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Ethiopia to Launch Its Third Earth Observation Satellite in 2026 with Chinese Collaboration

By Addis Insight

March 11, 2025

Ethiopia to Launch Its Third Earth Observation Satellite in 2026 with Chinese Collaboration

Ethiopia to Launch Its Third Earth Observation Satellite in 2026 with Chinese Collaboration Ethiopia is making significant strides in space technology with plans to launch its third Earth observation satellite (EOS) in 2026. This project is spearheaded by the Ethiopian Space Science and Geospatial Institute (ESSGI), in partnership with China. The new satellite is expected to provide higher resolution images and enhanced monitoring capabilities compared to its predecessors. According to Mr. Tesfaye Fufa, the Executive Director of Satellite Monitoring at ESSGI, preparations for the launch are already underway. However, he did not disclose the financial details of the collaboration between Ethiopia and China. Ethiopia’s Progress in Space Technology Ethiopia’s space program is relatively young, but it has made notable advancements in a short time: First Satellite (ETRSS-1, 2019): Launched in December 2019 with assistance from China, the Ethiopian Remote Sensing Satellite-1 (ETRSS-1) was designed for agricultural monitoring, environmental management, and climate observation. Second Satellite (ET-SMART-RSS, 2020): The ET-SMART-RSS was launched in December 2020 and had enhanced capabilities for remote sensing and scientific research. Third Satellite (Planned for 2026): The upcoming satellite will feature improved imaging technology, allowing for more precise data collection and disaster prediction. With the launch of the third Earth observation satellite, Ethiopia aims to strengthen its capabilities in: Natural disaster prediction (floods, droughts, deforestation) Climate change monitoring Urban planning and infrastructure development Agricultural resource management Water resource tracking How Ethiopia Compares to Other African Countries in Space Technology Ethiopia is among the few African nations actively developing space programs, but other countries are ahead in terms of the number and types of satellites launched. Here’s how Ethiopia compares to some of the leading space programs in Africa: The Role of Space Technology in Africa’s Development Many African countries are recognizing the strategic value of space technology for national development. Satellites play a crucial role in addressing challenges such as climate change, food security, and natural disaster management. Countries like Egypt, South Africa, and Nigeria have more developed space programs and have launched satellites for communications, military surveillance, and scientific research. While Ethiopia is still in the early stages, its space ambitions are growing, especially with strong support from China. China has been a key partner for many African countries in space projects, funding and supporting satellite development to enhance scientific research and technological advancements. What’s Next for Ethiopia? With the launch of its third satellite in 2026, Ethiopia is positioning itself as a leader in Earth observation technology in East Africa. If Ethiopia continues on this trajectory, it could become a regional hub for satellite-based research, climate monitoring, and data analysis, benefiting sectors such as agriculture, water management, and infrastructure development. Ethiopia’s upcoming satellite launch is a significant step in the country’s space exploration journey. While countries like Egypt, South Africa, and Nigeria have more advanced space programs, Ethiopia’s continued investment in satellite technology demonstrates its commitment to leveraging space science for national development. With support from China and other global partners, Ethiopia’s space program is expected to grow further, offering long-term benefits in scientific research, environmental protection, and technological innovation.

Gebeta Maps Launches Independent Map Tiles, Aiming to Disrupt Africa’s Digital Mapping Space

By Addis Insight

March 11, 2025

Gebeta Maps Launches Independent Map Tiles, Aiming to Disrupt Africa’s Digital Mapping Space

