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Hahu Daily Business News

Ethiopia – the New Powerhouse of the Continent

Somaliland sun – Ethiopia is bursting with a feeling of unprecedented economic optimism owing to its high economic growth in the last twenty years and the Ethiopian people wherever they are in the world are upbeat about their country’s future. Africa’s second most populous country, with nearly some 100 million …

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US President Barack Obama lands in Ethiopia

Addis Ababa (AFP) – US President Barack Obama landed in Ethiopia on Sunday, beginning a two-day stay and becoming the first American leader to visit Africa’s second most populous nation. Air Force One touched down at Addis Ababa’s international airport after a short flight north from the Kenyan capital Nairobi. …

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Ethiopia powers up ambitions for green, climate-resilient industry

The hulking waste-to-energy power plant taking shape on the edge of Addis Ababa, Ethiopia’s capital, symbolises ambitions to convert the agrarian Horn of Africacountry into an eco-friendly industrial powerhouse. The government’s $120m (£76.8m)Reppie project,being built to EU emissions standards, will incinerate the city’s rubbish to generate 50MW of electricity. A …

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W/Bank hails Ethiopia’s environmentally friendly industrial parks

World Bank Group President Dr. Jim Yong Kim on Wednesday praised Ethiopia’s endeavor in building environmentally friendly industrial parks. Speaking at the special event of Inclusive and Sustainable International Development, the president said Ethiopia is playing a leading role in Africa by building environmental mitigated industrial parks that contribute to …

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Bosch Looks In To Ethiopian Market

Germany’s multinational Engineering and Electronics Company, Bosch is looking in to Ethiopian market, Ethiopian News Agency reported. With the intention to carry out business and investment opportunities, a delegation led by Bosch General Manager for North Africa Jean-Marc Affuret arrive Addis Ababa, Ethiopia. Jean-Marc Affuret said Bosch has a plan …

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Egypt, Sudan, Ethiopia in new talks over Renaissance Dam

Egypt, Sudan and Ethiopia started a new round of talks on Wednesday over the latter’s Grand Renaissance Dam project, which Egypt fears will affect its share of the Nile’s water. Irrigation ministers of the three states, along with representatives from the two international consultancy offices, set to conduct a technical …

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