Alternative Africa

Top Menu

  • Home
  • About Us
  • Privacy Policy
  • Terms of Use
  • Contact Us

Main Menu

  • Home
  • Arts & Culture
  • Business
  • Environment
  • Politics
  • Sports
  • Reports
    • Africa-Observers
      • Read Reports
      • Submit a story
  • MORE
    • Health
    • News Now
    • World
    • Technology
Sign in / Join

Login

Welcome! Login in to your account
Lost your password?

Lost Password

Back to login
  • Home
  • About Us
  • Privacy Policy
  • Terms of Use
  • Contact Us

logo

Alternative Africa

  • Home
  • Arts & Culture
  • Business
  • Environment
  • Politics
  • Sports
  • Reports
    • Africa-Observers
      • Read Reports
      • Submit a story
  • MORE
    • Health
    • News Now
    • World
    • Technology
  • Inside the “filthy, inhuman barracks” for UK asylum seekers

  • British billionaire killed employee in Namibia over sex demand

  • How eating a plant-based diet can prevent COVID-19

  • Meghan contemplated suicide after Royal family expresses ‘concerns’ about how dark Archie could be

  • EU medicine regulator urges caution on Russia’s Sputnik COVID-19 vaccine

BusinessEnvironmentNews Now
Home›Business›Ethiopia: Government expels state firm from Nile dam project after construction delays

Ethiopia: Government expels state firm from Nile dam project after construction delays

By VJ Africa
August 27, 2018
525
0
Share:

Addis Ababa, August 27, 2018,(AltAfrica)  – Ethiopia has ousted state-run Metals and Engineering Corporation (METEC) from a $4 billion dam project on the River Nile due to numerous delays in completing the project.

The Grand Renaissance Dam is the centrepiece of Ethiopia’s bid to become Africa’s biggest power exporter.

Prime Minister Abiy Ahmed said at the weekend that the government had cancelled the contract of METEC, which is run by Ethiopia’s military, and would award it to another company.

Italian firm Salini Impregilo remains the main contractor building the dam, while METEC was the contractor for the electromechanical and hydraulic steel structure divisions of the project.

The government has touted the 6,000-megawatt dam project, which is 60 percent finished, as a symbol of its economic reforms.

“It is a project that was supposed to be completed within five years, but seven or eight years later not a single turbine is operational,” Abiy said during a news conference in Addis Ababa on Saturday.

“Salini has even demanded compensation because of the delays. We decided to cancel a contract with METEC and offer companies with experience. Otherwise, it will take even longer,” he said.

Abiy has presided over a series of reforms since coming to power in April, releasing political prisoners, relaxing state control of the economy and dramatically improving relations with Ethiopia’s neighbour Eritrea.

The government had previously said the dam would be completed within two years, but recently Abiy said it may face a lengthy delay.

An official at METEC, who did not wish to be named, said the company first heard of the cancellation on Saturday.

“Even now our workers are on the site,” the official said.

SHARE ON:
Previous Article

Congo trial over killings of U.N. experts ...

Next Article

Egypt: Security forces kill five suspected militants ...

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

VJ Africa

Related articles More from author

  • Breaking NewsNews NowPolitics

    Uganda: High court grants bail to lawmaker charged with treason – Judge

    August 27, 2018
    By VJ Africa
  • News Now

    Nigeria: Northerners should revive the idea of mosques as alternative to schools- Emir of Kano

    October 29, 2018
    By alternativeafrica
  • AfricaBusinessEnvironmentNews Now

    Africa to scrap coal power stations for renewable energy, says AfDB President

    September 26, 2019
    By alternativeafrica
  • HealthNews NowWorld

    Heatwave kills tons of fish in French lake as water temperature nears 29C

    August 15, 2020
    By alternativeafrica
  • News Now

    Ex-Florida Police Chief Admits To Framing Innocent Black Men

    September 21, 2018
    By alternativeafrica
  • HealthNews Now

    Congo: Spike in Ebola cases pushes outbreak to tipping point – aid workers

    October 12, 2018
    By VJ Africa

Leave a reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

You might be interested

  • AfricaBusinessNews Now

    South Africa: Pres. Ramaphosa seeks investment pledges to help struggling economy

  • BusinessNews Now

    “There is no lack of ambitious plans. It is in implementation that Africa falls short,” Dolika Banda, CEO at ARC