Gebeta Maps Launches Independent Map Tiles, Aiming to Disrupt Africa’s Digital Mapping Space March 11, 2025 Gebeta Maps, an emerging player in Africa’s digital mapping industry, has announced the launch of its own map tile rendering technology, positioning itself as a fully independent mapping provider. This development marks a shift from its previous reliance on third-party map tile services, allowing the company to offer a more localized and cost-effective solution for businesses, developers, and government entities in emerging markets. A Step Toward Mapping Independence Digital maps play a critical role in industries such as ride-hailing, logistics, e-commerce, and urban planning. However, the mapping ecosystem in Africa has long been dominated by a few global providers, which often results in high costs, outdated data, and limited localization. According to Gebeta Maps, these challenges have hindered businesses and organizations from fully leveraging location-based services. With the introduction of Gebeta Maps Tiles, the company is looking to address these pain points by offering faster-loading, customizable, and highly detailed maps tailored specifically to Africa’s evolving urban landscapes. “This launch represents a significant step forward in our mission to build a truly local mapping system,” Gebeta Maps stated in its announcement. “By owning the full mapping experience—from data collection to rendering—we can ensure greater accuracy, affordability, and customization for our users.” How Map Tile Rendering Works Most digital maps are constructed using map tiles, which function as individual pieces of a larger map. When a user accesses a map-based application, only the relevant tiles load, improving speed and performance. This process, known as map rendering, has traditionally been controlled by a few major players, leaving businesses in emerging markets dependent on external providers. By developing its own tile rendering engine, Gebeta Maps is aiming to reduce reliance on foreign mapping platforms while offering a more affordable and regionally optimized alternative. Key Features of Gebeta Maps Tiles Faster Performance – Gebeta Maps has optimized its rendering technology to improve loading speeds by leveraging local processing capabilities. Cost-Effective Pricing – By reducing infrastructure costs, the company claims it can offer more affordable mapping solutions compared to traditional providers. Enhanced Local Coverage – Many global mapping services lack detailed data on informal settlements, neighborhood roads, and evolving urban areas. Gebeta Maps aims to close this gap with regionally sourced data. Customizability – Businesses can tailor map styles, colors, and overlays to fit their branding and functional requirements. Offline Functionality – Recognizing that internet access can be unreliable in some regions, the new map tiles include offline capabilities for uninterrupted access. Implications for Businesses and Developers Gebeta Maps is positioning its new technology as a foundational tool for industries that rely on accurate and real-time geographic data. The company sees particular relevance for logistics firms, ride-hailing platforms, e-commerce businesses, and government agencies involved in urban planning and infrastructure development. For developers, the company has introduced an API for easy integration into applications, providing an alternative to established mapping providers such as Google Maps, Mapbox, and OpenStreetMap. The Growing Competition in African Digital Mapping The launch of Gebeta Maps Tiles comes at a time when digital mapping in Africa is gaining increased attention. With growing urbanization, expansion of e-commerce, and increased investments in smart infrastructure, the demand for localized, cost-efficient, and data-rich mapping solutions is on the rise. While Gebeta Maps enters a space traditionally dominated by global players, its regional focus and self-hosted solutions could attract businesses looking for alternatives that provide greater control over data and cost savings. What’s Next? According to the company, this is just the beginning. Future plans include expanding its data coverage, refining its AI-powered mapping tools, and offering industry-specific solutions for sectors such as agriculture, transportation, and real estate. With an increasing demand for independent mapping solutions in emerging markets, the question remains: Can Gebeta Maps establish itself as a competitive alternative in Africa’s growing digital mapping landscape? For now, the company appears confident that its localized approach and full-stack mapping capabilities will resonate with businesses looking for a more tailored solution.

Selecta One Shuts Down Kunzila Production Site in Ethiopia Amid Political Instability

By Addis Insight

March 10, 2025

Selecta One Shuts Down Kunzila Production Site in Ethiopia Amid Political Instability

