EEP Awards Companies to Drill Geothermal Project

Mar 2 , 2019

Ethiopian Electric Power (EEP) signed an agreement with two Chinese and Kenyan companies for a 70MW geothermal energy drilling project. Shandong Kerui Oilfield Service Group, Shandong Kerui Oilfield Service Group Co. Ltd., and the Kenyan Electricity Generating Company are the companies that partnered with EEP. EEP said the three firms are expected to supply drilling materials as well as drill wells for possible geothermal energy sources at the Aluto-Langano geothermal project in central Ethiopia. The companies will drill 22 wells initially to probe the geothermal energy generation potential. The Aluto-Langano geothermal project, which will cost up to 173.2 million dollars, is a part of the government’s plans to generate up to 5,000MW of geothermal energy in the coming years. Currently, Ethiopia produces only 7.3MW of geothermal energy.


Ethiopian Seafarers Contribute $50m Annually in Remittances

Ethiopian Maritime Authority disclosed 50 million dollars in annual remittances from seafarers deployed internationally. Abdulber Shemsu, the director general of the Authority, said Ethiopia's membership in the International Maritime Organisation (IMO), establishes global standards and guidelines for safe, secure, and environmentally sustainable shipping practices. With 176 member countries and three associate member countries, including Ethiopia, the IMO provides a framework for ensuring...


AfDB Launches $1.5m Initiative to Propel Agro-Industrial Parks

A 1.5 million dollar initiative for the development of three Agro-industrial parks was commenced last week. Financed by the African Development Bank (AfDB), the project includes feasibility studies, a master plan, and an environmental and social impact assessment. The Phase Two project, which includes capacity building for stakeholders, was initiated last week with an agreement between Semereta Sewasew, state minister for Finance and Gunther Beger, managing director of UNIDO. Semereta said...


Cabinet Approves Public Service Legislation

Council of Ministers has unanimously approved the legislation that aims to raise the competency and professionalism of public service in the country. The Federal Civil Servants Proclamation is pending ratification from Parliament. The decision was made during the 30th meeting of the Cabinet last week, which follows the ratification of the public service and administrative policy. Currently, the 176 federal agencies within 22 ministries, collectively employ around two million people. The polic...