Ethiopia: Gibe III to be Inaugurated on Saturday
Construction of Gilgel Gibe III, one of Ethiopia’s hydroelectric dams, has been concluded and it will officially be inaugurated next Saturday.
Add a comment Add a commentConstruction of Gilgel Gibe III, one of Ethiopia’s hydroelectric dams, has been concluded and it will officially be inaugurated next Saturday.
Add a comment Add a commentKifya Financial Technology introduced new payment and ticketing service for travelers using cross state transit buses from Ethiopia’s capital. The system became operational on Saturday, December 10, 2016 and it has made Kifya in charge of the billing system for public transport across Ethiopia.
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Zemen Bank, one of the notable private banks in Ethiopia, disclosed it has registered a net profit of 203 million Birr in the past fiscal year. The performance is 33 percent higher than the bank’s achievements in 2014/2015.
Ethiopian Electric Utility (EEU) concluded a Memorandum of Understanding (MoU) with Chinese Huawei and China Electric Power Equipment Utility. The MoU is for the construction of a better power grid for Ethiopia.
Add a comment Add a commentEthiopia and Djibouti concluded an agreement in the aim of establishing a company that will manage Ethio-Djibouti Railway. The agreement was signed by Ahmed Shide, Ethiopia’s Transport Minister, and his Djiboutian counterpart, Mohammed Abdulkadir Musa.
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