(First published on Business WEEK, 05 April 2018)
Ethiopia and Russia have reached an agreement to develop nuclear energy collaboratively according to reports from a number of reputable sources. This comes just weeks after 162 million US dollars worth of debt was written off Ethiopia’s balance sheet by Russian authorities. Senior officials met at The Ministry of Finance and Economic Cooperation in Addis Ababa this March to discuss a list of projects in engineering, science and technology. These projects will be undertaken by Russian and Ethiopian companies. According to the Russian Foreign Minister, Sergey Lavrov, his country valued ‘‘Ethiopia’s responsible and balanced policy in world affairs and its active involvement in the African Union.”
የኢትዮጵያ ማዕድን፣ ነዳጅና ባዮፊውል ልማት ኮርፖሬሽን ከኢትዮጵያ ስኳር ኮርፖሬሽን ጋር በመተባበር በ1.1 ቢሊዮን ብር ወጪ የኤታኖል ፋብሪካ ሊገነባ ነው፡፡ የኤታኖል ፋብሪካው የሚገነባው በደቡብ ኦሞ ኩራዝ ሦስት የስኳር ፋብሪካ ሲሆን፣ ኤታኖሉ የሚመረተው ከኩራዝ አንድና ኩራዝ ሦስት የሚወጣውን ሞላሰስ በማጣራት እንደሆነ ታውቋል፡፡ በማዕድን፣ ነዳጅና ባዮፊውል ልማት ኮርፖሬሽን የነዳጅና ባዮፊውል ዘርፍ ምክትል ዋና ሥራ አስፈጻሚ አቶ ናደው ታደለ ለሪፖርተር እንደተናገሩት፣ ኮርፖሬሽናቸው ከስኳር ኮርፖሬሽን ጋር ተባብሮ የኤታኖል ማምረቻውን መገንባት የሚያስችለውን ስምምነት ሰኞ መጋቢት 10 ቀን 2010 ዓ.ም. ተፈራርሟል፡፡
(BBC/Emmanuel Igunza, Feb 2018)
Rapidly increasing urbanisation in Africa means two things: more waste and greater demand for electricity. In Ethiopia's capital, Addis Ababa, a new waste-to-energy plant is set to tackle both problems at the same time, by helping to dispose of three-quarters of the city's rubbish while generating enough electricity to power a third of the city.
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Aiming at playing a great role in the fast growing economy of Ethiopia and competitive incentive packages, affordable labor and improved infrastructure in the country, the Turkish giant, Turkish Industry Holding is to invest in power generating sector. The Chairman of Turkish Industry CO. Mr. Mehmet Coskun, the Vice President Mr. Hakim Alici and board member Mr. Ozan Semerci met Seleshi Bekele, PhD, the Minister of Water Irrigation and Electricity (MoWIE) yesterday at his office with the proposal of Electricity production power plant.
The Chairman stated that the power plant is gas fired cogeneration plant and the capacity will be 500mv, which will be one hundred per cent self-financed by Turkish Industry Holding and its co-partner AKSA Energy, another giant company in the energy sector.