Ethiopian Business Review

Ethiopian Business Review

Ethiopian Business Review

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Sileshi Bekele, Minister of Water, Irrigation and Energy

Friday, 15 February 2019 00:00 Published in Quote

“It took a longer time than planned due to lack of a detailed study and research during commencement.”

He said this while speaking at a panel last month to assess the status of the Grand Ethiopian Renaissance Dam. The Minister revealed that civil construction of the dam has reached 80Pct, but the electro–mechanical work will incur more costs for the country.


 

8th Year • Jan.16 - Feb.15 2019 • No. 70


 

The Number

Friday, 15 February 2019 00:00 Published in Quote

1765

The number of schools closed due to security issues in five zones of the state of Oromia in recent months. However, until January 1, 2019, 955 schools were opened, according to the state of Oromia Education Burea. 


8th Year • Jan.16 - Feb.15 2019 • No. 70


 

 

Top 10 African Countries with High External Reserves 2017

Saturday, 15 December 2018 00:00 Published in Statistics

In 2017, the reserves of many African countries showed increases due to better commodity prices. In particular, increased oil and export earnings helped reverse the downward trend in Africa’s reserve position in 2016. Africa’s external reserves declined by 9.4Pct in 2016 to USD396.63 billion, while in 2017 it showed a 6.3Pct increase reaching USD421.53 billion.