More

    Ethiopia Resumes $445M Skyscraper Project to Build Sub-Saharan Africa’s Tallest Skyscraper

    Ethiopia has revived its $445 million plan to construct a 62-storey skyscraper in Addis Ababa, aiming to claim the title of the tallest building in sub-Saharan Africa.

    Known as the EEP Tower, the building, according to Business Insider Africa, will serve as the future headquarters of Ethiopian Electric Power (EEP) and will stand at 1,074 feet, surpassing Johannesburg’s Leonardo Tower (768 feet).

    Located in the Kirkos district, the tower will feature a rooftop restaurant, over 2.1 million square feet of floor space, 55 office floors with sky gardens, and a commercial podium. The structure will be built on a 20,792-square-meter site and include three basement levels.

    Read Also: Uganda to Introduce Ethanol-Blended Petrol Starting January 2026

    The project, originally proposed in 2023, had stalled due to financial constraints but has now reopened bidding to qualified local and international contractors. 

    The government has mandated that bidders have at least a decade of experience and three prior projects worth $370 million or more. Construction will follow an EPC (Engineering, Procurement, and Construction) model and is expected to span four years.

    Beirut-based Dar Al-Handasah will oversee the design and management, with an emphasis on sustainable construction. 

    Beyond its architectural symbolism, the project is expected to boost job creation and catalyze broader urban development.

    Sign up for our free Daily newsletter

    We'll be in your inbox every morning Monday-Saturday with top business news, inspiring stories, best advice and exclusive reporting from Entrepreneur.

    Related Posts

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Captcha verification failed!
    CAPTCHA user score failed. Please contact us!

    Latest

    Nigeria Records Higher Food Output, Lower Prices in 2025 — Report

    Nigeria’s agricultural sector experienced steady growth during the 2025 wet season, with increased output across major staple crops and a general decline in food...

    AfDB to Disburse $500m Loan to Nigeria Before Year-End

    The African Development Bank (AfDB) is set to release $500 million to Nigeria before the end of 2025 as part of a $1 billion...

    Senator Natasha Akpoti-Uduaghan Returns to Senate After Six-Month Suspension

    Senator Natasha Akpoti-Uduaghan, representing Kogi Central, returned to the Senate yesterday after serving a six-month suspension. The lawmaker, according to The Punch, was seen smiling...

    Rwanda Sends First Tungsten Shipment to the United States

    The United States has received its first-ever shipment of tungsten concentrate from Rwanda, marking a significant milestone in Washington’s strategy to diversify supply chains...

    CBN Caps POS Daily Transactions at ₦1.2 Million in New Guidelines

    The Central Bank of Nigeria (CBN) has introduced new regulations for agent banking operations across the country, setting transaction limits for Point of Sale...