When thinking about Africa, words like be “War”, “Disease”, “Corruption”, and “Safari” may come to mind. But this is not truly Africa. In this TEDxBeijing Talk, Helen Hai, the United Nations Industrial Development Organization Goodwill Ambassador for industrialization in Africa
Read More »Construction of Kenya-Ethiopia power line begins
Kenya and Ethiopia have started the construction of a Sh126 billion power line that will run between the two countries. The 1,045-kilometer line will have a transmitting capacity of 2,000MW and is expected to be completed by December 2018
Read More »Ethiopia stands firm on the Nile issue, while Egyptian media make futile endeavor misguide their people.
According to the news, Ethiopian water minister Ato Motuma Mekassa has promised Egypt to limit the negative effect of the Grand Ethiopian Renaissance Dam (GERD) on Egypt and Sudan. He was quoted saying “We are ready to reduce any negative effect if proven by studies.”
Read More »Ethiopia, Djibouti, China to launch $4B natural gas project
Under the project, Ethiopia could export 10M cubic meters of LNG to China each year By Addis Getachew ADDIS ABABA Ethiopia says physical work on …
Read More »Ambassador: Ethiopia to construct new dam after Renaissance Dam
“The Nile river is a gift for Egypt and its people, and the relationship between Ethiopia and Egypt should not be reduced to the Nile waters,” Dreier said, adding that Ethiopia will not discuss with Egypt or any country whether it should build the dam or not.
Read More »Ethiopia: The once-sleeping giant challenging Kenya’s dominance
Ross McLean, the manufacturer’s head in sub-Saharan Africa, said in a May interview with Business Beat that the Ethiopian market is turning out to be more promising than Kenya’s. Dow has been in Ethiopia for the last two years, manufacturing herbicides for Ethiopia’s huge flower farms. “When we set up camp here in Nairobi, we thought Kenya was the ultimate destination in this region. But after making a foray into Ethiopia, we have experienced a sleeping giant that is rising,” Mr Mclean said.
Read More »Ethiopia among the ’10 emerging markets of the future’
"Construction to meet rapid urbanisation and ambitious state infrastructure targets will be the main driver of economic growth in Ethiopia ... Ethiopia's construction industry will record the highest growth in Sub-Saharan Africa, averaging real annual growth of 10.7% between 2016 and 2025."
Read More »Canada strengthens trade ties with Ethiopia with forum in Addis Ababa
An Ethio-Canadian Business Forum has been held in Ethiopian capital Addis Ababa. The event was jointly organized by the Canadian Department of Global Affairs and the Ottawa-based Pan-Canadian not-for-profit Pan-Canadian organization, Canadian Council on Africa, with the goal of becoming Canada’s leading organization committed to the economic development of a modern competitive Africa.
Read More »Kenya signs power deal with Ethiopia
Kenya has signed a power purchase agreement with Ethiopia in a deal that will see Kenya receive 400mw of hydropower in the next eighteen months.
Read More »Koysha Dam:New mega project in Ethiopia
New mega project in Ethiopia: The new hydroelectric plant is worth €2.5 billion and will have an installed capacity of 2,200 MW. The client is the Ethiopian Electric Power (EEP). The project includes a 170 metre high rolled compacted concrete (RCC) dam; the reservoir volume is 6000 million cubic metres. The hydroelectric plant will annually produce 6,460 GWh.
Read More »