Mayor Adanech Abiebie officially inaugurated and commissioned the new, modern 11-story headquarters of Addis Capital Goods Finance today in the heart of the Piassa district. The successful completion of the structure was highlighted as a demonstration of the city administration’s commitment to translating promises into action and delivering tangible results for residents.

The high-quality structure is seen as a key outcome of the city’s drive to follow through on major development initiatives, demonstrating a consistent effort to finalize projects and herald new achievements that directly benefit the local population.

Addis Capital Goods Finance functions as a vital alternative financial service, playing a key role in the urban economy. The institution is specifically focused on creating job opportunities for the city’s youth and women, fostering import substitution efforts, and supporting the production of goods capable of generating much-needed foreign currency. Furthermore, the company is actively working to expand technology transfer within its operational sectors.

The state-of-the-art building is designed to accommodate various services, making it suitable for banking, insurance, and professional office space. To ensure a productive and comfortable working environment for its staff, the facility includes comprehensive amenities such as a childcare center, a dedicated fitness and gymnasium area, and modern cafeterias.

Closing the ceremony, Mayor Adanech extended her gratitude to those involved in the successful completion of the project.

"I would like to once again congratulate and express our collective joy to the board members, management, employees, the contractor, and the consultant who all worked tirelessly for this success," the mayor stated. "May God bless Ethiopia and its people!"