Two Electricity Projects Near Completion

Apr 26 , 2019

Ethiopia will get a hydroelectric dam and an electric transmission line that connects the country to Kenya. The Genale Dawa III Hydroelectric Project and the transmission line, which are being constructed by Chinese companies, are expected to be operational by the second half of this year. Gezhouba Group is undertaking the construction of the dam, which is located in the southeastern part of Ethiopia, for 450 million dollars. The electricity transmission line, which extends 1,045Km from Ethiopia to Kenya, is expected to cost 1.2 billion dollars, a project funded by the African Development Bank and the World Bank. Ethiopia’s side of the project, which stands at 433Km, is currently being constructed by the China Electric Power Equipment & Technology and will have a  capacity of producing 2,000MW once it is completed.



Street vendors around the Shola area take a rest in the shades of the capital's newly planted trees. Upon reporting on its 10-month performance before Parliament, the Agriculture Minister, Girma Amentie indicated that up to 43pc of the arable land in the country has been rendered acidic. This requires large amounts of limestone to be imported from abroad; the tight forex crunch has not allowed the Ministry of Finance to fund the endeavour easily. Following the rallying call of the Prime Minister...



Residents of communal houses around the Weji area hang their clothes on the fences outside. Textile manufacturing accounts for 87pc of Ethiopia's products from industrial parks. Expulsion from the African Growth & Opportunity Act (AGOA) due to the war in the North resulted in Ethiopia being expelled from the preferential trade act. Most companies choosing to rent sheds within the industrial parks do so out of a desire to access the duty-free privileges provided for African countries. Ethiopi...



Vendors put traditional beauty products from the Somali Regional State for sale around Mexico area. In November of last year, the Ministry of Finance banned imported goods under 38 categories, including cosmetics, packed foods, and furniture, from accessing letters of credit. The move resulted in the tripling of costs for cosmetic items like lipstick and nail polish. As Ethiopia ran a 14 billion dollar merchandise trade deficit last year due to import bills hiking by 26pc , a tight clampdown on...