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Adama Gets First Biodiesel Plant

Dec 5 , 2018

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Africa Power Initiative, a renewable energy company, launched the first biodiesel processing and manufacturing plant yesterday in Adama Industrial Park, Oromia Regional State. The plant has a production capacity of 70 million litres of biodiesel annually. The company envisions opening nine additional factories by 2025, with a maximum total production of 730 million litres of biodiesel. “The road to this day was very challenging,” said Markos Bitew, CEO of the company. “I have sacrificed more than 10 years of my life to open the factory.” The company plans to be economically influential in the horn of Africa by generating billion of dollars in foreign currency.

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Somali Region Advances Budget Independence as Revenues Rise

Somali Regional State is moving closer to fiscal independence, with nearly half its budget now funded locally. Officials point to rising agricultural output and stronger tax enforcement as key drivers behind growing revenues. The region plans to cover 32.5 billion Br from its own resources in the upcoming fiscal year. Communication Head Mohammed Abdi credited last year's tax collection of 18 billion Br, exceeding the 17 billion Br target, to agriculture, khat, and other taxable goods. The reg...

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Environmental Protection Authority Shuts Down Polluters

Addis Abeba's Environmental Protection Authority (EPA) has taken enforcement action against 3,249 manufacturers and service providers found violating environmental standards in the 2024/25 fiscal year. The violations, ranging from air and noise pollution to improper waste disposal, were identified during inspections of 14,872 businesses citywide. Penalties included warnings and closures, with shutdown orders issued to six plastic factories, 23 block factories, a soft paper plant, 102 nightclu...

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Ministry Mandates Full Electronic Clearance for Top Taxpayers

Taxpayers under the Ministry of Revenues' Medium No. 1 branch will have to ditch paper filings and switch entirely to the e-Clearance system for non-audited services starting August 1, 2025. The mandate, routed through the Ministry's e-filing portal, is pitched as part of a broader push to modernise tax administration and advance the government's digital agenda. Officials say the platform lets users process clearance requests remotely via the Fayda national ID, cutting out manual paperwork. A...

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