Infrastructure

Ethiopia & Djibouti Concluded Electric Power Interconnection Agreement

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 comment

Read more...

Ethiopian Roads Authority Signed Contract for 91.1km Road Upgrade

The 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 comment

Read more...

ERA to Launch 135km Asphalt Road Project

The 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 comment

Read more...

Ethiopian Airports Enterprise Finalizing Expansion and Upgrading Projects

Ethiopian 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.

The Enterprise awarded the project to the Chinese, Road and Building Construction Company (CRBC) and Transport Construction Design Share Company (TCD) as consultant for the project. Add a comment Add a comment

Read more...

Exchange Rates

Selling
Buying
USD 29.9569  29.3695 
GBP 36.8826  36.1594 
EUR 33.2881  32.6354 
CHF 28.8512  28.2855 
CAD 20.5823  20.1787 
AED 7.3802  7.2355