Ethiopian Business Review

Access to electricity in Ethiopia had reached 51Pct, according to the Ministry of Water, Irrigation and Energy. State Minister Kebede Gerba announced the figures on May 22, 2014. The government plans to expand access to electricity to 75Pct next year. To achieve this, Ethiopia has set a national target of increasing power generation capacity fivefold, to reach 10,000 MW by the end of 2015.

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Addis Ababa ranked third among 84 emerging cities worldwide to advance its global positioning over the next 10 to 20 years. The ranking comes from the “Emerging Cities Outlook 2014,” a report published by A.T. Kearney, a US-based management consulting firm that focuses on strategic and operational issues facing businesses, governments and institutions across the globe.

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The amount of money, in Birr, reported as unutilized budget. The findings were the result of auditing the accounts of ministries and other agencies of the federal government by the Federal Auditor General for the 2012-2013 fiscal year.

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