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Home Real Estate

Addis housing project: Army Foundation & UAE deal

FurtherAfrica by FurtherAfrica
August 10, 2026
in Development Finance, Ethiopia, FA, Infrastructure & Construction, Investment, Macroeconomics & Policy, Real Estate
Reading Time: 3 mins read
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The Addis housing project was launched by the Ethiopian Army Foundation and Reportage Properties as a mixed-use development project in Addis Ababa.

The mixed-use scheme in Addis Ababa combines housing, commercial space, recreational facilities, and landscaped green areas on a 23000 square metre site.

A larger bet on Addis Ababa

The project covers 23,000 square metres and includes two residential towers with 1,086 apartments, about 15,000 square metres of commercial space, recreational facilities, and landscaped green areas, according to Ethiopian News Agency coverage of the launch.

Martha Luwigi, Ethiopian State Minister of Defence, said the scheme will create jobs, raise living standards and bring in modern construction methods and expertise. She also framed the development as part of Addis Ababa’s wider economic and social transformation, supported by stronger investment and urban improvement.

The launch brought together the Ethiopian Army Foundation and UAE-based Reportage Properties in a mixed-use development partnership. For investors, that makes the Addis housing project more than a single construction start. It is also a signal that Ethiopia’s urban development market can attract foreign partners for large mixed-use schemes.

Why Reportage’s role matters

Reportage Properties brings scale, execution experience and a wider delivery pipeline to Ethiopia’s capital.

Aref Ismail Al Khoori, Reportage Group chairman, said Ethiopia has “tremendous potential” and that the company is committed to supporting growth through value-creating developments. The wording reflects a broader commercial logic now visible across Gulf-Africa ties. Ethiopian institutions want capital and expertise. UAE developers want new growth markets.

The project also carries symbolic weight for Addis Ababa. Martha Luwigi said international cooperation among government bodies, private firms and development partners is essential for sustainable growth, investment attraction and technology transfer. That makes the Addis housing project a practical example of how Ethiopian authorities are trying to package urban growth for outside capital.

For investors, the next checkpoint is execution. The market will watch whether the scheme moves from launch to delivery on schedule, and whether it opens the door to more large-scale private housing and mixed-use investment in Ethiopia.

Quick answers
How many apartments does the Addis housing project include?

The project includes two residential towers with 1,086 apartments, set on a 23,000 square metre site that also features about 15,000 square metres of commercial space.

Who are the partners behind the Addis Ababa mixed-use development?

The project is a joint venture between the Ethiopian Army Foundation, a domestic institution, and Reportage Properties, a UAE-based developer that operates in 25 countries and has delivered more than 55,000 units globally.

What does the project signal for Ethiopia’s real estate market?

The launch indicates that Ethiopia’s urban development sector can attract large-scale foreign partners for mixed-use schemes, reflecting a broader trend of Gulf capital seeking growth markets in Africa.

Related

Tags: 1086 apartments15000 square metres commercial23000 square metresAddis AbabaAddis housing projectaffordable housingAfrica real estateAndrea NuceraAref Ismail Al KhooriconstructionEast Africaemerging marketsEthiopiaEthiopian Army FoundationEthiopian News Agencyforeign direct investmentgulf africa investmentinvestment tiesjob creationMartha LuwigiMixed-Use Developmentprivate capitalReal EstateReportage GroupReportage Propertiesresidential towerstechnology transferUAEurban developmenturban growth
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Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

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