The Economist Ethiopia Summit Kicks Off in Addis Ababa
The Economist Ethiopia Summit kicked off on Wednesday, October 29, 2015, in Addis Ababa, The Daily Monitor reported.
The EEPCO Seeking Alternative Financing for Hydropower Plant
The Ethiopian Electric Power Corporation is seeking an alternative financier for the construction of the Chemoga Yeda 
Hydropower Plant being constructed in the Amahara Regional State.
The power corporation is seeking alternative financing because the project is behind schedules due to financial constraints according to sources.
Initial projections established by the contract signed between the EEPCo and the Chinese Sinohydro Corporation that the project would cost 555 million US dollars to completion. The project was intended to be carried out in two stages generating a total of 278 MW when its complete.
The Eleventh Aviation Stakeholders Convention to be Held in Ethiopia
Ethiopian Airlines and African Airlines Association (AFRAA) will jointly organize the 11th Aviation Stakeholders Convention which will be held in Ethiopia under the theme “Changing the African Narrative” starting from May 7, 2023, for three days with the help of the Ethiopian Ministry of Transport and Logistics.
The Ethiopian AISE Issues Tender for Fertilizer
The Agricultural Inputs Marketing Enterprise, Ethiopia issued tenders for the purchase of 310,000 tons of fertilizer. The tender is to be opened on the 17th of January 2011 for the coming Ethiopian harvest season.
The government plans to purchase 78,000 tons of Urea and 232,000 metric tons of Dap.
International fertilizer suppliers are in the process of purchasing the tender documents from the AISE.
The Ethiopian Defense Ministry to Set Up Army Bank
The Ethiopian Ministry of Defense is to launch a financial wing. The ministry is undertaking preparations to launch banking operations during the current fiscal year according to Siraj Fegessa, The Minister of Defense.
The plan to launch the Army Bank was announced on Wednesday while Siraj presented the quarterly performance report and the current financial year to the Foreign Defense and Security Standing Committee of the Parliament.
The Ministry has established a steering committee established to discuss the issue with the National Bank to execute the plans for the Army bank said Siraj.
