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Hahu Daily Business News

Ethiopia: Brand New Ultra Modern Boeing 787 Simulator Inagurated

Ethiopian Airlines, Africa’s biggest airline, has inaugurated its brand new ultra modern Boeing 787 simulator, according to Fana Broadcasting Corporate. The inauguration took place side by side with the 24th African Aviation Conference that was launched here in Addis Ababa yesterday. Workineh Gebeyehu, Ethiopian Minister of Transport, stated Africans must …

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Ethiopia’s Largest Hydro Plant to Produce Electricity This Year

(Bloomberg) — Ethiopia’s government plans to start generating electricity from its largest hydropower plant, Gibe III, in the second half of the year if annual rains sufficiently fill its reservoir, Water and Energy Minister Alemayehu Tegenu said.The wet season from June through August should allow the state-owned Ethiopian Electric Power …

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Economic Progress in Ethiopia

To the Editor (NYTimes) : “Ethiopia, Former Resident of the Bottom, Aspires to the Middle” (Addis Ababa Journal, March 4) reports on Ethiopia’s rapid economic growth. I agree that Ethiopia is one of Africa’s most rapidly growing economies. Indeed, infrastructure and transportation are two of the primary ways the government …

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Ethiopia: Oil marketer plans $5 bn refinery construction

Ethiopia’s leading private oil marketer plans to build a $5 billion refinery within ten years to meet the growing demand for refined products in a region experiencing fast economic growth. A refinery could compete with imports from India, the Gulf and beyond, and also help African countries extract more value …

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Would RIDE get an answer from Ethiotelecom CEO?

Ethiopian telecommunication is on the verge of a remarkable expansion that could add millions of wireless phones into its network. Coming along with this expansion is RIDE, a product of Hybrid Designs PLC, that connects customers to Blue Lada Taxi Drivers safe and secured. RIDE EthiopiaThe CEO of Hybrid Designs, …

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Algeria, Ethiopia Want to Strengthen Economic Relations

Algiers — Algeria and Ethiopia want to strengthen their economic cooperation notably in the agricultural, energy and university fields, said Sunday in Algiers Ethiopian Prime Minister Hailemariam Desalegn Boshe. “Political relations between Ethiopia and Algeria are excellent. Unfortunately, the economic relations did not reach the same level and that is …

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