City Inks 9.3m Euro Deal to Improve Water Sanitation

Nov 14 , 2020

The Addis Abeba Water & Sewerage Authority has inked an agreement for 9.3 million euros with Vitens-Evides International to improve water sanitation and supply. The new agreement applies to water projects on Legedadi and Dire water dams. The project will also entail basin development and equitable use of water that passes through different regions. The project aims to improve the water-containing capacity of Dire and Legedadi dams and work on protecting soil in basin water areas. In addition to this, the project will also focus on helping communities that live around basin areas and Legdadi and Dire river dams through establishing market-based opportunities, according to a statement from the City Administration. The project, scheduled to last five years, is expected to benefit close to 10,000 people living around the two dams and another 90,000 people living in the five cities that encircle the two dams, namely Akaki, Burayu, Gelan, Sululta and Sendafa.


Geda Special Economic Zone Receives Prospective Tenants

East African Holding and Ethio-Chicken have been shortlisted to invest in the Geda Special Economic Zone(GSEZ), located in the tri-state area shared by Mojo, Adama, and Shashemene cities within the Oromia Regional State. The two companies were selected from 120 investors who showed interest in acquiring space in one of the largest SEZs in Africa. Close to 404hct of land has already been developed in the expansive economic zone, out of a potential 24,000 hectares, with lease prices set between...


Standard Institute Revamps Fees, Board Restructuring

The Ethiopian Standards Institute (ESI) is set to introduce fees for standards sticker, establish a new governing board, and address collaboration with other regulatory bodies. The Institute plans to strengthen its financial standing by charging fees for standards and product certification services to support its operations and annual budget. A key change involves replacing the current Council of Standards with an 11-member Board of Directors. The Minister of Trade & Regional Integration...


Safaricom Ethiopia Rolls Out its Network to Tigray

With 125 self-built towers, Safaricom Ethiopia has launched its operations in the Tigray Regional State. Executives disclosed plans to invest in an additional 166 towers and expand their reach to the remaining towns. "This is the most exciting milestone in Tigray since the return of social services," said Getachew Reda, president of the Interim Regional State Administration. In July 2021, the consortium-backed telecom giant entered Ethiopia's market, historically dominated by state-owned E...