Ethio-Djibouti Rail Transports 1.5 Million tns of Goods

May 29 , 2021

Ethio-Djibouti Standard Gauge S.C. has managed to transport 1.45 million tns of goods in the current fiscal year. Operation, which had been halted due to the COVID-19 pandemic, has resumed with the railway line transporting 400 people a day. The 750Km long railway line, which connects Addis Abeba to the Port of Djibouti, was built by the China Civil Engineering Construction Corporation (CCECC) and China Railway Engineering Corporation (CREC) at a cost of 4.2 billion dollars, financed largely by the Export-Import Bank of China. A few weeks back, the share company graduated 34 captains who have undergone a series of trainings in Ethiopia as well as in China.


Ministry Ponders Tax Waivers for Rural Energy Solutions

Tax exemptions for off-grid energy technologies like solar pumps and mini-grids are under discussion, spearheaded by the Ministry of Water & Energy. Commonly used by rural households, officials disclose their simultaneous plan to develop 300 mini-grids in the next six years. According to Birhanu Weldu, the lead executive of rural energy technology development, the initiative tackles the country's low electrification rate and reliance on charcoal and firewood. Charcoal, fuel wood, and...


Rural Land Proclamation Comes to Light

A landmark legislation that grants title holders in rural areas the right to use the property as collateral was unanimously ratified by Parliament last week. It primarily focuses on extending access to finance for farmers and pastoralists, through a structured land title system. It also introduces criminal penalties for the illegal transfer of property. Replacing the 18-year-old proclamation for rural land management, the law sentences individuals engaging in land invasions and unauthoris...


Ethiopian Unveils $50m Domestic Terminal Renovation

With a rising demand for domestic travel, Ethiopian Airlines has renovated its terminal at Addis Abeba Bole International Airport with 50 million dollars to handle customers. The expanded terminal has doubled its previous size to 25,750Sqm and accommodates 200 daily flights to and from 22 domestic destinations. It includes four contact gates, 10 remote departure gates, 22 check-in counters with automated baggage screening systems, shops and restaurants. The terminal also features a dedica...