  • AfricaHealthNews Now

    Africa’s covid-19 infections surge towards 20,000 with 1000 deaths

Timeline

  • March 9, 2021

    Inside the “filthy, inhuman barracks” for UK asylum seekers

  • March 9, 2021

    British billionaire killed employee in Namibia over sex demand

  • March 9, 2021

    How eating a plant-based diet can prevent COVID-19

  • March 8, 2021

    Meghan contemplated suicide after Royal family expresses ‘concerns’ about how dark Archie could be

  • March 8, 2021

    EU medicine regulator urges caution on Russia’s Sputnik COVID-19 vaccine

  • Popular

  • Comments

  • Lagos govt confirms first case of deadly coronavirus infection in Nigeria

    By alternativeafrica
    February 28, 2020
  • Keynote Address of President Nana Addo Dankwa Akufo-Addo at 2018 Oxford Africa Conference

    By PSJ Africa
    May 14, 2018
  • Morocco begins regional integration by connecting Casablanca Airport with High Speed Train

    By alternativeafrica
    January 4, 2020
  • Kenyan govt pressure Facebook for data on Kenyan users

    By alternativeafrica
    November 20, 2019
  • Nigeria: 32,000 capacity Lagos rice mill to start production in 2020

    By alternativeafrica
    December 23, 2019
  • Ado zagi
    on
    January 12, 2021

    Nigeria: EFCC Academy to begin award of degree

    Diploma leave areply from
  • Ethiopia joins Africa's Artificial Intelligence revolution | Alternative Africa
    on
    October 2, 2020

    Spending on Artificial Intelligence Systems in Africa, Middle East to top $374 million in 2020

    […] Many African countries ...
  • The 5 most popular Africans 2020
    on
    September 25, 2020

    Celebrating Congolese doctor Jean-Jacques Muyembe, the man behind breakthrough of Ebola cure

    […] Dr. Jean-Jacques Muyembe ...
  • Millitants in Central Mali Set Jail Ablaze in Attack Killing Two | taktik(z) GDI (Government Defense ...
    on
    August 11, 2020

    Fifteen gendarmes killed in another attack on Mali camp

    […] attack fol­lowed a January ...
  • Millitants in Central Mali Set Jail Ablaze in Attack Killing Two
    on
    August 11, 2020

    Fifteen gendarmes killed in another attack on Mali camp

    […] attack followed a ...
AlternativeAfrica.com is an independent Pan African News Website dedicated primarily to influencing the negative narratives about Africa. We hope to do this by focusing and showcasing the many developmental strides sweeping across the continent.

Read more >>>

Contact Info

  • info@alternativeafrica.com
  • Recent

  • Popular

  • Comments

  • Inside the “filthy, inhuman barracks” for UK asylum seekers

    By alternativeafrica
    March 9, 2021
  • British billionaire killed employee in Namibia over sex demand

    By alternativeafrica
    March 9, 2021
  • How eating a plant-based diet can prevent COVID-19

    By alternativeafrica
    March 9, 2021
  • Meghan contemplated suicide after Royal family expresses ‘concerns’ about how dark Archie could be

    By alternativeafrica
    March 8, 2021
  • Lagos govt confirms first case of deadly coronavirus infection in Nigeria

    By alternativeafrica
    February 28, 2020
  • Keynote Address of President Nana Addo Dankwa Akufo-Addo at 2018 Oxford Africa Conference

    By PSJ Africa
    May 14, 2018
  • Macron in Ivory Coast to launch anti-terrorism academy

    By alternativeafrica
    December 21, 2019
  • Kenyan govt pressure Facebook for data on Kenyan users

    By alternativeafrica
    November 20, 2019
  • Ado zagi
    on
    January 12, 2021

    Nigeria: EFCC Academy to begin award of degree

    Diploma leave areply from
  • Ethiopia joins Africa's Artificial Intelligence revolution | Alternative Africa
    on
    October 2, 2020

    Spending on Artificial Intelligence Systems in Africa, Middle East to top $374 million in 2020

    […] Many African countries ...
  • The 5 most popular Africans 2020
    on
    September 25, 2020

    Celebrating Congolese doctor Jean-Jacques Muyembe, the man behind breakthrough of Ebola cure

    […] Dr. Jean-Jacques Muyembe ...
  • Millitants in Central Mali Set Jail Ablaze in Attack Killing Two | taktik(z) GDI (Government Defense ...
    on
    August 11, 2020

    Fifteen gendarmes killed in another attack on Mali camp

    […] attack fol­lowed a January ...

Photostream

    Follow us

    • Home
    • About Us
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © Copyright Alternative Africa 2019. All rights reserved.