Ethiopia relaunches $445M plan for Sub-Saharan Africa’s tallest tower
26 May 2025
Sub-Saharan Africa’s tallest tower is back on the development list of Ethiopia. The country has revived a plan to build a 62-storey headquarters for the Ethiopian Electric Power (EEP) in the capital city of Addis Ababa.
Originally floated in 2023, the $445 million scheme had run into trouble on logistics and funding fronts. Now, EEP is inviting appropriate firms to bid for the monolithic project. The building will rise to 327.5 meters on Mexico Square, taller than the 209-meter Commercial Bank of Ethiopia building.
It will occupy 20,792 square meters of land with a total built-up area of 197,800 square meters. Three basement floors for car parking and facilities systems are designed. On top of these, there will be 55 floors for EEP offices, sky gardens, and a roof-top restaurant.
“We are calling on both international and domestic contractors with good financial stability,” an EEP spokesperson said. The rekindled dream of Sub-Saharan Africa’s Tallest Tower marks Ethiopia’s push toward economic advancement and modern infrastructure.
Significance of Sub-Saharan Africa’s Tallest Tower
The Sub-Saharan Africa’s tallest tower is a dream initiative for Ethiopia’s infrastructure and global exposure. It is economic ambition and national pride. EEP’s selection of Dar Al-Handasah as design and supervision consultant attests to the international standard of the project. Interestingly, the competitive bidding puts emphasis on financial and technical ability. Interested firms should prove three prior projects worth at least $370 million each. They should also prove a minimum annual turnover of $230 million for five years. This ensures quality and accountability.
The tower will serve as the headquarters of EEP, with an improvement in energy sector coordination. It also provides space for business and tourism. When complete, the tower will be a symbol in Addis Ababa’s Financial District. The execution is scheduled with stringent deadlines and performance standards. Although concentrated in Ethiopia, the venture sets a precedent for modern tall building construction across the continent. As EEP announced, “This is more than a building. It’s a national milestone.”
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