EEPCo plans $13.1 bln power
plants
By Groum Abate
The Ethiopian Electric Power Corporation (EEPCo)
has planned to construct 10 hydro power plants worth over 13.1
billion dollars, in the next 10 years.
Fan, with a capacity of generating 100 MW, Hallele-Werabessa 422-MW,
Tekeze II 450-MW, Gibe IV 1900-MW, Genale III 258-MW, Genale IV
256-MW, Geba I & II 366-MW, Karadobi 1600-MW, Boarder 1200-MW,
and Mendaya 2000-MW, are planned to be built or launched under
the corporation’s 25 year master plan.
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Over $6 mln seized
in black market raid
By Groum Abate
Police have seized a staggering two million dollars in hard currency
with an illegal money changer and 13 million birr in cash with another
trader in an unexpected police raid, where several alleged illegal
traders were arrested.
The individual with 13 million birr in cash was caught on Thursday
March 13, around American Gibi in a place called Beteseb Supermarket.
The hard currency was also taken as evidence. Some said that the
amount seized during the raid could be over six million dollars
including the amount apprehended in Ethiopian birr.
ECX launches first electronic banking gateway
Concludes partnership with Dashen, CBE
By Abiy Demilew
The Ethiopian Commodity Exchange (ECX) has finally completed the
first ever electronic banking gateway and signed partnership agreements
with Dashen and CBE. Dr Eleni Zaude Gebre-Madhin, program leader
of the Ethiopian Strategy Support Program / ESSP, International
Food Policy Research Institute (IFPR), disclosed to Capital that
the partnership agreement was signed with Dashen Bank on Friday
and CBE on Saturday.
President launches public health program
By Addis Mulugeta
A public health program was officially launched on Saturday march
8, 2008 in South West Showa Zone, Wolisso. The ceremony that was
held at St. Lukas Hospital was attended by H.E Girma Wolde Giorgis,
President of Ethiopia.
It was indicated on the occasion that the health program is required
to increase basic health supply system, improve quality of dedicated
human resources and equity and access to primary health services
by reinforcing private-public partnership. The program was launched
by the Catholic Church in close collaboration with a special international
NGO based in Italy known as Doctor with Africa-CUAMM and the Regional
Health Bureau
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