MetEC Receives New Boss

Mar 14 , 2020

Prime Minister Abiy Ahmed (PhD) appointed Hiwot Mosisa, state minister for Transport, to head the state-owned Metals & Engineering Corporation (MetEC). Hiwot replaces Ahmed Hamza (Brig. Gen.), who was switched to lead the Defence Engineering Industry Corporation. Last month the regulation that was approved by the Council of Ministers split MetEC into two parts - commercial and defence. The commercial wing will engage with the manufacture of tractors, trucks, buses, television sets, energy meters, turbines, construction machinery and engines among many other products. While the military one will be tasked with producing armoured vehicles, personnel carriers, assault vehicles, ambulances and command and surveillance vehicles MetEC was established a decade ago at the initiative of the late Prime Minister Meles Zenawi to be a major tool for industrialisation with the aim of transforming Ethiopia into a middle-income country. It had registered 10 billion Br in capital and incorporated 15 military and civilian industries with 98 subsidiary companies. Their appointment is effective as of March 10, 2020.



A street lamp around Addis Abeba Stadium melds into the concrete backdrop emblematic of the capital's ageing infrastructure. Over the past few years, Ethiopia's electric grid has been subject to destruction and theft, subjecting the public treasury to hundreds of millions in losses. Nearly half of the country's population does not have access to electricity. A series of projects by the World Bank has contributed to the slight but essential upgrade to the nation's grid, including a 500 million do...



A trio of donkeys drag along the main road in front of Menlik School around the Arat Kilo area. While the four-legged domestic animal is a venerated member of the Ethiopian labour force, its skin and meat are increasingly valued in the international markets. Rhong Chang, a donkey slaughterhouse operating in Assela Town, Oromia Regional State reopened its services after a seven-year break two years ago. Public outroar has often accompanied the entrance of donkey abattoirs into Ethiopia since anot...



A bustling market emerges under a bridge in the boroughs of the Bole Michael area. Addis Abeba City Administration has launched a series of aesthetic initiatives embalmed in themes of beautification and urbanisation that have removed thousands of shops built with makeshift tents. Above a quarter of Addis Abeba's labour force is engaged in the informal economy, which while often associated with connotations of illegality, remains a sizeable employer in emerging economies across the world. Calibra...