Selecta One Shuts Down Kunzila Production Site in Ethiopia Amid Political Instability March 10, 2025 – In a significant setback for Ethiopia’s agricultural and horticultural sector, Selecta One has announced the closure of its production site in Kunzila, citing political instability and security concerns. The German-based floriculture company made the difficult decision after years of investment in the region, despite efforts to maintain operations post-civil war. Per Ansgar Klemm, CEO of Selecta One, shared the news via LinkedIn, calling the decision a “bitter pill to swallow.” He emphasized that the safety of employees on the ground could no longer be guaranteed under the current political and military tensions. The closure will result in the loss of over 1,000 jobs, affecting around 10,000 people directly and indirectly in the area. The Kunzila production site was established with high hopes of contributing to the economic development of the region. Selecta One had invested heavily in knowledge transfer, workforce development, and production infrastructure. The company had remained committed to operating in Ethiopia even after the civil war ended in November 2022, anticipating improved conditions. However, ongoing instability has rendered it impossible to sustain operations or execute necessary business expansions. Klemm expressed deep regret over the decision, highlighting the devastating impact on local employees and their families. “For many people from Kunzila and the surrounding area, our young company was an opportunity for economic prospects. It is with a heavy heart that we leave them behind, hoping for better times,” he stated. Despite the setback in Ethiopia, Selecta One is shifting resources to strengthen its operations in Kenya and Uganda to ensure continuity in supply for its customers. However, the closure underscores the growing challenges faced by foreign investors in Ethiopia, particularly in sectors reliant on political stability and security. Ethiopia has been striving to attract foreign direct investment (FDI) to boost its economy, but recurrent conflicts and regulatory uncertainties have led to concerns among international businesses. Selecta One’s exit raises further questions about the business climate in the country, particularly in regions affected by instability. As the Ethiopian government works to stabilize the political landscape and restore investor confidence, the departure of companies like Selecta One serves as a stark reminder of the risks associated with operating in conflict-prone environments. The company remains hopeful for future opportunities to re-establish operations in Ethiopia should conditions improve.

Lemi National Cement Factory Supplies Over 7 Million Quintals of Cement to Market

By Addis Insight

March 09, 2025

Lemi National Cement Factory Supplies Over 7 Million Quintals of Cement to Market

Lemi National Cement Factory Supplies Over 7 Million Quintals of Cement to Market Lemi National Cement Factory has supplied more than 7 million quintals of cement to the Ethiopian market since it began operations, the company has announced. The factory is working closely with key stakeholders in the construction sector to expand market accessibility and promote efficient industry practices. By improving distribution and addressing supply shortages, Lemi National Cement has played a leading role in stabilizing cement prices and ensuring product availability. Currently, the factory produces 100,000 quintals of cement daily, covering over 33% of Ethiopia’s total cement supply. This output has significantly eased cement shortages in the country, providing a much-needed boost to the construction industry. In the 2017 Ethiopian fiscal year, Lemi National Cement achieved key production milestones and reaffirmed its commitment to offering high-quality, locally-produced cement that meets international standards. Moreover, the newly operational factory has created over 1,000 job opportunities, including both permanent and temporary positions. The company plans to further expand cement distribution nationwide in collaboration with industry stakeholders. Lemi National Cement is set to continue playing a crucial role in Ethiopia’s construction sector, ensuring steady supply, stabilizing prices, and driving economic growth.

