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Power shortage hinders Djibouti water supply

A Chinese contractor, CGC Overseas Construction (CGC-OC) Group Ltd, has blamed electric power shortages for impeding the operations of the USD 339 million worth trans-boundary water project to pump potable water to neighboring Djibouti.

Abandoned wheat shipment faces contamination

Despite the country facing shortages in wheat supply, 2300 metric tons of wheat import stored at the Port of Djibouti for more than five months, has been exposed to contamination, The Reporter has learnt. The import is thought to be worth around USD one million.

Addis Ababa mayor warns fuel stations

The Addis Ababa city administration deputy mayor Takele Uma (Eng.) has warned gas stations and petroleum companies operating in the city to properly discharge their responsibility.  

PetroChina wins fuel tender

The Chinese oil firm, PetroChina, has won the bid put by the Ethiopian Petroleum Supply Enterprise (EPSE) for the supply of fuel in 2019.

Chinese government to restructure Ethiopia’s debt

Prime Minister Abiy Ahmed (PhD) on Thursday disclosed that the Chinese government has agreed to restructure some of Ethiopia’s debt, including a USD four billion loan for a railway that stretches from Addis Ababa to Djibouti.