(ENA) European Union Business Forum (EUBFE) has pledged to help Ethiopia to become a global investment hub and create conducive investment climate, according to Ministry of Finance.Ethiopian Finance Minister, Ahmed Shide held talks today with EUBFE del…
A consultative forum for the Mojo Common Sewerage Project is underway
Work is underway to make Mojo Leather Factory City (Leather Industry Village) to improve the country’s economy and job creation through the proper use of our country’s leather resources. The project is being designed to build a world-class common wastewater treatment plant and to transform the country’s role in Africa into a leader in order […]
Global Partnership for Ethiopia Pays 850 Mil USD Licensing Fee
(ENA) The new telecom operator in Ethiopia, Global Partnership for Ethiopia has paid 850 million USD licensing fee, according to Ethiopian Communications Authority (ECA). Ethiopian Communications Authority (ECA) Director General, Balcha Reba told ENA that remarkable work with due diligence had been done to bring private sector to the telecom and improve the service. Accordingly, […]
Solar Power Centers Inaugurated in Oromia
(ENA) Solar Electric Power Centers with a combined capacity of 950 KW were inaugurated in Ormoia Regional State of East Bale Zone today. Chief Regional Administration of Oromia, Shimels Abedissa and Minister of Water, Irrigation and Energy, Seleshi Bekele inaugurated the two Solar Power Centers. The new solar power centers built with a cost of 7 million Birr […]
AfDB President Pledges to Increase Support for Dev’t Projects in Ethiopia
(ENA)African Development Bank (AfDB) President Akinwumi A. Adesina has pledged to increase support for development projects in Ethiopia. Speaking at a fund raising event for Oromia Development Association (ODA) today, the president said “the African Development Bank has invested 1.7 billion USD in Ethiopia, and we are proud of it.” According to him, AfDB’s financial assistance […]
Ethiopia, World Bank Sign 250 Mln USD Financing Agreement to Bolster Basic Social Services
(ENA) The Government of Ethiopia and World Bank today inked a 250 million USD financing agreement in the form of a loan to bolster basic social services. The objective of the Enhancing Shared Prosperity through Equitable Services Program (ESPES) aims to improve equitable access to essential services for the whole population of Ethiopia by improving […]