Ethiopia to Increase Electricity Tariffs Starting April

By Addis Insight

March 09, 2025

Ethiopia to Increase Electricity Tariffs Starting April

Ethiopia to Increase Electricity Tariffs Starting April Ethiopian Electric Service has announced that from April to June, electricity tariffs will increase for both consumption and service fees. According to the statement, starting in April, residential customers consuming up to 0.50 kWh will see their tariff increase to 0.60 cents per kWh. Additionally, service fees will also rise, with postpaid customers paying 10 ETB and 95 cents, while prepaid customers will pay 4 ETB and 18 cents. For residential customers: Those consuming between 51 and 100 kWh will now pay 1 ETB and 49 cents per kWh. Those using between 101 and 200 kWh will pay 2 ETB and 67 cents. Customers consuming between 201 and 300 kWh will be charged 3 ETB and 84 cents per kWh. Service fees will also vary based on consumption. The maximum charge for postpaid users will be 45 ETB and 80 cents, while prepaid users will pay 15 ETB and 97 cents. Bahiru Olijira, Executive Director of Energy Supply and Distribution Regulation at the Ministry of Petroleum and Energy, confirmed that these tariff adjustments will take place every three months, beginning in April. The adjustments will apply to various sectors, including residential, commercial, small and medium industries, and street lighting. Previously, from January to March, residential customers consuming up to 0.50 kWh were charged 0.52 cents per kWh, while postpaid service fees were 10 ETB and 71 cents, and prepaid service fees were 4 ETB and 1 cent. For commercial, small and medium industries, and street lighting, payments will continue based on assigned usage brackets. The Ethiopian Electric Service aims to gradually implement these changes every three months to avoid sudden financial burdens on the public, according to Melaku Taye, the institution’s Communication Executive. The cost-reflective tariff, which accounts for increased power generation costs, will bring the price per kWh to 6.01 ETB after four years. 1 COMMENT Daniel woldemichael March 10, 2025 At 6:57 am “Dear Leaders of Ethiopia As you are aware, our people have endured immense hardships over the past six years due to both natural and man-made challenges. The outbreak of COVID-19, ongoing conflicts in the north and west, and the displacement of millions have placed a heavy burden on families struggling to rebuild their lives. With the upcoming tariff increase by the Ethiopia Electric and Power Authority in April, we are deeply concerned about the affordability of electricity for our people. Many are already facing economic hardships and cannot bear additional financial strain. At the same time, we also observe significant power wastage in the city, which raises questions about efficiency and responsible resource management. Given these circumstances, we kindly ask for a fair and balanced approach. Would it not be more just to prioritize reducing wastage and improving efficiency before increasing tariffs? Our people deserve a solution that considers their struggles while ensuring sustainable energy management. We appreciate your leadership and hope for a decision that reflects compassion and fairness for all.” “Dear Leaders of Ethiopia As you are aware, our people have endured immense hardships over the past six years due to both natural and man-made challenges. The outbreak of COVID-19, ongoing conflicts in the north and west, and the displacement of millions have placed a heavy burden on families struggling to rebuild their lives. With the upcoming tariff increase by the Ethiopia Electric and Power Authority in April, we are deeply concerned about the affordability of electricity for our people. Many are already facing economic hardships and cannot bear additional financial strain. At the same time, we also observe significant power wastage in the city, which raises questions about efficiency and responsible resource management. Given these circumstances, we kindly ask for a fair and balanced approach. Would it not be more just to prioritize reducing wastage and improving efficiency before increasing tariffs? Our people deserve a solution that considers their struggles while ensuring sustainable energy management. We appreciate your leadership and hope for a decision that reflects compassion and fairness for all.” Comments are closed.

Ethiopia Develops Capacity to Export Drones to International Markets – Prime Minister Abiy (Dr.)

By Addis Insight

March 08, 2025

Ethiopia Develops Capacity to Export Drones to International Markets – Prime Minister Abiy (Dr.)

