FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




City Welcomes Continental Engineering Conference

Nov 12 , 2022


[ssba-buttons]

Engineers, consultants, contractors, and industry representatives from African countries have descended to the capital, attending a three-day conference themed “Accelerating Sustainable Infrastructure Development in Africa Together.” Organisers say the conference focused on capacity building, filtering significant investments, improving infrastructure, and accelerating continental free trade zones and ICT. Country representatives from the energy, transport, water, and sanitation sectors have also presented their ongoing and completed projects. The African Engineering Week was officially launched last week with the presence of Sahle-Work Zewde, president of Ethiopia; Abraham Belay, minister of Defence; Ayisha Mohammed, minister of Irrigation & Lowland. Held at the newly inaugurated Science Museum in the capital, on Menelik Avenue, the eighth edition of Engineering Week and sixth Africa engineering conference was organised by the Ethiopian Association of Civil Engineers in partnership with the Federation of African Engineering Organisations, the World Federation of Engineering Organisations, and UNESCO.


Radar

Parliament Receives $237m Development Loan Package

The Council of Ministers forwarded two concessional loan agreements totalling 237.3 million dollars to Parliament for ratification, targeting rural infrastructure and food security. The package includes 46.3 million dollars from the African Development Bank (AfDB) for climate-resilient infrastructure in pastoralist regions. A second credit facility of 191 million dollars (146.1 million SDR) from the International Development Association (IDA) is earmarked for the sixth phase of the Productive Sa...


Radar

MoTRI to Overhaul Consumer Protection Rules Following Cabinet Approval of Trade Policy

The Council of Ministers, led by Prime Minister Abiy Ahmed (PhD), approved Ethiopia's first unified trade policy last week, ending a three-year deliberation period to fill a decades-long regulatory vacuum,. This institutional milestone mandates the Ministry of Trade & Regional Integration (MoTRI) to overhaul consumer protection frameworks, specifically requiring a rigorous revision of the Trade Competition and Consumer Protection Proclamation to eliminate market distortions and the prolifera...


Radar

Regional Power Exports Yield $366m as Capacity Hits 9.6GW

Ethiopian Electric Power (EEP) generated 365.99 million dollars from regional exports in the first nine months of the fiscal year as national capacity reached 9,579MW. The revenue followed the sale of 24,940GWh, representing 91pc of gross generation. Hydropower remains dominant, providing 9,500MW. To diversify assets and mitigate climate risks, the utility integrated the 100MW Asela Wind Power Project. The transmission network has expanded to 148,600km to secure domestic industrial supply and...