Ethiopia: Addis Ababa City Administration Reports Strong Revenue Growth

Addis Ababa City Administration has reported a significant upsurge in revenue for the current year, surpassing the previous year's figures by Birr 21.9 billion.

Addis Ababa City Administration has reported a significant upsurge in revenue for the current year, surpassing the previous year's figures by Birr 21.9 billion.
Addis Ababa City Administration announced that it was working to complete the underground parking lot which it was constructing on 7,247 square meters of land in Yeka Sub City around Shola market. The Administration stated that the project was one of its mega projects which were being undertaken in Addis Ababa.
Ebiz Online Solutions PLC, the owner and publisher of 2merkato.com, signed a Memorandum of Understanding with Addis Ababa City Construction Bureau yesterday, 29 August 2018, at Addis Ababa City Construction Bureau HQ. The MoU states that Ebiz agrees to gather construction inputs prices, compile the data, ensure the quality of the data and handover the data to the bureau. Ebiz will also make the data accessible online so that players in the industry can access and use it. Helawi Sewnet (Architect), the Bureau's Deputy Head, and Fisha Assefa, Ebiz's General Manager, signed the MoU.

The Addis Ababa City Council, in its 4th regular session now on its second day, has approved the city’s 2025/26 fiscal year budget totaling Birr 350.13 billion, a 45 percent increase, or Birr 108 billion more than last year.
The Addis Ababa City Hall has been renovated after 57 years at a cost of 2.2 billion birr, while maintaining its original design and looks.