METEC – New Business Ethiopia

Ethiopia appoints three ministers, commissioner, attorney general

March 12, 2020March 12, 2020 NBE 118 ViewsChildren and Youth, Ethiopia, Federal Attorney General, Federal Ethics and Anti-Corruption Commission, METEC, Minister of Health, Minister of Revenue, Minister of Women, Prime Minister Abiy Ahmed 1 min read

The Ethiopian parliament today approved appointment of three ministers, attorney general and commissioner for the Federal Ethics and Anti-Corruption Commission.

Politics

Ethiopia to release 60 ex-officials, opposition figures

February 25, 2020February 25, 2020 NBE 105 ViewsChristian Tadele, Ethiopia, ETV, Major General Kinfe Dagnew, METEC, NAMA, National Movement of Amhara, Nigussu Tilahun, Prime Minister Abiy Ahmed, Prosperity Party, Tigray Region 1 min read

The Government of Ethiopia on Monday announced its plan to release from prison 60 former officials implicated in grand corruption

Crime

Ethiopia charges former electricity boss for corruption

December 27, 2019December 27, 2019 Business News 130 ViewsColonel Mulu Woldegabriel, corruption, EEP, Eng. Azeb Asnake, Ethiopia, Ethiopian Electric Power, GERD, Great Ethiopia Renaissance Dam, METEC 1 min read

The government of Ethiopia has charged the former Chief executive officer of Ethiopian Electric Power (EEP), Eng. Azeb Asnake for

Politics

Ethiopian army company pleas for $2 billion debt cancellation

August 8, 2019August 8, 2019 88 ViewsEthiopia, METEC, s 1 min read

The highly indebted and implicated in grand corruption and embezzlement military owned company (Metal Engineering Corporation (METEC), made plea for

Manufacturing

Ethiopia vows to make sugar import history

February 19, 2019February 21, 2019 201 ViewsArjo, ESC, Ethiopia, Ethiopia sugar import, Ethiopian Sugar Corporation, Fincha, India sugar export to Ethiopia, Kessem, Matahara, METEC, Omo Kuraz I, Omo Kuraz II and Omo Kuraz III, Omo Kuraz V, sugar factories in Ethiopia, Tana Beles, TanaBeles I, Tehdaho, Wolkaite, Wonji-Shewa 2 min read

Ethiopian Sugar Corporation (ESC), the state agency in charge of regulating the industry says, Ethiopia will meet its local sugar

Energy

Chinese companies secure energy deals in Ethiopia

February 19, 2019February 19, 2019 89 ViewsCGGC of China, Chinese companies in Ethiopia, Chinese power companies, energy deal, Ethiopia, GERD, Grand Ethiopian Renaissance Dam, hydropower, METEC, Salini Impregilo 1 min read

Ethiopian Electric Power (EEP) on Monday has signed two energy deals with Chinese companies – a $113 million contract with

Prosecutor charges against Ethiopia’s military company head

Crime

Prosecutor charges Ethiopia’s military company head

January 11, 2019January 11, 2019 72 ViewsColonel Desse Zeleke, Colonel Getnet Kindeya, Colonel Goytome Kebede, Eleni Cherinet, Ethiopia, grand corruption, Major General Kinfe Dagnew, METEC, Remedan Musa 2 min read

The federal prosecutor of Ethiopia on Thursday opened grand corruption charges against the director general of the military owned metal

Crime

Suspect human rights offenders in Ethiopia appear court

January 10, 2019January 10, 2019 87 ViewsCherinet Dana, Colonel Desse Zeleke, Ethiopia, Goh Atsbeha, human rights offenders, METEC, Remedan Musaand, Tigst Tadesse 2 min read

Suspect human rights offenders in Ethiopia, who have been in custody for the past few weeks, Maasho Kidane and Adush

Investment

Ethiopia generates $3 billion selling state enterprises

January 4, 2019January 8, 2019 254 ViewsAmbo Mineral Water, Arsi Agricultural Development, Bale Agricultural Development, Bedele Brewery, Diageo, Ethio Telecom, Ethiopia, Ethiopian Airlines, Ethiopian Electric Corporation, Ethiopian Shipping and Logistics Services Enterprise, Harer Brewery, Heineken International, Horizon Plantations, IT International S.A., Legedembi Gold Mine, Limu Coffee Agriculture Development, Meta Brewery, Metal Engineering Corporation, METEC, MIDROC, National Tobacco Enterprise, privatization, Sheba Investment Holding Limited, Sheik Mohammed Hussein Ali Al-Amoudi, Tobacco Enterprise, Wush Wush Gumaro Tea 3 min read

By Andualem Sisay Gessesse – The government of Ethiopia has privatized 290 companies in 14 years from 1995-2015, according to

Energy

METEC fails to deliver Ethiopia’s 4.1 billion birr power project

December 31, 2018December 31, 2018 117 ViewsEEP, Ethiopia, Ethiopia Electric Power, GERD, Grace Engineering Company, Melka Sedi thermal power, METEC 1 min read

Four years after the construction of Ethiopia’s 4.1 billion birr (around $150 million) Melka Sedi thermal power generation plant began,

NBE Blog

Ethiopian former rebels going to the bush again?

December 24, 2018December 26, 2018 164 ViewsChina, EPRDF, Ethiopia, Iran, Mekelle, METEC, Politics, Russia, Tigray, TPLF, United States 10 min read

By Andualem Sisay Gessesse – Last week Mekelle University, which is found in the northern part of Ethiopia Tigray Region,

Politics

Ethiopia arrests former Metal and Engineering Corporation head

November 13, 2018November 13, 2018 70 ViewsEthiopia, Major General Kinfe Dagnew, Metal and Engineering Corporation, METEC 1 min read

The former direct of the multibillion dollar state enterprise, Metal and Engineering Corporation (METEC), allegedly engaged in grand corruption is

Politics

Ethiopia jails 36 for crimes against humanity, 27 for robbing nation

November 13, 2018November 13, 2018 68 ViewsCorruption in Ethiopia, EPRDF, Ethiopia, Ethiopia intelligence, Getachew Assefa, METEC, military, TPLF 4 min read

By Andualem Sisay Gessesse -The government of Ethiopia has arrested 36 people accused of running hidden prisons across the nation

Politics

Ethiopia Great dam construction manager found dead

July 26, 2018August 1, 2018 78 ViewsEthiopia, GERD construction head foud dead, Grand Ethiopian Renaissance Dam, Metal Engineering Corporation, METEC, Seyoum Teshome 1 min read

Engineer Simegnew Bekele, Project Manager of the Grand Ethiopian Renaissance Dam (GERD), was found dead this morning at Meskel Square