Ethiopia Develops Capacity to Export Drones to International Markets – Prime Minister Abiy (Dr.) Addis Ababa, February 29, 2025 (FMC) – Ethiopia has built the capacity not only to manufacture and use drones but also to export them to international markets, Prime Minister Abiy Ahmed (Dr.) has announced. The Prime Minister inaugurated Sky Wing Industry, a company engaged in the production of unmanned aerial vehicles (drones) for both civilian and military applications. During the inauguration, he highlighted that the establishment of this industry is part of Ethiopia’s broader efforts to enhance its technological self-sufficiency, particularly in security and defense sectors. The drones manufactured by the company are expected to strengthen Ethiopia’s sovereignty and defense capabilities significantly. According to the announcement, these drones are designed to operate efficiently at high altitudes and come equipped with counter-drone systems to neutralize potential aerial threats. Moreover, the drones utilize advanced artificial intelligence (AI) technologies to enhance their operational effectiveness. They are capable of intelligence gathering, surveillance, defense, and offensive operations, making them versatile tools for various strategic purposes. The Prime Minister further emphasized that Ethiopia now possesses the necessary infrastructure to export these drones to international markets. Additionally, he encouraged further research and collaboration among institutions working in this sector to strengthen Ethiopia’s position in drone technology and innovation. 2 COMMENTS King David March 8, 2025 At 9:15 pm Great News. Black people have to wake up! We need to master AI. Do you think Black people will be safe if White SUPREMACIST Musk and Trump gets AGI. Ethiopia try to get Nukes. The Black Race need Nukes . Great News. Black people have to wake up! We need to master AI. Do you think Black people will be safe if White SUPREMACIST Musk and Trump gets AGI. Ethiopia try to get Nukes. The Black Race need Nukes . Ethiopia begins manufacturing its own drones for defense and trade - The Radical Leap Group March 9, 2025 At 8:31 pm […] Also, the locally manufactured drones use powerful artificial intelligence (AI) technology to improve their operating efficiency, as seen on AddisInsight. […] […] Also, the locally manufactured drones use powerful artificial intelligence (AI) technology to improve their operating efficiency, as seen on AddisInsight. […] Comments are closed.

NBE’s Forex Auctions: Is Ethiopia’s Market-Based Exchange Failing?

By Addis Insight

March 08, 2025

NBE’s Forex Auctions: Is Ethiopia’s Market-Based Exchange Failing?

NBE’s Forex Auctions: Is Ethiopia’s Market-Based Exchange Failing? As banks compete for scarce dollars, concerns grow over the transparency and effectiveness of Ethiopia’s forex auctions. Ethiopia’s commercial banks are facing a severe liquidity crisis, worsened by recent policy changes and financial sector inefficiencies. The National Bank of Ethiopia’s (NBE) strict credit cap and high demand for cash have left banks struggling to meet withdrawals and sustain lending. The shift to a market-based foreign exchange system has further drained liquidity, making it harder for banks to issue loans and increasing financial distress. Amid this crisis, NBE’s recent forex auction has sparked concerns among experts, particularly about its timing and lack of transparency. With limited cash available, banks are being forced to prioritize forex bidding over lending, potentially worsening the credit shortage. “Cash is disappearing from the banking system as businesses struggle to transact. Some banks are even buying local currency, birr, at an interest rate,” said Getachew, an economist and public policy expert. “The first auction after floating the birr was necessary to show stability, but this one raised serious questions.” He added that while forex auctions help when the birr depreciates or forex is scarce, NBE’s process for deciding auction timing and amounts remains unclear. “There is no data to verify if the allocated forex matches actual market demand,” he said, questioning whether the auctions address shortages or create more uncertainty. Lack of Transparency Economist and social media commentator Wassihun Belay echoed these concerns, criticizing the lack of transparency. “We need data for investment decisions and to help businesses choose banks wisely,” he said. “Auctions should be announced earlier so banks can prepare, and NBE must ensure smaller banks aren’t excluded.” He also urged NBE to publicly disclose future auction dates to reduce uncertainty. “Banks’ forex rates should be monitored since some add extra commissions beyond the official rate,” he added. “NBE’s decisions should not be unpredictable.” Wassihun further claimed that although NBE stated 27 banks received forex, only five banks—those with the highest bids—actually secured it. Impact on the Market Getachew acknowledged that despite its flaws, the auction provides a reference exchange rate, helps banks manage forex reserves, and partially meets demand. However, he warned that without oversight, the forex could flow into the black market. Following the auction, the parallel market saw sharp fluctuations, with the dollar trading at ETB 145–150, widening the gap between the official and black market rates. Getachew argued that Ethiopia’s foreign exchange market is not truly market-based. “A real market-based forex system responds to global economic forces, but Ethiopia’s rates are still controlled by state-owned banks like the Commercial Bank of Ethiopia (CBE) and the Development Bank of Ethiopia (DBE),” he said. He emphasized that transparency is critical. “Auction details—who bid and how much—must be public,” he argued. “This helps decision-makers plan and allows analysts to track market trends.” Without this, he warned, businesses and investors will struggle to navigate Ethiopia’s forex system. Auction Results and Inflation Risks The Reporter stated that the latest auction had bids ranging from ETB 130 to ETB 141 per USD. One bank secured just USD 200,000 at ETB 141 per USD, while the average rate was ETB 135.6185—ETB 10 above the official exchange rate. NBE offered a total of USD 60 million. A financial expert told The Reporter that many banks rely on these auctions as their only source of forex, especially for fuel imports. Smaller banks, in particular, prefer auctions over buying from larger banks, which charge high fees. An economist warned that uncertainty about future auctions is driving banks to buy as much forex as possible, potentially increasing inflation. “The new rate of nearly ETB 136 per USD could push up prices. Exporters might hold onto goods, expecting the birr to weaken further and fetch higher profits later.” Conclusion Ethiopia’s forex auction system is struggling to function as a true market-based exchange. Without better transparency and planning, it risks worsening liquidity shortages, driving up inflation, and fueling speculation. Experts agree: for the system to work, NBE must improve oversight, ensure fair participation, and make auction details public.

