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.
Grant Thornton (GT), formed a joint venture with a local firm, AW Thomas Consulting to join Ethiopia's professional services market, Fortune reported.
GT firms in Oman and Yemen has entered into a joint venture agreement with AW Thomas Consulting to create Grant Thornton Ethiopia.
Great Lakes Private Sector Responsible Investment Roundtable was held in Ethiopia on Wednesday. The Forum was intended to explore on methods of responsible investment that can contribute to inclusive business and sustainable development. Success stories in Africa were also shared during the Forum.
