Ethiopia and Djibouti concluded a two billion dollar electric power interconnection agreement. The agreement was signed on 3 July 2013 at the Addis Ababa Hilton during the 12th Joint Ministerial Meeting. The agreement is the second of its kind signed between the two countries.
Tedrose Adhanom, Ethiopian Foreign Minister and his Djiboutian counter part signed the agreement. Add a comment Add a commentThe Ethiopian Roads Authority has signed a contract with a Chinese contractor for the upgrade of the 91.1km long Mizan-Dima road, which links Ethiopia with South Sudan. The agreement is signed today, 5 June 2013 in Addis Ababa, Ethiopia.
The 1.1 billion Ethiopian birr project cost will be covered by The Ethiopian government and the World Bank. Add a comment Add a commentThe Ethiopian Roads Authority has finalized Preparation to construct the 135km long Debreberhan-Ankober-Dulecha-Awash Arba asphalt road, which is part of the fourth road sector development program.
The Authority's Communication Directorate told Ethiopian News Agency that the road will be constructed at a cost of 2.5 billion Ethiopian birr. Add a comment Add a commentConstruction work on the 1,068km long Kenya-Ethiopia transmission line project will commence in September 2013.
The Eastern Electricity Highway Project which cost USD 1.26 billion is expected to provide cheap power to Kenya from Ethiopia's hydro-electric plants.
Add a comment Add a commentEthiopian Airports Enterprise is finalizing expansion and upgrading works of its facilities at several locations. Upgrading works at the Bole International Airport, the largest project consuming a total of 1.2 billion Ethiopian birr, will be completed in the coming few months,according to Wondim Teklu, Public Relations Head with the Enterprise.
| USD |  |
40.1150 | 39.3284 |
| EUR |  |
48.7517 | 47.7958 |
| GBP |  |
52.2660 | 51.2412 |
| CAD |  |
28.6331 | 28.0717 |
| AED |  |
9.8827 | 9.6889 |
| CHF |  |
43.0835 | 42.2387 |
