Ethiopia Earned 2.86 Billion USD from Export Trade
Ministry of Trade disclosed Ethiopia generated 2.86 billion USD from the export sector in the just concluded fiscal year.
Add a comment Add a commentMinistry of Trade disclosed Ethiopia generated 2.86 billion USD from the export sector in the just concluded fiscal year.
Add a comment Add a commentEthiopian Electric Power (EEP) disclosed Gilgel Gibe III hydroelectric project has commenced generating power. According to the CEO of EEP, Azeb Asnake (Engineer), the plant for the time being is generating 800 megawatts of electric power.
Add a comment Add a commentEthiopia is targeting to produce more than 65 tons of gold in the just started fiscal year from 3 different states, even if gold export fell to meet its target last fiscal year. The production is said to take place in State of Tigray, State of Oromia and State of Benishangul Gumuz.
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Ethiopia’s national flag carrier, Ethiopian Airlines, partnered with United Arab Emirates (UAE) based hospital, Ras Al-Khaimah (RAK) Hospital. The partnership is to facilitate specialized treatments and health checks for medical tourists from the African continent.
The telecom monopole in Ethiopia, Ethio Telecom, requested the government to expand to some parts of Eastern Africa.
Add a comment Add a commentEthiopia’s Ministry of Mines, Petroleum and Natural Gas (MMPNG) is negotiating with the Chinese company POLY – GCL Petroleum Group for the construction of Ethio-Djibouti natural gas pipelines.
Add a comment Add a commentEthiopian Roads Authority (ERA) aims to construct as well as maintain around 23,000 kilometers of road across Ethiopia during the just started fiscal year.
Add a comment Add a commentEthiopia secured a 75 million Euro loan from France after concluding a loan agreement. The loan is said to be utilized for building the National Load Dispatch center with its back up replica and Bus Rapid Transit.
Add a comment Add a commentMinistry of Mines, Petroleum and Natural Gas disclosed Ethiopia made 309 million USD from the sales of different minerals in the international market.
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Ethiopian Airlines has contracted Lufthansa Technik to provide comprehensive component support for the airline’s future Airbus A350 fleet. The corresponding Total Component Support TCS agreement will run for a period of ten years and includes 14 aircraft. The contract comprises component maintenance, repair and overhaul as well as access to a pool of spares.