The Beles-Jawi electric power transmission line project in Ethiopia's Amhara region was inaugurated yesterday. The project is built at a cost of built with a cost of 387 million birr and sports nine power transmission lines. Inaugurating the project were Seleshi Bekele, Ethiopia's Minister of Water, Irrigation and Energy, and Agegnehu Teshager, Chief Administrator of the Amhara region.
Ethiopia's Bishoftu Electric Power Distribution Station Project, built at a cost of $25 million, is now ready to go operational. The station is endowed with a potential of 400/230/15 kilovolt.
Ethiopia's biggest airport at the capital Addis Ababa, Bole International Airport, is having a record number of international passengers travel through it, serving as the major gateway to Africa.
Ethiopia’s bonds are the best-performing sovereign debt in emerging markets this year, atop 80 developing nations, Bloomberg reported, following a drastic improvement in the security situation in the country. The bonds have rebounded to six cents on the dollar since January 26.
Buusaa Gonofaa, a microfinance institution in Ethiopia's Oromia region has been named a finalist for the European Microfinance Award. The prestigious annual award hands €100,000 for the winner and €10,000 for the runners-up.
