The transformation of Kasanchis, lays a solid foundation for smart city development and embodies our vision for green, clean, and modern urban centers.
Undertakings of this scale require substantial effort, and while they may bring temporary inconveniences, these sacrifices are necessary to pursue the greater good. Such progress must continue, for it carries with it renewed hope—especially for the future of our children.
- Prime Minister Abiy Ahmed (PhD) said following the inauguration of Kasanchis segment of Addis Ababa City Corridor development Project this week
Ethiopia is constructing six airports to boost connectivity: Minister
Ethiopia is building six new airports to enhance domestic and regional connectivity. These airport projects support Ethiopia’s vision to bolster aviation infrastructure, drive economic growth, and promote regional integration while prioritizing safety, sustainability, and workforce development to shape African aviation’s future, the minister remarked.
The project includes transforming Addis Ababa Bole International Airport into a global transit hub and collaborating with private investors to develop smaller airports, ensuring air travel access for remote communities.
Ethiopia now leads the ICAO’s “Safe Skies, Sustainable Future” agenda, promoting AI-driven air traffic management and advanced safety technologies. Ethiopian Airlines, Africa’s largest carrier, connects over 150 global destinations, reinforcing Ethiopia’s role in bridging continents.
- Alemu Sime (PhD), Transport and Logistics Minister
First-phase of Kasanchis segment of corridor development completed in 5 months: Mayor
The first phase of the Kasanchis segment of the Addis Ababa corridor development project was completed within just five months. The successful completion of this project is the outcome of a strong collaboration between the government and the private sector.
The first phase of Kasanchis segment of the corridor development project proved the power of collective action to realize great achievements. The project is timely completed with the highest quality, as well as allocated budget.
Kasanchis area was a dilapidated area that was not comfortable for the residents, but the revitalization effort enabled the area to undergo a remarkable transformation. This project marked a significant milestone in modernizing the urban landscape into a smart city.
- Adanech Abiebie, Mayor, Addis Ababa City Administration
Telecom sector contributes 8% to Ethiopia’s economy in 2023: Ethio Telecom CEO
Ethio Telecom is driving the nation’s digital innovation as well as the economic development of the country. In 2023, the telecom sector contributed 8% to Ethiopia’s economy. This is the outcome of the ongoing reform and innovations in the sector.
The achievement of transformative initiatives includes expanded internet access rooted in inclusivity, the rollout of high-quality 4G and 5G networks enhancing global connectivity, and innovations like Tele Birr, Cloud, and Mobile Money.
Our reformed platform fosters creativity among the younger generation. Ethio Telecom is advancing Ethiopia’s digitalization goals, supporting Smart City development, Smart Agriculture, and other tech-driven initiatives. By strengthening digital infrastructure, Ethio Telecom is laying the foundation for a connected, innovative future.
- 47,377 investors buy from Ethio Telecom’s 10% stake: CEO
Ethio Telecom has held its 10% stake for the past 121 days following the decision to sell its 10% stake to the shareholders. Accordingly, 47,377 investors have participated in buying the shares, and more than 10.7 million shares have already been sold.
From the 10.7 million shares sold, Ethio Telecom has already acquired over 3.2 billion birr.
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Quelle/Source: Ethiopian Press, 26.04.2025
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