George Shoe Corporation Plc, a Taiwanese company operating in Ethiopia, exported 15,000 pairs of ladies shoes on Tuesday, June 10, 2014. It was the first time for the company to export its products.
The Taiwanese George Shoe Corporation also known as George Gloria Group (3G) is to erect another manufacturing plant in Ethiopia worth USD 120 million, The Reporter reported.
Ethiopia’s largest dam project, Grand Ethiopian Renaissance Dam (GERD), is set to start generating hydroelectric power in the current fiscal year as it has now reached 62 percent completion rate.
Grand Ethiopian Renaissance Dam (GERD) installed capacity has been increase by 450 megawatts following improvements made on the design. This increase the dam’s total installed capacity to 6450 megawatts.
The Abay Dam is nearing completion, with significant progress on both electricity generation and the overall project.
