2merkato

Dire Dawa University is getting ready to build a technology institute with three billion Birr cost, according to Ethiopian News Agency.

A round table of public partnership in developing commercialization of appropriate technologies was held at Sheraton Addis on October 22, 2013.

The event was organized by the World Intellectual Property Organization (WIPO) in cooperation with the Ethiopian Intellectual Property Office (EIPO) and with the assistance of the Korean Intellectual Property Office (KIPO).

Djibouti declared it is to cut port tariffs by 82.5 percent for Ethiopia's exports due to the coronavirus pandemic.

Djibouti inaugurated a new port intended mainly for exporting potash from another Horn of Africa nation, Ethiopia. The port is the second of 4 new ports that Djibouti has been constructing in the aim of bolstering its position as a continental hub.

Leaders from Ethiopia and Djibouti inaugurated the substation linking Djibouti to the Ethiopian power grid on Wednesday. It was described as a milestone in linking the economies of the two countries by Meles Zenawi, Prime Minister of Ethiopia.

More than 90% of the project was financed by loans and grants from the African Development Bank (AfDB). The project is thought to be very crucial to Djibouti which generated energy from diesel generators.

The memorandum of understanding for power purchase agreement was signed in April 2008 but it took two years to finalize the 25-year agreement.