FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




Nation Completes Megech Seraba Irrigation Project

Oct 26 , 2019


[ssba-buttons]

Megech Seraba Irrigation Project, which was built for 1.3 billion Br, was inaugurated last week in Gonder, Amhara Regional State. Sileshi Bekele (PhD), minister of Water, Irrigation & Energy, and Temesgen Tirunh, head of the Amhara Regional State, attended the inauguration ceremony. Expected to benefit 30,000 household farmers, the irrigation dam has a capacity of developing 4,000ha of land. The 1.8-billion-cubic-metre irrigation dam took seven years to complete. The government, which has endeavored to reduce the cost of mega-projects for the past two years, has allocated close to 15 billion Br this fiscal year for the construction of irrigation dams with the main target of increasing agricultural productivity at a national level. Most of the irrigation dams in the country are known for delays and cost overruns. Beginning this year, the Office of the Auditor-General confronted the Ministry over the inflated costs of the Zarema Mayday and Megech irrigation dams, which have reached a combined total of 13.6 billion Br from the initial estimation of 6.7 billion Br.


Radar

Addis Ababa Enterprises Tap 3.8b Br in Loans

More than 16,000 enterprises benefited from market linkages worth over 20 billion Br generated by Addis Abeba's Enterprise & Technology Development sector during the 2026-2027 fiscal year. Financing support reached nearly 8,000 enterprises, which accessed more than 3.8 billion Br in loans. Enterprises also generated six billion Birr in savings. More than 14,000 enterprises received industrial extension and technology support. The sector replicated and transferred 241 of the 295 problem...


Radar

Zambia Airways Taps Aman Wole for Growth Drive

Zambia Airways has appointed Aman Wole Gurmu as Chief Executive Officer (CEO), bringing in an Ethiopian Airlines executive with more than 19 years of experience in airline leadership, commercial strategy, sales, market development and strategic partnerships. Aman held several senior positions at Ethiopian Airlines, including Regional Director for Mainland China and Mongolia, Regional Director for France and the Maghreb, Area Manager for Zambia and Director of Sales in Addis Abeba. The Zamb...


Radar

Grade 11 Takes On 11 Vocational Programs

Grade 11 students will begin work- and practice-based vocational training in the 2026/27 academic year under a new initiative covering 11 fields. The programmes span building electrical installation, plumbing, metal technology, automotive technology, garment technology, hotel services, hair and beauty services, food preparation, software development, crop production and healthcare services. They are designed to provide practical skills and knowledge relevant to employment and career opportuni...