Four Firms Secure Deal to Electrify Rural Towns

Jun 1 , 2019


The government hired three Chinese and one Spanish firm for 12 small-scale solar energy development projects. The companies, hired by the Ethiopian Electric Utility, will be electrifying 67,700 rural homes in all parts of the country. The projects will be built in three areas of Oromia Regional State, two areas in Amhara and Southern Nations & Nationalities Peoples’ regional states each, and one each in Somali, Tigray, Afar, Benishangul Gumuz and Gambella regional states. The projects are jointly financed by the World Bank and the government of Ethiopia, which raised 8.5 million dollars and 59.6 million Br, respectively. About 25 projects are in the design phase, and the African Development Bank (AfDB) has approved 15 million dollars in loans and 100 million dollars in credit grants for these projects. The World Bank Group approved 400 million dollars of credit grants for solar power development projects. The World Bank has also provided loans and grants worth 375 million dollars for the first phase of the National Electrification Program launched in 2017, aimed at both integrated grid and off-grid electricity access with the latter to comprise 35pc by 2025.


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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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