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Ethiopia Joins Renewable Energy Project

August 3 , 2019

Ethiopia Joins Renewable Energy Project

Ethiopia has partnered with Sri-Lanka and China in the Trilateral South-South Cooperation that will focus on enhancing access to renewable energy at a cost of 2 million dollars. The project seeks to promote sustainable energy solutions by focusing on demonstrating the applicability of bio-gas and solar photovoltaic technologies for communities in Ethiopia and Sri Lanka. The cooperation, which is part of the global commitment to achieve the Sustainable Development Goals (SDGs), was announced in Addis Abeba on July 31, 2019. The Ministry of Commerce of China will finance the three-year project, with Ethiopia and Sri Lanka each getting one million.

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Leather Industry Struggles to Meet Expectations

The struggling leather industry managed a little over 33 million dollars in export earnings over the first 10 months of the financial year. It is less than half of officials' aspirations to generate 69 million dollars over the same period, and highlights the troubles faced by the industry over the past few years. Exports from finished leather goods plunged 72pc last year from three years ago. Only eight finished leather manufacturers accounted for 89pc of last year's export earnings, sh...

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Corporation Calls on Suppliers for 200,000tn Sugar Procurement

Executives of the Ethiopian Sugar Corporation have taken steps to procure 200,000tn of sugar from international suppliers. The Corporation had invited shortlisted companies to submit offers, after an attempt to procure the sugar through an international tender went awry. However, officials at the Ministry of Finance instructed its executives to scrap the invitation and proceed to float a second bid. The shortlisted suppliers have also been invited to take part in the bidding process. T...

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Youth in the National Theatre area are waiting for the bus to start moving. They have found a handle to grab and accelerate them ones its starts moving as they ride their skateboard. Although skateboarding is nearly unheard of in Ethiopia, over the past few years, young people have developed a taste for it. Safety, though, leaves a lot to be desired...

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