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21-Tower Scheme To Be Ethiopia’s ‘Biggest Real Estate Project’

AFRICANGLOBE - A Chinese developer says it will build a 21-tower development that will “change the face” of the Ethiopian capital, Addis Ababa. The news comes in a period of high growth for Africa’s second most populous country, whose government has just proposed a budget that is 20% higher than last year to fund development.

Addis Ababa Looks Like A Construction Site

AFRICANGLOBE - It is a scene common to most neighbourhoods in the Ethiopian capital, which has turned into a giant building zone and a city in transformation. “It looks like a construction site when we compare from the previous time,” said Berhanu Kassa, manager of B.B. Construction in the Ethiopian capital.

Ethiopia Arrest Saudi Arabians On Suspicion of Financing Terror

Ethiopian authorities on Sunday have arrested six Saudi Arabian nationals on suspicion of financing terrorist activities in the country. Saudi Arabian media claim that...

Somalia Headed Towards Peace: Ethiopian and Somali Troops Capture Al-Shabaab Headquarters

Ethiopian and Somali troops captured the central Somali town of Baidoa from al-Shabaab, the militant group linked to al-Qaeda, Ethiopian Foreign Ministry spokesman Dina...

Ethiopia Rising

About three hours south of the Ethiopian capital, Addis Ababa, lays a sprawling, 120-hectare field planted with hundreds of thousands of grape vines in...

New AU Headquarters Mark Strong China-Africa Ties

Towering above the Ethiopian capital, cloaked in urban smog, the new Chinese-built African Union headquarters in Addis Ababa is a bold symbol of China's rapidly changing role in Africa. Once seen as strictly interested in extracting raw resources and investing in infrastructure, China has interests on the continent that are increasingly shifting to investing in institutions and governments, experts say.