Ethiopian Electric Utility has laid a foundation stone for the building of its 36-storey headquarters. The building, to be built at an estimated cost of 1.2 billion birr, rests on 4,500m2 and takes four years to complete.
The Ethiopian Electric Utility (EEU) and the China Civil Engineering Construction Corporation (CCECC) have recently entered into a contract to establish a cutting-edge technology center in Kotebe sub-city, Addis Ababa. The center, to be constructed on EEU premises, carries a price tag of Birr 9,341,596,232.
With a vast customer base exceeding 4.6 million nationwide, comprising over 3.75 million post-paid users alongside 900,000 prepaid customers, EEU revealed that it was working towards enhancing its technological infrastructure. The company is poised to address long-standing challenges for its prepaid customers and enhancing convenience through the development of a cutting-edge technology center valued at USD 48 million.
Ethiopian Electric Utility (EEU) announced it has provided access to electricity for 46,603 households during the 30-day period since February 8, 2022. The figure has risen by 34 percent compared to the same period last year, with additional 15,768 households benefiting, EEU related.
The Ethiopian Embassy in China hosted the first-ever virtual trade and investment forum on the development of the pharmaceutical sector in collaboration with Beijing Bei Mao Jing Yuan Health Consulting Company. More than 45 companies and 100 participants attended the forum.
Ambassador Teshome Toga, Ethiopian Ambassador to China, stated that the forum aimed to encourage Chinese companies to invest in Ethiopia by promoting Ethiopia’s special focus on the pharmaceutical sector. The Ambassador called on Chinese companies to visit and invest in Ethiopia.
