N e w s

Ethiopia: GERD Power Generation Capacity Increased to 6450 MW

The Grand Ethiopian Renaissance Dam (GERD) power generation capacity has been upgraded to 6,450 MW.   The Dam was first designed to generate 5,250 MW. However, due to the upgrading made on the power plant, its generation capacity uplifted to 6,000 MW from 5,250 MW.   But six years later, the design has been made to add another 450 MW due to the improvements made on generators with local capacity, Communication and Information.... Read more »

Posted on : Wednesday , 1st March 2017

Ethiopia: The Many Benefits of GERD

The Grand Ethiopian Renaissance Dam (GERD) possesses an invaluable and multi-faceted values and benefits to the peoples of Ethiopia. We may categorize those values and benefits in economic, social and political terms. The economic values are magnanimous. GERD can generate immense amount of hydro-power that can be sold here at home to each villages, towns and cities and abroad to different countries and hence can generate billions of dollars in.... Read more »

Posted on : Wednesday , 22nd February 2017

Rwanda: Education Institutions Need to Find Solutions to Country's Energy Needs - Minister

The State Minister in charge of Technical and Vocational Education and Training (TVET) Thursdaycalled on TVET institutions to partake in finding solutions to the country's energy deficit by producing graduates with the requisite skills to help address the current shortage.   He was speaking at Tumba College of Technology during a graduation ceremony for some 358 students who completed their studies in different courses, including.... Read more »

Posted on : Tuesday , 21st February 2017

Rwanda: India to Open High Commission in Rwanda - Vice-President Ansari

In order to enhance the bilateral ties with Indian diaspora settled in Rwanda, India is all set to open its resident mission in the country's capital.    "India and Rwanda are great friends, and Rwanda has a good population of Indian community here and, we have had a valid complaint of not having a resident mission in Kigali. So, the government has already taken up the matter and in the coming week and months the physical.... Read more »

Posted on : Monday , 20th February 2017

Rwanda: Indian Vice President Arrives in Country, Focus on Boosting Trade Ties

Kigali (Rwanda), Feb. 19 (ANI): Vice President Mohammed Hamid Ansari, who arrived here today in the first leg of his five-day official visit to Rwanda and Uganda, said there is a renewed and more focused effort by the government to give a dynamic impetus to the relations with African nations after the India Africa Forum Summit (IAFS) conference in India. The Vice President, who was addressing the media onboard Air India One Special Aircraft,.... Read more »

Posted on : Monday , 20th February 2017

Rwanda: Govt Approves New Tax on Imports, Proceeds to Fund AU

Rwanda has introduced a new law enabling the levying of a tax on imported goods, with proceeds going to the financing of the African Union.   A Cabinet meeting chaired by President Paul Kagame passed the draft law to establish the 0.2 per cent tax on imported goods.   At the 27th African Union Summit held in Kigali in July 2016, African governments unanimously adopted a formula known as the Kigali Declaration proposed by a review.... Read more »

Posted on : Thursday , 16th February 2017

Ethiopia on Track for Economic Globalization with China's Cooperation

A large number of jobs have been created for African countries through China-Africa cooperation, which has promoted local economic growth, helped the maintenance of political and social stability in related countries, and reduced the emergence of refugees and immigrants and their disorderly flow.   Planning is only a small part of the work, and what counts more is its implementation. Since the holding of FOCAC Johannesburg Summit in.... Read more »

Posted on : Tuesday , 14th February 2017

Rwanda: New Rwanda Development Board Chief to Focus on Increasing Exports

The new chief executive of Rwanda Development Board (RDB), Clare Akamanzi, took office Thursday, promising to prioritise the services sector and increasing the volume of the country's exports.   Akamanzi, who was sworn in on Wednesday, replaced Francis Gatare, who was moved to the newly created Mines, Petroleum and Gas Board - as its chief executive.   Both officials are members of the cabinet.   "I must say I'm also.... Read more »

Posted on : Tuesday , 14th February 2017

Rwanda: Govt Finds New Minerals as Part of Exploration Drive

Rwanda has far more natural resources than previously thought, an official familiar with the country's mineral exploration programme has said.   The revelation comes days after the Government established a fully-fledged statutory body to oversee and coordinate all the exploration and mining-related activities in the country: the Rwanda Mines, Petroleum and Gas Board.   Dr Emmanuel Munyangabe, who the Cabinet on February 3 appointed.... Read more »

Posted on : Monday , 13th February 2017

Tanzania: MPs Push for Adequate Funds to Boost Industrialization Drive

Members of Parliament (MPs) yesterday came out strongly in support of the Ministry of Industries, Trade and Investments, asking the government to release more development funds to accelerate an industrial driven economy.   Majority MPs nodded to a report by the Parliamentary Standing Committee on Industries, Trade and Environment, which cautioned that failure to adequately finance development projects under the ministry is likely to.... Read more »

Posted on : Monday , 13th February 2017

Ethiopia, Turkey Discuss Ways to Increase Trade, Investment

President Mulatu Teshome and Turkey's President Recep Tayyip Erdogan held discussions in Ankara, Turkey.   President Mulatu hailed the discussion they had on wide ranging issues as "fruitful and productive", according to Anadolu, a Turkish news agency.   "We have recognized that additional effort is needed to further strengthen and deepen cooperation through economic interdependence and expanding trade and.... Read more »

Posted on : Monday , 13th February 2017

Ethiopia: MSEs Awarded Condominium Electrification Project

National Condominium Electrification Program Office announced that it has finalized preparations to engage 81 Micro and Small Scale Enterprises (MSEs) in condominium electrification projects.   Speaking at a consultative forum on job creation with stakeholders, Office CEO Gosaye Mengiste said yesterday that since the beginning of condominium construction in 2004,MSEs s have been playing major roles in the electrification program.... Read more »

Posted on : Monday , 13th February 2017



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