500 investment projects with a total capital of 5.3 billion Birr were licensed in the first quarter of the current fiscal year by Amhara State, Ethiopia. Among these projects 24 of them have gone operational and they have created job opportunities for more than 2000 people.
Add a comment Add a commentThe contractors of Genale Dawa III hydroelectric power project brought in new tunnel boring machine (TBN) to enhance drilling work of headrace tunnels. The machine is going to replace explosives, which the project is using now.
Add a comment Add a commentAccording Central Statistics Agency (CSA), Ethiopia’s year on year inflation has rose to 7 percent in November. The inflation rate in the October was 5.6 percent.
Add a comment Add a commentAddis Ababa City Beautification and Administration Agency made a purchase of 20 dry waste loading trucks at an outlay of 105 million Birr. 10 of these trucks are going to be used for compacting and transporting 100 meter cubic dry waste while the other 10 will clean Ethiopia’s capital asphalt roads during the night time.
Add a comment Add a commentTanzanian power utility disclosed that it anticipates to start importing electricity from Ethiopia by 2019.
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