Ethiopian Airlines Celebrates International Women’s Day with All-Female Flight Crew in Namibia

By Addis Insight

March 08, 2025

Ethiopian Airlines Celebrates International Women’s Day with All-Female Flight Crew in Namibia

Ethiopian Airlines Celebrates International Women’s Day with All-Female Flight Crew in Namibia Ethiopian Airlines marked International Women’s Day with a special flight operated entirely by an all-female crew, landing at Hosea Kutako International Airport in Namibia. The First Lady of Namibia, Susette Mbumba, welcomed the historic flight, highlighting the role of women in aviation and beyond. Addressing the gathering, the First Lady praised the initiative, stating, “When women rise, the world rises with them.” She described the flight as a symbol of progress and emphasized the need for continued efforts to achieve gender equality. A Tradition of Female Empowerment in Aviation Ethiopian Airlines, Africa’s largest and most successful carrier, has been at the forefront of promoting gender equality in the aviation industry. The airline first introduced all-female crew flights in 2015, making history with a flight from Addis Ababa to Bangkok. Since then, it has conducted similar flights to cities around the world, including Lagos, Oslo, Washington, and Buenos Aires. These flights feature female professionals in all key operational roles, including pilots, cabin crew, air traffic controllers, ground operations staff, maintenance technicians, and flight dispatchers. This initiative aims to highlight the capabilities of women in the aviation industry and inspire the next generation to pursue careers in fields traditionally dominated by men. Namibia’s Commitment to Gender Equality Namibia has made significant strides toward gender equality, ranking among the top African countries in closing the gender gap, according to the World Economic Forum’s Global Gender Gap Report. The country has implemented policies to increase women’s participation in leadership, business, and education. By welcoming Ethiopian Airlines’ all-female flight, Namibia reaffirmed its support for women’s empowerment, particularly in male-dominated industries like aviation. The event served as a powerful reminder of the progress being made and the work that remains in achieving full gender parity. Ethiopian Airlines’ Leadership in Gender Inclusion Ethiopian Airlines’ CEO, Mesfin Tasew, has emphasized the company’s dedication to diversity and inclusion, noting that women now make up a growing percentage of the airline’s workforce, including pilots, engineers, and executives. The airline has established various training programs and scholarships aimed at increasing the representation of women in aviation. Captain Amsale Gualu, one of Ethiopia’s first female pilots, has been a key figure in inspiring young women to join the industry. As Ethiopian Airlines continues to lead in gender inclusion, initiatives like the all-female flight crew serve as both a celebration and a call to action. By fostering greater opportunities for women in aviation, the airline is not only strengthening its workforce but also contributing to a more inclusive and equitable global industry. The successful landing in Namibia stands as a testament to the airline’s ongoing commitment to empowering women and breaking barriers in aviation. 1 COMMENT Gregor Hoess March 9, 2025 At 11:56 pm It is nice to see such a friendly African people developping with great success. I can highly recommend Ethiopian Airlines: ecellent pilots, outstanding boardservice! I am looking fw to the next flight with them. It is nice to see such a friendly African people developping with great success. I can highly recommend Ethiopian Airlines: ecellent pilots, outstanding boardservice! I am looking fw to the next flight with them. Comments are closed.

