Ethiopian Electric Corporation – New Business Ethiopia

Ethiopia generates $3 billion selling state enterprises

January 4, 2019January 8, 2019 newbusinessethiopia

By Andualem Sisay Gessesse – The government of Ethiopia has privatized 290 companies in 14 years from 1995-2015, according to the information obtained from the agency in charge of supervising and selling state enterprises.

Ethiopia approves $12.8 billion national budget

July 6, 2018August 21, 2018 newbusinessethiopia

Ethiopian Parliament this afternoon approves around $12.8 billion budget of the country for the coming year starting July 8, 2018.

Unites States companies set to speed Ethiopia’s WTO accession

June 28, 2018June 28, 2018 newbusinessethiopia

Heads of major companies from the United States that are on official tour in Addis Ababa said they will help and accelerate Ethiopia’s accession to the World Trade Organization (WTO).

Ethiopia ends monopoly over telecom, airline, electricity, shipping line

June 6, 2018June 6, 2018 newbusinessethiopia

In a major policy shift, the Government of Ethiopia decides to liberalize major state monopoly companies including Ethiopian Airlines, Ethio Telecom, Ethiopian shipping Lines and Ethiopian Electric Power Corporation.