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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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Revenue Drive Intensifies Following 900 Billion Br Milestone

The Minister of Revenue announced plans to collect 1.28 trillion Br in the upcoming fiscal year. This announcement was made during a discussion forum organised by the Ministry of Revenue (MoR) and the Customs Commission, which included senior leaders, employees, and relevant stakeholders. The event, themed "We will achieve our mission through coordinated leadership and active participation of employees," served as the platform for this important announcement. According to the ministry, they s...

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Parliament Endorses Electoral Law Change Tying Party Support to Member Contributions

Federal legislators have ratified a contentious amendment to the Ethiopian Electoral, Political Parties' Registration, and Elections Code of Conduct Proclamation, revising the criteria political parties must meet to access government funding. The revised proclamation requires political parties to secure at least 20pc of their income from membership contributions in order to qualify for government grants. The clause passed with a majority vote in parliament, with two votes against and four abs...

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City Unveils Major School Expansion Across 11 Districts

Addis Abeba City Administration has launched 150 education projects valued at over 5.2 billion Br ahead of the 2026 academic year. Spread across the capital's 11 districts, the rollout includes 14 newly built schools and upgrades to 64 existing facilities, adding 1,655 classrooms alongside ICT labs, libraries, and sports fields. City officials say the investment is part of efforts to improve access and quality of education, with infrastructure designed to accommodate students with disabilitie...

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