GPB Global Resources to Begin Oil Exploration Project in Afar
Russian oil and gas company named GPB Global Resources is to make a start on oil exploration project in the Afar Regional State of Ethiopia, The Reporter reported.
Russian oil and gas company named GPB Global Resources is to make a start on oil exploration project in the Afar Regional State of Ethiopia, The Reporter reported.
The Grand Ethiopian Renaissance Dam (GERD), Ethiopia's mega project on the Blue Nile, has started generating power at 375MW with its first turbine.

The Grand Ethiopian Renaissance Dam (GERD) has surpassed expectations, generating over 2,700 gigawatt hours (GWh) of electricity in the last ten months, according to the Ethiopian Electric Power (EEP). This figure marks a 26% increase over the initial target of 2,152.8 GWh.

The Benishangul Gumuz region has seen an increase in fish production, with the Grand Ethiopian Renaissance Dam (GERD) Lake emerging as a primary source for the burgeoning industry. The Regional Agriculture Bureau reported that in the 2024/25 fiscal year, fish production surpassed Birr 5,895 tons, with over 95 percent of the yield harvested directly from the dam's waters.
The Grand Ethiopian Renaissance Dam (GERD) constructed over the Blue Nile River (Abay) will start producing 700 MW of electric power by the next year, according to The Reporter.