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Ethiopian Water Project 90% Complete

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Category: Construction, Steel and Cement

The Tendaho Drinking Water Supply Project, Ethiopia is 90% complete according to Kumelachew Abebe, Communications and Public Relations Process Owner with the Ethiopian Water Works Construction Enterprise.

The project is expected to take 97 million birr and will be utilized by the nomadic Afar peoples and the employees of the Tendaho Sugar Development project, a total of almost 70,000 people in the area around the project.

The Tendaho Dam and Irrigation Project management buildings, also being constructed by the EWWCE, are also 90% complete at an estimated cost of 200 million birr said Kumelachew.

Last Updated on 14 August 2013
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Ethiopian Wind Farm Project Near Completion

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Category: Energy and Mining

The Adama wind power project being developed at a cost of 117 million US dollars in Ethiopia is nearing completion.

The project was launched in June of last year and is expected to be finalized by the coming June according to Miskir Negash, Head of Public Relations with the Ethiopian Electric Power Corporation.   

The wind farm will have a potential capacity of 51 MW with a total of 34 towers each generating 1.5 MW said Miskir.

Last Updated on 14 August 2013
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Ethiopian Wind Power Potential Studied

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Category: Energy and Mining

Ethiopia has wind power potential that could potentially generate more than one million MW of electricity according to a study.

The first draft of the master plan study carried out by Hydro China Corporation assessed the nation’s potential wind and solar energy said Xu Lushi representing the company.

Wind and solar energy has great potential to meet the growing energy demand and to reduce global warming he noted.

Last Updated on 14 August 2013
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Ethiopian Windfall Tax to Supplement Budget

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Category: Latest Business Alerts

The windfall tax Ethiopia collected from commercial banks after the devaluation of the birr last year is to be used to supplement the budget of the Ethiopian Roads Authority and the Ministry of Education.

The Ministry of Finance and Economic Development allocated 3 billion birr the ERA and 1 billion to the MoE. The bill allocating the supplementary budget was approved by the Council of Ministers and referred it the House of Peoples Representatives which referred it to the Budget and Financial Affairs Standing Committee.  

If the committee approves the supplemental budget ERA’s budget will increase to 20.5 billion which is 177% more than the 7.1 billion birr the authority was allocated in 2008-09.

Last Updated on 14 August 2013
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Ethiopian wins Africa Lease Deal of the Year 2018 Award

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Category: Latest Business Alerts

Ethiopian Airlines, the largest Aviation Group in Africa and SKYTRAX Certified Four Star Global Airline, is pleased to announce that it has won the Aviation 100 “Africa Lease Deal of the Year 2018” award by Airline Economics Magazine during the Airline Economics Growth Frontiers Dubai 2018 conference gala dinner.

Last Updated on 17 October 2018
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