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Hahu Daily Business News

Ethiopia’s controversial ‘Renaissance Dam’

In April 2011, Ethiopia began the construction of a huge dam on the Nile. The dam is expected to produce as much energy as six nuclear power stations for one of the world’s poorest states, but the population may pay a high price.   For Ethiopia, this “Renaissance Dam”, as …

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Nation Plans to Build Expressways in Major Congested Areas

Addis Ababa March 10/2015 Ethiopia plans to build expressways into the major congested areas of the country in order to solve the traffic overcrowding, the Ethiopian Roads Authority said. This was disclosed at the experience sharing workshop on Expressway Development and Management held here today between Ethiopian Roads Authority (ERA) …

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Number of Dollar millionaires in Ethiopia on the rise

At first glance, Ethiopia would seem like a tough place for business owners to make it big. The strength of the state stands in contrast to the fledgling private sector, where foreign competition is barred in key industries and big sectors are entrusted to state-owned companies. But a curious statistic …

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