Ethiopia, France Forge Ahead on Renewable Energy Investment

Apr 24 , 2023


[ssba-buttons]

Ethiopian Finance Ministry officials met with French delegates today to address hurdles facing renewable energy investment and exploring ways to improve collaboration between public and private sectors. The meeting comes on the heels of a business climate report by the Ethio-French Business Club (CAFE), based on a study of over 50 French companies, conducted from September to December last year. Held at the Radisson Blu Hotel, on Marshal Tito Rd., the meeting was the third of its kind. The French officials have cited it as the latest indication of a strong bilateral relationship between the two nations. This follows Prime Minister Abiy Ahmed's visit to Paris in February. Organized by the Ethiopian Ministry of Finance and the Embassy of France, the meeting included virtual and on-site participation from key figures in both countries. Olivier Becht from the French Foreign Trade Ministry, William Roos and Agathe Blanchard from the French Treasury, and Re‌mi Mare‌chaux, the French Ambassador to Ethiopia, were among the French attendees. Representing Ethiopia were Eyob Tekalign (PhD) and Semereta Sewasew from the Ministry of Finance; Aynalem Nigusie from the Ministry of Revenue, and Girma Birru, a chief economic policy advisor to the Prime Minister.


Radar

Fresh Push to Help Farmers Get Covered & Cash In

The Ministry of Agriculture has established the Rural Finance Service Unit (RFSU) to coordinate and expand agricultural insurance nationwide. Announced on Tuesday at the 2025 UNDP Financial Resilience in Agriculture Community of Practice forum (held at the UN Economic Commission for Africa headquarters), the RFSU is supported by UNDP, JICA, and other partners with funding from the Bill & Melinda Gates Foundation. Agriculture Minister Girma Amente (PhD) and State Minister Sofia Kassa attended...


Radar

Mission 300 Gains Momentum as Ethiopia Charts Path to Energy Equity

The Government has developed a National Energy Compact with the goal of achieving universal electricity access by 2030. The strategy, led by the Ministry of Water & Energy (MoWE), outlines Ethiopia's commitment to reaching 100pc energy access for its population within the next five years. According to State Minister for Energy Development Sector Sultan Woli, the compact was prepared in collaboration with key development partners, including the World Bank Group and the African Development...


Radar

Rammis Bank Commences Mobile Application, Card Banking Services

Rammis Bank has launched its mobile banking application and card services as part of its digital expansion drive. The "Rammis Mobile App" was officially introduced during a launch event held on Saturday at the Grand Eliana Hotel. The app allows users to transfer funds at any time, pay bills, top up mobile airtime, and send money to telebirr wallets for themselves or others. The newly introduced card service enables customers to withdraw cash from any ATM and make payments via Point of Sale (P...