Africa Energy Headlines International

Ethiopia announces heavy investment in renewable energy

Ethiopia will inject huge investments in renewable energy transmission, Prime Minister Abiy Ahmed said. According to the Premier, China had agreed to invest $1.8 billion to improve electricity on the Ethiopia-Djibouti line, thereby increasing electricity supplies to Ethiopian cities and 16 industrial parks. Beijing made the pledge on the sidelines of the Belt and Road […]

Africa Headlines International

Football: CAF strips off Ethiopia of rights to host 2020 CHAN; Cameroon rubs hands

The African football governing body (CAF) has withdrawn Ethiopia’s rights to host the local version of the African Cup of Nations (AFCON) of players on the continent, over delay in the preparation. CAF President Ahmad Ahmad informed the media of the decision it made Thursday as it met to appoint Moroccan citizen Mouad Hajji as […]

Africa Headlines International

Ethiopian Airlines crash: pilots followed emergency procedures – Official report

Pilots of the 737 Max that crashed in Ethiopia last month initially followed Boeing’s standard emergency procedures to try to get control of the plane, before the crash, Ethiopia’s transport minister told a news conference in Addis Ababa on Thursday, as she delivered the first official report on the disaster. According to Dagmawit Moges, the […]

Africa Europe Finance Headlines International

France’s Macron pledges to invest $2.8 billion in Africa

French President Emmanuel Macron who is touring East Africa, with stops in Djibouti, Ethiopia and Kenya, has pledged to invest $2.8 billion in Africa by financing and supporting startups and small- to – medium-sized enterprises by 2022. Macron, who started his trip to East Africa Monday, said the French government would support about 10,000 enterprises […]

Africa Europe Headlines International

France’s Macron pledges security, environment cooperation with Kenya

President Emmanuel Macron of France Wednesday vowed to establish security and environment cooperation between his country and Kenya as he kicked off the third and last leg of his East African tour that brought him to Djibouti and Ethiopia. “We want to improve cooperation in the region from the security and defense point of view,” […]

Africa Europe Headlines International

Macron tours Eastern Africa to leave French marks amid Chinese growing influence

President Emmanuel Macron of France kicked off Monday a four-day tour in Eastern Africa with the first leg in Djibouti followed by Ethiopia and Kenya where the French leader will co-chair UN-sponsored One Planet Summit. The trip to Djibouti, a French former colony, is the first in a decade by a French President after Sarkozy […]

Africa Energy Headlines International

Ethio-Kenya Power interconnection to power 1 million households

Households in Kenya, Tanzania, Uganda and Ethiopia will have better access to electricity through the construction of the Kenya-Ethiopia electricity interconnection line, Ecofin news agency reported. The interconnection will be ensured by a 1068-km, 500-kilovolt high-voltage direct current transmission line, with 437 km in Ethiopia and 631 km in Kenya with related facilities at Wolayta-Sodo […]

Africa Headlines International

Ethiopia inaugurates Gidabo irrigation dam

Ethiopian Construction Works Corporation (ECWC) has completed the Gidabo dam in central Ethiopia. The dam has the capacity to reserve 62.5 million cubic meter and is expected to develop 13,425 hectares of land cultivated by some 10,000 farmers. The project is also expected to indirectly create nearly 192,000 jobs. According to the Food and Agriculture […]

Energy Headlines

Kenya’s electricity firm secures Geothermal Deal in Ethiopia

Kenya Electricity Generating Company (KenGen) has signed an agreement to provide geothermal drilling services to state-run Ethiopian Electric Power (EEP). According to EEP CEO, Dr. Abraham Belay, Ethiopia had tried to venture into geothermal development as far back as 1981 but was yet to make a commercial breakthrough. The country has some geothermal drilling rigs […]

Africa Business Headlines International Morocco

Morocco, Ethiopia to foster trade and investment partnerships

Morocco and Ethiopia are examining the means to bolster bilateral trade and investments through establishing joint-ventures and win-win partnerships. This came at a meeting between head of the Moroccan exporters associations, Hassan Sentissi El Idrissi, and Ethiopian ambassador in Rabat Yeshi Tamirat. The two men discussed ways to develop economic relations, with emphasis on the […]