Ginchi Power Station Inaugurated

Mar 20 , 2021


Last week saw the inauguration of Ginchi Power Distribution Station in West Shoa Zone, Oromia Regional State. Built at the cost of 8.4 million dollars, the station has the capacity to carry 100MW of power. Larson and Turbo, an Indian firm, has carried out the construction work, while MVV Energie, a German-Swiss consultancy, supervised the project. The power distribution station is expected to provide a steadfast supply to Ginchi and its surrounding area. Aggregate generation capacity in the country has grown from 814MW in 2005 to around 4,300MW currently. However, the increase in the power generation capacity has not been followed by a similar level of investment in the transmission grid and transformer substations. The poor service quality leads to a double cost for the economy, the need for industries and services to acquire diesel generators, and general dissatisfaction. The federal government has ambitious plans to boost its electric production to 30,000MW by the end of 2030.


Radar

Parliament Reviews Bill Allowing Foreign Property Ownership

A draft proclamation that would allow foreigners to own or occupy immovable property in Ethiopia has been submitted to parliament by the Council of Ministers. Designed to attract foreign investment, the draft law plans to ensure that Ethiopian citizens retain their right to land ownership and use. According to a statement from the Prime Minister's Office, the draft was among six agenda items discussed and approved during the Council's regular session held on May 2, 2025. The proclamation is e...


Radar

Speeding in the Spotlight as New Safety Drive Begins

The Road Safety and Insurance Fund Service has stated that drivers are responsible for 68 percent of traffic accidents in Ethiopia, with the remainder mainly caused by pedestrians and road conditions. On this topic, the service launched a one-month mass media campaign on last week focused on raising awareness about speeding, the leading cause of traffic accidents. The campaign, under the motto "Slow Down, Speeding Ruins Lives," plans to shed light on the dangers of speeding. Yohannes Lemma, E...


Radar

Askari Metals Secures Five Gold Licenses in Untapped Adola Belt

Askari Metals has acquired 100pc of Rift Valley Metals, gaining five gold exploration licences covering 460sqkm in Ethiopia's Adola Greenstone Belt, part of the southern Arabian-Nubian Shield, a mineral-rich but underexplored region. "The exploration areas—Sakaro, Sakaro West, Lega Dembi South, Megado, and Wayu Boda—lie near Ethiopia's top gold mines, including Lega Dembi and Sakaro, which have produced over three million ounces of gold. The area is known for orogenic gold systems hosted...