Thursday, February 9, 2023
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Ethiopia earns USD 66.4 mln from electricity export

Ethiopia earned USD 66.4 million from electric energy exports to neighboring Sudan and Djibouti during the already concluded Ethiopian Fiscal Year.

The Ethiopian Electric Power has achieved 116 percent of its plan set to collect USD 57 million in revenue from exporting energy to the two East African Countries.

Out of the total revenue, USD 29.3 million has been gained through selling energy to Sudan while the remaining USD 37.1 million has been obtained from Djibouti.

The revenue earned has surpassed the previous year achievements by USD 11.5 million.

The full capacity of reservoirs to contain enough amount of water due to adequate rainfall and country’s ability to address power outage helped to effectively achieve the plan.

Ethiopia is working to create integration through electricity with additional African countries including Tanzania and South Sudan and Somaliland.

Ethiopian Electric Power also disclosed that the transmission line that links nation’s power grid with Kenya is to be completed and go operational soon. (FBC)

US donates 250 ventilators in response to COVID-19

The US government has donated a shipment of 250 state-of-the-art ventilators and other critical care equipment to assist Ethiopia with its response to COVID-19.

US Ambassador to Ethiopia, Michael Raynor handed over the donation to Minister of Health, Lia Tadesse in a ceremony held in Addis Ababa on Tuesday.

Ambassador Raynor said on the occasion that the donation is a critical addition to the billions of dollars in resources and expertise that the American people have invested in Ethiopia’s health system in recent years.

“I am honored to join Dr. Lia Tadesse to hand over this new equipment and to continue our work together, mitigating the impact of COVID-19 and helping Ethiopia save lives,” the Ambassador added.

Dr. Lia Tadesse on her part thanked the US government for the donation and said: “The United States and Ethiopia share a long history of cooperation and the support of the United States Government over the years has helped strengthen and enhance the Ethiopian health system.” (Press Release)

Ethiopians around the world voiced support for GERD

Ethiopians around the world evenly voiced their support for the construction of the Grand Ethiopin Renaissance Dam (GERD).

Ethiopians and Ethiopian origin around the world showed their solidarity on Sunday starting from 10:00 PM for three minutes under the theme: “Our voice for our dam”.

Thousands of ecstatic crowds and revelers filled the squares and streets of Addis to show their support for the construction of the GRED.

Office of National Council for Coordination of Public Participation in collaboration with Lift Ethiopia has organized a solidarity campaign to make Ethiopian voices heard to the world.

The event was organized to send a message to the international community about the reality of the dam which is based on the principle of fair utilization of resources to fight poverty.

Speaking during the event, Deputy Prime Minister Demeke Mekonnen said Ethiopians from all walks of life have massively contributed to the construction of the flagship dam project.

The solidarity campaign is aimed at mobilizing the public. (ENA)

Nation plans to retrieve 60 percent of public wealth hidden abroad

The Federal Attorney General announced that it has designed a ten-year plan aimed at retrieving 60 percent of the nation’s resources illegally stashed outside the country.

The plan intends to repossess billions of dollars illegally smuggled out of the country.

The Attorney General, Adanech Abebie made the remark on Monday at a consultative workshop aimed at collecting inputs to further develop the 10-Year Prospective Development Plan of her institution.   

The main objective of the plan is to ensure justice and customers satisfaction by establishing independent organizations that would provide effective and efficient services.  

Capacity building programs to ensure the rule of law, enhancing institutional arrangement and providing quality justice are the major priority area, she added.

“Ensuring the rule of law is crucial in order to sustain various development activities being underway in the country and attract investment”, Adanech said.

According to her, technologically advanced and innovative schemes will be put in place to salvage the public wealth that had been stolen over the past years. (ENA)

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