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| 16 August 2018

Repi waste to energy plant completed

Repi waste to energy plant, the first of its kind in the Africa, has been completed and is set to be inaugurated on Sunday, August 18, 2018.

The project consumed 2.6 billion birr so far and it will have the capacity to provide 185 Giga Watts Hour (GWh) of electricity per year, crushing 1,400 tons of solid waste on a daily basis.

During its lifecycle, the project will create jobs for 1,300 Ethiopians and 286 foreign experts.

| 13 August 2018

Bomb attack suspects to be charged

The Federal Attorney General has been given seven days for formally instituting charges on nine suspects of bomb attack at a rally that was held at Meskel Square in support of Prime Minister Abiy Ahmed (PhD) on June 23, 2018. One out of the nine, Tilahun Getachew, is suspected of throwing the bomb while Berhanu Jafar is alleged to have carried the bomb for the former.

Ethiopian bags record high profit of 6.8 bln birr
| 11 August 2018

Ethiopian bags record high profit of 6.8 bln birr

Ethiopian Airlines made a record high net profit of 6.8 billion birr (USD 233 million) in the 2017-2018 fiscal year that ended June 2018. Briefing reporters yesterday about the annual performance of the national airline Ethiopian Airlines Group CEO Tewolde Gebremariam stated that the airline registered a remarkable performance despite the increasing price of oil and intense competition coming from Middle Eastern airlines.
ATA claims direct seed marketing cuts farmers’ carryover costs
| 11 August 2018

ATA claims direct seed marketing cuts farmers’ carryover costs

The Agriculture Transformation Agency (ATA), which has been piloting a direct seeds marketing and distribution mechanisms to smallholder farmers, is claiming that the Agency has considerably slashed the burden of huge stock of carryover seeds mostly used to be kept for future plantations.
Bus rapid transit corridor project underway
| 11 August 2018

Bus rapid transit corridor project underway

The rapidly swelling demand for access to transportation has pushed the city to look for additional alternatives giving rise to a EUR 130 million Bus Rapid Transit Corridor (BRT) project under way to be operational in the coming three years, The Reporter has learnt.
| 11 August 2018

UK minister makes commitments, bumps heads with media

High-level visit by the United Kingdom’s International Development Secretary, Penny Mordaunt, this week, concluded with the announcement of a slew of grants, including one worth GBP 115 million with the Ministry of Finance and Economic Cooperation and endorsing the reforms of Prime Minister Abiy Ahmed (PhD) on democracy and human rights in Ethiopia.
| 11 August 2018

Labor strikes halt Tecno mobile factory line

With an ambitious goal of exporting its products to neighboring nations to the tune of more than USD 40 million a year and appease the demands of its products simultaneously, the Chinese-owned Transsion – maker of affordable TECNO mobile phones in Ethiopia – is facing its biggest challenge to date.

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