Africa's tallest tower planned to rise 99 stories in Addis Ababa, Ethiopia, by 2017. Ethiopia’s capital city, Addis Ababa, may boast Africa’s tallest building by 2017. While a 58-story building had been announced, plans unveiled by a private Chinese developer now call for a 99-story office-hotel tower. Guangdong Chuanhui Group has not revealed the building's estimated cost or other details, including financial arrangements or the names of the architect and engineer.The site for the Chuanhui International Tower is at the new Addis Ababa Exhibition Centre. The developer says it has acquired the 41,000 sq meter site and the building plans
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.