The Ministry of Water and Energy is planning to develop a legal framework to facilitate private investment in renewable energy generation and distribution. In collaboration with the International Solar Alliance, the Ministry held a consultation in Addis Ababa this week, to promote the widespread adoption of solar energy in the country and mobilize resources for the development of these legal frameworks.
Kifiya Lehulu, a financial technology private company, entered into a contract with the Ministry of Communication and Information Technology (MoCIT) and the Ethiopian Broadcasting Corporation (EBC) to set up an electronic system to collect icense fees from one million TV owners in Addis Ababa this year. .
Kifiya Financial Technology, a subsidiary of the US based Global Computing Solution Plc (GCS), has been hired by Ethiopian Broadcasting Corporate (EBC) to collect license fees from television owners.
East African Holding Group announced that the Lemi National Cement Factory, with a daily clinker cement production capacity of 10,000 tons, will be completed in March.
Ethiopia's cement industry is poised for growth with the upcoming launch of the Lemi National Cement Factory. Expected to begin production in two months, the factory is projected to fill a major gap in the country's cement supply. At full capacity, Lemi will produce 6.4 million tons of cement annually, nearly doubling Ethiopia's current production.
