Electric Utility Employs ERP for $59m

Feb 1 , 2020


Ethiopian Electric Utility (EEU) has purchased SAP's enterprise resource planning (ERP) software for 59 million dollars. The system was launched on Saturday, February 1, 2020, in the presence of Shiferaw Telila, CEO of EEU, and Getahun Mekuria (PhD), minister of Education and chair of the board of directors of EEU. Tech Mahindra Ltd, an Indian global information technology firm, installed the system. The first phase of the project has been finalised with a 46-million-dollar loan secured from the World Bank. The second phase involved license and maintenance support for 13 million dollars from the government's coffer. The project that took three years to be finalised includes implementation of SAP applications for sales, billing, finance, service management and procurement. About 3,183 employees of the EEU also took training for the system. EEU was established after the split of Ethiopian Electric Power Corporation (EEPCo) into two entities: Ethiopia Electric Power (EEP), which is in charge of power generation, and EEU, which is in charge of distribution.


Radar

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...


Radar

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...


Radar

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...


Back
WhatsApp
Telegram
Email