The summit also brought together government officials from Ethiopian Electric Utility, Ethiopian Electric Power, Petroleum and Energy Authority alongside private sector players
The Ethiopia n Electric Utility and Chinese telecom giant Huawei signed a Memorandum of Understanding on Friday 12 April to provide alternative electricity to communities living in Ethiopia 's off-grid areas including EV charging stations for electric vehicles, and sophisticated technologies to improve facility operations.
Speaking at the event, Liu Jifan, CEO of Huawei Ethiopia, stated that in the last few years, many African countries, including Ethiopia, have taken initiatives towards environmental challenges."In recent decades, the instability of the electricity system and the significant rise in oil costs in Africa have provided new prospects for solar energy solutions", the CEO said.
Tariku Demissie, Chief Technology Officer at the state-owned Ethio-telecom, said at the event that"Ethiopia has vast renewable energy resources, including solar, wind, geothermal, and hydropower. The Ethiopian government has recognized the potential of these resources and has set ambitious goals for renewable energy generation."
News Politics Economy Trade Business Sports Current Events Travel Ethiopia East Africa Economy Business And Finance Energy
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ethiopian Securities Exchange Garners Over 1.5 Billion Birr, Exceeding Capital-Raising TargetThe Ethiopian Securities Exchange (ESX) announced that it has raised 1.51 billion Birr capital, exceeding 'expectations in terms of capital and confidence shown by investors in the long-term prospects of both the exchange and Ethiopia's capital markets.
Read more »
Somalia Expels Ethiopian Ambassador As Tensions Rise Over Port DealIn a significant escalation of tensions between Somalia and Ethiopia, Somalia has sent back the Ethiopian ambassador and closed two consulates in the semi-autonomous region of Puntland and another in the breakaway region of Somaliland.
Read more »
Alleged human trafficking of 21 Ethiopian nationals: 2 arrested in PretoriaBreaking Stories
Read more »
Somalia Expels Ethiopian Ambassador and Closes Consulates in Port Deal DisputeSomalia has expelled Ethiopia's ambassador and closed two consulates in a dispute over a port deal, citing interference in its internal affairs.
Read more »
Human Rights Watch calls for suspension of Ethiopian National Defense Force in peacekeeping operationsHuman Rights Watch is urging the United Nations and the African Union to consider suspending new deployments of the Ethiopian National Defense Force (ENDF) in international peacekeeping missions. This comes after ENDF commanders were allegedly involved in the summary execution of civilians in Merawi town, leading to accusations of war crimes. Human Rights Watch has conducted interviews, reviewed videos and satellite imagery to support their claims.
Read more »
'Ethiopian Military Executes Dozens in Amhara Region'Human Rights Watch has accused the Ethiopian army of killing dozens of civilians and committing other war crimes in the country's northwestern Amhara region. The incident which took place in January is said to be among the deadliest for civilians in the fighting between federal forces and the Fano militia.
Read more »