Ethiopia-China Cooperation Committee Bridges the Gap to Rural Electrification

Oct 2 , 2023

With hopes of scaling up the solar power capacity through a special vehicle funding system, the Ethiopia-China Cooperation Committee has a discussion with the Ethiopian Investment Commission (EIC) officials on its Light Up Ethiopia Villages program. Deputy Commissioner Temesgen Tilahun expressed his commitment to the realisation of the project and implementation of the wider engagement. China has been Ethiopia's largest source of investment for decades in addition to its grants and loans for several government projects. Its investors play a pivotal role in creating job opportunities and transferring technology in the country most of them still involved in industrial parks. Led by the Committee president Betty Xu (PhD) the project aims to increase the business and investment of Chinese enterprises and build an all-round high-end service platform between the two countries.


Premier Pushes Domestic Drug Production

A six-day domestic pharmaceutical production and innovation expo was inaugurated by Prime Minister Abiy Ahmed (PhD) last week. More than 110 local pharmaceutical manufacturers participated at the Millennium Hall on Airport Road. Recently appointed Minister of Health Meqdes Daba (MD), said local production of pharmaceuticals has become a cornerstone of health policy, which received approval from the Council of Ministers a month ago. However, a report from the Global Fund For Health last year r...


AfDB Lauds $8m for Solar Mini-Grid

Around half a million people foresee benefits from the pilot mini-grid built across nine sites in Amhara, Oromia, Sidama, and the Southern regional states. African Development Bank Group has approved eight million dollars in finance to support the project under the Distributed Renewable Energy & Agriculture Modalities (DREAM) program. The DREAM project, with a total budget of 20 million dollars through concessional loans, grants, and risk mitigation, will cover half of the mini-grid capital...


Parliament Approves $275m Loan for Urban Project

A  275 million dollar loan agreement was approved by Parliament last week, to support the second phase of the Urban Water Supply & Sanitation Project. Set to be implemented over the next three years, the project follows negotiations between Ethiopia and the International Development Association (IDA). The Chief Whip Tesfaye Beljige (PhD), presented details of the loan agreement to lawmakers and said that the project focuses on enhancing the supply of clean drinking water and improving sa...