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Hahu Daily Business News

Ethiopia earned 123 million USD from electricity sales

During the last 8 months of the current fiscal year, Ethiopia earned about 123 million USD, which is equivalent to 2.6 billion Birr, from the sale of electricity both for the local market and international market. While presenting to the House of Peoples’ Representative, Motuma Mekassa, Minister for Water, Irrigation …

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Top 3 remarkable developments in Ethiopia

3. Rail Transport Construction in Ethiopia Ethiopia has lately operated the first metro (light rail transit ) in Sub-Saharan Africa that covers 31.6 KMs which also have the capacity of transporting 200,000 passengers daily. Ethiopia has also almost completed the Addis Ababa-Djibouti Railway which is a heavy rail system that …

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Ethiopian House of Peoples representatives (HPR) endorses GTP-2

Ethiopian House of Peoples representatives (HPR) endorsed Second Growth and Transformation Plan  (GTP2). Series discussions made on the plan previously, and GTP2 finally endorsed by the parliament. Ethiopian Prime Minister Hailemariam Desalegn while responding to questions raised on GTP2 said, Ethiopia has learned many things from GTP1, and will solve …

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Japan External Trade Organization (JETRO) Set to Open Office in Ethiopia

Japan External Trade Organization (JETRO) is said to open office in Ethiopia, according to Ethiopia’s Ministry of Foreign Affairs (MoFA). Tewolde Mulugeta, MoFA’s spokesperson, told journalists about JETRO’s plan to open office in Ethiopia while conveying a regular bimonthly brief on the Ministry’s accomplishments. Dr.Tedros Adhanom, Minister of Foreign Affairs, …

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