Addis International Convention Center: A 28 Billion ETB Landmark for Ethiopia’s MICE Industry

By Addis Insight

March 06, 2025

Addis International Convention Center: A 28 Billion ETB Landmark for Ethiopia’s MICE Industry

Addis International Convention Center: A 28 Billion ETB Landmark for Ethiopia’s MICE Industry The Addis International Convention Center (AICC), a state-of-the-art facility in Addis Ababa, Ethiopia, has been completed with an investment surpassing 28 billion ETB. This mega project aims to position Ethiopia as a premier destination for global conferences, trade fairs, and high-profile events. According to AICC Chief Executive Officer Sisay Gemechu, more than 22 billion ETB of the total investment came from shareholders’ capital. The convention center is expected to drive economic growth by boosting tourism, attracting international business, and creating employment opportunities in Ethiopia’s event management, hospitality, and service industries. A Hub for International Events and Business The AICC is designed to meet international standards for event hosting, offering a highly modernized infrastructure that can accommodate a diverse range of gatherings, from diplomatic summits and corporate meetings to cultural exhibitions and trade fairs. The facility is one of the largest of its kind in East Africa and provides comprehensive services to event organizers and attendees. World-Class Facilities & Features Two Grand Conference Halls: Each can host between 3,000 to 4,000 attendees, making them ideal for large-scale summits, corporate events, and government conferences. Eight Additional Meeting Rooms: Designed to accommodate a variety of smaller discussions, workshops, and breakout sessions, allowing for up to 10,000 participants in total. Luxury Hotels & Accommodation: The convention center is surrounded by six buildings converted into high-end hotels, providing over 1,000 rooms for international and local guests. Expansive Exhibition Grounds: A dedicated outdoor space that can host up to 50,000 visitors, tailored for trade fairs, cultural exhibitions, and business expos. State-of-the-Art Business and Retail Spaces: With 50 commercial outlets, the facility offers office spaces, banks, restaurants, and high-end retail shops, ensuring convenience for attendees. Ample Parking Space: A 2,000-vehicle capacity parking lot, designed to accommodate the high volume of traffic expected for major events. Strategic Location and Economic Impact The AICC is strategically located next to Lemi Park, Addis Ababa’s second-largest public square after Meskel Square. This positioning enhances its accessibility and integrates it into the city’s broader economic and social infrastructure. The development of the AICC aligns with Ethiopia’s economic vision to become a leading player in Africa’s Meetings, Incentives, Conferences, and Exhibitions (MICE) industry. With modern infrastructure, Ethiopia can compete with other African nations in attracting international summits, corporate events, and cultural exchanges. Immediate Bookings & Future Prospects Demand for the Addis International Convention Center is already high. Within the next three to four months, 10 major institutions have secured reservations for international conferences, diplomatic meetings, and corporate events. The center is expected to serve as a key hub for business, trade, and cultural diplomacy, solidifying Ethiopia’s role as an attractive destination for international collaborations. As the AICC begins operations, it is poised to transform Ethiopia’s hospitality, tourism, and business sectors, making Addis Ababa a global hub for high-profile gatherings and a gateway for international engagement in East Africa.

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