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.
Ethiopia plans to build 40 intersections in its capital Addis Ababa, in a bid to ease traffic jams in the City which is being made worse with the ever-growing population. Addis Ababa City Road Traffic Management Agency will hire a consultant to study, design and supervise the construction of the intersections with tender notice already served.
