Rural electrification to unlock $4 billion in Ethiopia’s economy
A new report released by Rocky Mountain Institute states thatlinking agriculture and rural electrification in Ethiopia could help the country unlock up to $4 billion in its economy.…...
Read More Ethiopia: Rural electrification is key to agricultural transformation
According to the report this can be achieved when farmers switch to electricity from expensive alternatives such as diesel. In collaboration with the International Food Policy Resea…...
Read More New water bottling company in Ethiopia joins the burgeoning Industry
ETHIOPIA – Kefeta Spring Water, anew water bottling company in Ethiopia has joined the competitive industry withan investment of 62 million Br (US$1.9m) and partial financing from …...
Read More IFC invests US$55.9M in Habesha Breweries, boosting Ethiopia’s barley industry
ETHIOPIA — The InternationalFinance Corporation (IFC) has extend US$55.9 million financing to HabeshaBreweries S.C., abeverage manufacturer in Ethiopia to help the company expand i…...
Read More Ethiopia’s reformist leader Abiy Ahmed woos private sector investors to fuel economic growth
Jan. 28 2020Ethiopian leader’s mettle is yet to be tested as the country tries to attract private sector investments to sustain its economic growth, reports Gavin du Venage from Ca…...
Read More Chinese firm builds major road project in W. Ethiopia
Mark your calendars: Africa Build Show 2020, Accra, Ghana, 17-19 June 2020.http://africabuildshow.com/The Ethiopian Prime Minister Abiy Ahmed on Saturday launched the construction o…...
Read More Egypt, Ethiopia, Sudan to finalize Blue Nile dam agreement this month
Ministers from Egypt, Ethiopia and Sudan agreed on Wednesday to reconvene in the United States later this month to finalize an agreement on a giant hydropower dam on the Blue Nile t…...
Read More Ethiopian Airlines to start building new $5 billion airport this year - CEO
Ethiopian Airlines will start constructing a new $5 billion (Sh500 billion) airport later this year, its chief executive officer was quoted as saying on Wednesday, as the rapidly-ex…...
Read More Ethiopia To Build Continental Satellite Data Receiver Station With China’s Help
By Joseph Ibeh -- China is expected to help Ethiopia build a continental satellite data receiver station, a news report by China state media Xinhua quotes Dr Solomon Belay, Director…...
Read More Ethiopia to Keep Control of Its Banks as Other Sectors Open Up
By Samuel GebreEthiopia is shaking up its economy by opening many industries to foreign investors. Just don’t expect the government to loosen its grip on banks yet.“Banking, insur…...
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