Ministry to Boost Power Supply by Four-Fold

Jan 11 , 2020


[ssba-buttons]

The Ministry of Water, Irrigation & Energy launched a new road map that aims at boosting the country’s power supply by four-fold from its current generating capacity. While having a capacity of generating 40,000MW to 50,000MW of electric power, the country only generates 4,400MW from water and other renewable energy sources, according to the Ministry. The 10-year energy road map aims at expanding the power-generating ability of Ethiopia and to meet the demand, according to Frehiwot Weldehana (PhD), state minister for Water, Irrigation & Energy. The current 20,000Km of electric line coverage will be upgraded to 34,000Km, while the existing 204 electric distribution stations will expand to 256, according to the road map. Ethiopia will also generate 20,000MW of energy at the end of the 10 years, of which 14,000MW will come from hydro, while 1,700MW, 900MW and 2,000MW will be generated from solar, geothermal and wind sources, respectively.


Radar

Milkii App Disburses 25 Million Br in Collateral-Free Loans in Two Months

Oromia Bank's new collateral-free digital lending app, Milkii, has disbursed 25 million Br in loans without requiring collateral. Of this, 16 million Br has already been repaid, generating 1.4 million Br in revenue within just two months. Developed in partnership with Quantum Technology PLC, the app plans to make lending more accessible and inclusive, aligning with Oromia Bank's contribution to the Digital Ethiopia initiative. According to a press release, Milkii promotes financial inclusi...


Radar

Ethiopia Partners with UK to Ease Shipping Bottlenecks

The Ethiopian Freight Forwarders & Shipping Agents Association (EFFSAA) and the British International Freight Association (BIFA) signed a memorandum of understanding (MoU) on May 27, 2025, at Hyatt Regency Addis Abeba, to address skills gaps, customs delays, and corridor inefficiencies in the freight and logistics sector. The partnership focuses on technical cooperation, training, and regulatory reform. With over 90pc of trade dependent on the Djibouti corridor, rising congestion, customs...


Radar

Education Authority Sanctions Mishqen College for Rule Violations

The Education & Training Authority has issued a decisive directive last week, mandating legal action against Mishqen College for persistently defying regulatory orders and unlawfully continuing to offer higher education services. Mishqen College had previously been licensed to conduct undergraduate distance learning programs across multiple regions from 2019 to 2022. However, after serious regulatory breaches, the institution was ordered to cease all instruction, complete pending academic...