”Though it has been seven months since we started living in condos, for want of electric power we could not lead a normal life. The tragedy is negatively impacting our socio economic well being ,” so complained dwellers of Dembela Site II of Adama town.
The Ethiopian Roads Authority has signed a contract with domestic Sur Construction for the upgrading of the 104-kms long Dashen- Abdrafi Mayikadran road project, in Amhara and Tigray State.
London-listed oil firm Genel Energy is planning to invest $500 million for exploration activities in Ethiopia, Somaliland, Ivory Coast, Malta and Morocco in the next two years, the company's president said told Reuters on Friday.
The Office of the Prime Minster has rejected requests from two Chinese firms regarding construction of the Halele Worebesa power plant project, which has attracted the attention of a variety of foreign companies.
In five years’ time, Africa might see significant improvements in energy, thanks to a US-led initiative called “Power Africa” unveiled by President Barack Obama during a recent three-nation visit to the continent.
