Ethiopia: Power Station Built at an Outlay of 251 Million Birr Goes Operational
Electric power distribution station built at an outlay of 251 million Birr in Jimma town, Oromia state, has started giving service.
Ethiopia: Power Supply to Adama Industrial Park Improves
Adama Industrial Park’s power supply has been improving after a newly built electricity distribution station was inaugurated in Adama a few months ago. The station built at a cost of USD 13.5 million distributes 250MW of electric power in Adama.
Ethiopia: PPDS Earned 120 Million Birr
Ethiopia’s Federal Public Procurement and Property Disposal Service (PPPDS) disclosed it generated about 120 million Birr from the sale of disposable vehicles.
Ethiopia: PPESA Earned 1.7 Billion Birr
The Privatization and Public Enterprises Supervising Agency (PPESA) announced that it has earned 1.7 billion birr from privatization of state-owned enterprises, previous sales arrears and state dividend from privatized companies, according to The Ethiopian Herald.
Ethiopia: PPESA Privatization Auctions Fails to Attract Bidders
Ghion Hotel and other four state-owned enterprises put up for sale by the Ethiopian Privatization and Public Enterprises Supervising Agency (PPESA) have failed to attract bidder, Fortune reported.
In addition to Ghion Hotel, PPESA has also floated Weyra Transport S.C, Transport Construction Design S.C, Agricultural Mechanization Service Enterprise and Artistic Printing Enterprise. All enterprises except Weyra Transport has been on the privatization auction block previously.
