France’s leading telecommunications company Orange is eying an investment in the sector in Ethiopia. Orange is one of the leading contenders seeking to benefit from the end of state-controlled Ethio Telecom’s monopoly, pushed by Prime Minister Abiy Ahmed. According to Reuters, the Ethiopian government aims to award telecom licenses by the end of 2019, with […]
Tag: Ethiopia
World Bank commits $200 mln to support Ethiopia’s renewable energy program
The World Bank’s Board of Directors has approved $200 million in funding for the establishment of a Renewable Energy Guarantees Program (REGREP) in Ethiopia. These funds, to be disbursed by the International Development Association (IDA), will help the authorities in Addis Ababa to reform their regulatory framework and gear it up for private investment and […]
Ethiopia to commission the Genale Dawa III hydroelectric dam
Ethiopian Deputy Minister of Water and Irrigation, Frehiwot Woldehanna has announced that the Genale Dawa III hydroelectric dam would be commissioned in the second half of 2019. According to China Gezhouaba Group Company (CGGC, the contractor in charge of the project, the dam will start supplying electricity to the national grid by the second half […]
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 […]
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The African football governing body (CAF) has withdrawn Ethiopia’s rights to host the local version of the African Cup of Nations (AFCON) of players on the continent, over delay in the preparation.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 […]
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 […]
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 […]
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,” […]
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 […]
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 […]









