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Stock of external debt decreases
The country’s external debt is continuing to lower in the second quarter of the fiscal year, similar to the first quarter. During the last...
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Transport Ministry targets higher logistics performance ranking
By its own self-assessment, the Ministry of Transport and Logistics (MoTL) projects that the logistics efficiency of Ethiopia will stand at 114th position in...
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Ethio-Djibouti logistics giants ink deals to launch ‘sea-air’ logistics
The four cemented their agreements on a ceremony held on Thursday March 3 in Djibouti to harness the multimodal operation, ‘sea-air’ logistics.
Djibouti Ports and...
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Safaricom-Ethiopia preps for M-Pesa
Safaricom Ethiopia announces that it has started to purchase equipment to operate M-pesa in Ethiopia projecting to get a license in May. The consortium...
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Gov’t in talks with prospect railway investors
The government has been holding talks with European companies over the privatization of Addis Ababa-Djibouti Railway as part of its plan to privatize state-owned...
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Aysha Wind Farm to enter the national grid
Ethiopian Electric Power (EEP), which officially launched the first power generation from the national flagship project of the Grand Ethiopian Renaissance Dam (GERD), is...
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Bid for 200,000 MT of sugar opens after delay
Finally the Ethiopia Sugar Corporation (ESC) has opened the 200,000 metric tons sugar bid which has drawn one new comer and two regular bidders.
The...
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GERD officially starts power production
The national flagship project of Ethiopia, the Grand Ethiopian Renaissance Dam /GERD/officially starts its power production with its two turbines, as of today February...
