event for Ethiopia’s real estate sector,” stated Addis Alemayehou, founder of 251 Communications and Marketing. “We are committed to supporting the sector’s growth by creating an interactive platform that fosters sustainable development, innovation, and investment.”

The three-day event brings together key stakeholders from the Ethiopian real estate and construction industries, including top developers, investors, financial institutions, home builders, and interior designers. The expo serves as a valuable resource for networking and collaboration among industry leaders.

Ethiopia has recognized the crucial role of the private sector in driving economic growth and improving public services, particularly in infrastructure development. In light of this, the government enacted decree number 1076/2018 to promote collaboration between public entities and private enterprises.

The ET Real Estate & Home Expo aims to showcase the latest developments, innovations, and investment opportunities within the real estate sector. Attendees can expect to learn about emerging trends and solutions that can help address current challenges while promoting sustainable growth.