Ethiopia plans 1.5 million homes over five years
By the AFREEQUE newsroom, based on Fanamc
Ethiopian Prime Minister Abiy Ahmed outlines the industrial and financial foundations of a programme to build 1.5 million homes over five years. The project notably plans to strengthen local materials production, housing finance and public-private partnerships, according to Fanamc.
Ethiopian Prime Minister Abiy Ahmed plans to build 1.5 million homes over five years and presents the programme as a project requiring the simultaneous development of industrial production, housing finance and public-private partnerships. He was speaking after a visit to housing programmes in Addis Ababa, according to Fanamc.
The government notably wants to strengthen Ethiopian production of steel, glass and ceramics to reduce dependence on external supplies. Abiy Ahmed also indicated that housing funds, bank involvement and mortgage lending mechanisms would be needed to enable households to acquire homes and spread their repayments, according to Fanamc.
In Addis Ababa, more than 100,000 homes have already been launched as part of the current operation, some of which were built in less than a year. The Prime Minister believes the programme can be expanded after this 100,000-home tranche is completed, according to Fanamc.
The announcement comes after the African Union praised Abiy Ahmed’s political leadership on 6 November 2026.
