The Addis Ababa Housing Construction Project (AAHCP) has completed the construction of more than twenty thousand condominium housing units in different parts of the City.The city administration has already transfered keys to beneficiaries of the project.

The Addis Ababa city administration had previously transferred housing units to tens of thousands of individuals through the lottery method, beginning from 2007. The city administration is planning to build and transfer 170,000 housing units in the coming three years.

It is estimated that the increase in housing demand in Addis Ababa stands at around 60,000 units per annum. This figure is believed to rise as a result of population increase and an ever increasing internal migration.

With an average population growth rate of 2.7 percent, the city needs 600,000 additional housing units in the coming decade, according to the Addis Ababa City Housing Development Office.

Ethiopia is one of the least developed countries in Sub-Saharan Africa. Its urban population stands around 11 million. This represents only 16 percent of the total population of the country estimated to be over 86 million currently.

City Handover Housing