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.


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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...


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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...


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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...


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