Ovid to establish a mortgage bank
Editor Ovid Group, the giant real estate company that made waves recently when it completed the construction of several buildings in 90 days is preparing to establish a mortgage bank. In…
How to finance a real estate project in Ethiopia when the banks say no
Sofia Assefa There are several ways to finance a real estate project in Ethiopia, but the most common one is to get a bank loan (construction loan). Another common method is pre-selling…
Year in review: Addis Ababa Real Estate in 2023
Sofia Assefa The Addis Ababa real estate market in the year 2023 experienced a classic boom-bust cycle. It started with a hopeful tone right after the war in the north came to…