251 Communications and Marketing Private Limited, the leading event organizer in Ethiopia, has officially announced the launch of the 7th Annual Real Estate and Home Expo, taking place from December 27 to 29, 2024, at the Sheraton Addis Interluxury Collection Hotel.

This prestigious three-day event is set to bring together key stakeholders in Ethiopia’s real estate and construction industries, including top developers, investors, financial institutions, home builders, and interior designers. The Expo aims to showcase the latest developments, innovations, and investment opportunities in the real estate sector while fostering networking and collaboration among industry leaders.

The announcement was made today during a press conference held at the Tulip Inn Hotel, where the organizers discussed the Expo’s objectives and outlined key highlights for this year’s event. The conference emphasized the importance of public-private partnerships in advancing Ethiopia’s housing and urban development.

Ries Engineering Share Company (RESCO) held a Komatsu Open House event at the Addis Ababa Golf Club on November 21, 2024. The event was graced by esteemed guests, including Engineer Habtamu Tegegn, the Minister of Mines, and Eric Perben, General Manager of Komatsu Africa Division.

The gathering drew a diverse crowd of state ministers, government officials, construction and mining company representatives, valued customers, and media personnel, showcasing RESCO’s significant role in Ethiopia’s industrial landscape.

Founded in 1961, RESCO has grown from a modest team of 40 employees to a robust workforce of 507 skilled professionals, establishing itself as a leader in providing world-class machinery across various sectors, including mining, construction, power, agriculture, and automotive.

At the event, RESCO highlighted its key partnerships with industry giants, including Komatsu, Cummins, Massey Ferguson, and Ford, emphasizing their contributions to national development. The company has played a pivotal role in major projects such as the Grand Ethiopian Renaissance Dam (GERD), supplying essential construction machinery and technical support.

In observance of Global Entrepreneurship Week 2024, the U.S. Embassy successfully conducted a series of events fostering insightful and engaging discussions among women entrepreneurs, university graduates, U.S. alumni, startups, and others involved in Ethiopian business and entrepreneurship to share practical solutions to sustain businesses amid ongoing currency fluctuations. 

Held under the theme “Entrepreneurship is for Everyone” the series of events facilitated discussions on the challenges and opportunities arising from currency fluctuations, in partnership with panelists from the American Chamber of Commerce (AMCHAM)-Ethiopia, Ethiopian Economic Association (EEA), USAID- Ethiopia, Bank of Oromia, Addis Ababa University and Samra Leather, who shared their insights and strategies for navigating economic challenges.  In her remarks, Counselor for Public Diplomacy Naomi Fellows said: “We are excited to celebrate GEW 2024 with such a diverse group of entrepreneurs and leaders. This dialogue is key to understanding the challenges Ethiopian businesses face and finding actionable strategies to ensure their success.”

Africa is experiencing numerous successes, yet these achievements go unnoticed as the positive stories of the continent’s progress are not being told. This lack of a positive narrative perpetuates negative stereotypes.

“This continent has suffered from being viewed through a negative lens,” said Ahunna Eziakonwa, Director of the Regional Bureau for Africa at the United Nations Development Programme (UNDP). She was speaking during a fireside chat on Global Geopolitical Complexities and Africa’s Development Pathway, moderated by Gogontlejang Phaladi-Morokotso, Founder and Executive Director of the Pillar of Hope Project.

“There is always this sense that Africa is this place where donors have to dump their charitable acts. Because we are going to Africa with aid we have people there with no strength and brains,”  Eziakonwa said during the 2024 African Economic Conference in Gaborone, Botswana.

“This is one of the burdens of the continent. It is very important to change that narrative. It will have to come from Africans to tell their story of the dynamism of the continent and its diversity”.