THE MIGHTY MERKATO - INCUBATOR OF ETHIOPIAN WEALTH
Posted: 19 Feb 2024, 14:41
It is all about energy, it empowers everything we see and live in, technology, society, economy, international relations and many more.
https://finance.yahoo.com/news/ethiopia ... 5b9WVpaZTPEthiopia has the potential to generate more than 60,000 MW of electric power from hydroelectric, wind, solar, and geothermal sources. It also has seven trillion cubic feet of proven natural gas reserves in its Ogaden Basin. Despite this strong potential, Ethiopia has struggled to tap into its natural energy sources due to a lack of investment. At present, it has 5,200 MW of installed generation capacity, which supplies electricity to less than 60 percent of the Ethiopian population. The government aims to increase this capacity to 17,000 MW within the next decade, but there are fears that demand may still outpace supply as both the economy and population continue to grow.
https://www.scmp.com/tech/tech-trends/a ... al-climateChinese bitcoin miners are flocking to Ethiopia, attracted by cheap energy, ideal climate
- The east African nation has emerged as a haven for Chinese bitcoin miners, who were forced out of their home country after Beijing imposed a crypto ban
- Mining can potentially boost foreign-currency earnings, but it is also a delicate topic in a nation where many people have no access to electricity
https://www.thereporterethiopia.com/38642/Officials hit pause on cryptocurrency mining permits as entrants ready to start operations
More than 20 firms ink power purchase deals with EEP
Ethiopian authorities have temporarily suspended the issuance of new operation permits for cryptocurrency mining ventures after awarding permits to no less than 21 firms.
Officials say the suspension will remain in place until there are clear indications that the firms already awarded permits have made good progress in implementation. Nineteen of the 21 firms are foreign-owned, while two are domestic.
Bitcoin is a digital currency that works not through central banks but ledgers operated by block chain technology. It requires powerful computers to process the huge amounts of data in real time, which, in turn, translates to vast energy needs.
You are such a scumbag and as such also think to give a lesson to someone else, what?Horus wrote: ↑19 Feb 2024, 18:04DDT,
Hopefully, you get one or two lessons from these lights. Your proverbial error is you mix your support for your regime and the Greatness of Ethiopia. The last few days, I have copied and pasted images of Addis Abeba to make a point. All of those high rise building and villas are built by individual persons and private businesses. Even all or most of Abiy superficial beautifications are done by the contributions of wealthy business people and industrialist. In spite of Abiy's criminal and stupid Regime, Ethiopia is organically growing by labor and creativity of her people. All these city lights ae paid and done by each individual building owners. JUST REMEMBER, THIS IS NOT THE LIGHT OF OROMUMA REGIME, THIS IS THE LIGHT OF THE UNSTOPABLE POWER OF THE PEOPLE.
You tried hard to make it appear that somebody is purposely starving some section of the Ethiopian people, without presenting any sort of supporting evidence, as usual.Selam/ wrote: ↑20 Feb 2024, 08:23ሁለታችሁም ግራ ስለገባችሁ እኔ ሰላም ላስታርቃችኋ።
ዛሬ በማንነታቸው በየቦታው በግፍ የሚገደሉት፣ ከቤታቸው የሚፈናቀሉት፣ በእስር ቤት የሚማቅቁትና በችጋር ቸነፈር የሚቆሉት ወገኖቻችን እናንተ ከሩቁ ሆናችሁ የምተደንቁትና የምትጨቃጨቁበት መብራትና ህንፃ አይታያቸውም። እነሱ ዛሬ የሚያስጨንቃቸው ከየት ፍርፋሪ እንደሚያገኙና ከተጋረጠባቸው መከራ እንዴት እንደሚወጡ ነው። ድሃውን ሰው እርሳውና፣ ዛሬ አማካኝ ገቢ ያለው ቤተሰብ እንኳን ቤት ኪራይ ከፍሎ ቀለቡን መሸመት አይችልም።
ስለዚህ እኔ ሰው በጠኔ እያለቀ መሆኑን አይምሮዬ እያወቀ ዓብይ ለሰራው ፖርክና ሪዞርት ገንዘብ ከፍዬ አልጠቀምም ስለዚያም ጉዳይ ማውራት አልሻም። ለድሮን መግዣ መዋጮ ሰጪ አልሆንም። ስለዚህ እሱ ከፈለገ ችግኙን ይትከል፣ ሙዚየሙን ይገንባ እኔ ምን አገባኝ። እኔ የሚያገባኝ የህዝብ ብሶት ነው፣ ስለዚህ የዓብይ ስራን ማዳነቁን ለካድሬዎችና ለደላላዎች እተወዋለሁ።
ግን ለግንዛቤ እንዲረዳ አንድ ነገር ልጨምር፥ በጊዜው በአውሮፓ ትልቁን የመሰረተ ልማት ግንባታና ፈጣን የኢኮኖሚ ለውጥ ሲመራ የነበረው ሂትለር በጀርመኖች ይወደድ ነበር። ምክንያቱም ዓይናቸው ማየት የሚሻውን የሚሰራላቸው ስለመሰላቸው ነው። ከጦርነቱ በኋላ በህይወት አግኝተውት ቢሆን ኖሮ ግን አንጠልጥለው ይሰቅሉት ነበር። አሁንም እናንተ ዓይናችሁ ማየት ስለሚሻው ጉዳይ ብቻ ነው የምታወሩት። ለአብዛኛው የኢትዮጵያ ህዝብ ግን ኑሮ እስከ አሁን ጨለማ ነው፣ ዕድሉንም ቢያገኙ ዕርኩሱ ዓብይን ዘቅዝቀው ይሰቅሉታል።
DefendTheTruth wrote: ↑20 Feb 2024, 16:02You tried hard to make it appear that somebody is purposely starving some section of the Ethiopian people, without presenting any sort of supporting evidence, as usual.Selam/ wrote: ↑20 Feb 2024, 08:23ሁለታችሁም ግራ ስለገባችሁ እኔ ሰላም ላስታርቃችኋ።
ዛሬ በማንነታቸው በየቦታው በግፍ የሚገደሉት፣ ከቤታቸው የሚፈናቀሉት፣ በእስር ቤት የሚማቅቁትና በችጋር ቸነፈር የሚቆሉት ወገኖቻችን እናንተ ከሩቁ ሆናችሁ የምተደንቁትና የምትጨቃጨቁበት መብራትና ህንፃ አይታያቸውም። እነሱ ዛሬ የሚያስጨንቃቸው ከየት ፍርፋሪ እንደሚያገኙና ከተጋረጠባቸው መከራ እንዴት እንደሚወጡ ነው። ድሃውን ሰው እርሳውና፣ ዛሬ አማካኝ ገቢ ያለው ቤተሰብ እንኳን ቤት ኪራይ ከፍሎ ቀለቡን መሸመት አይችልም።
ስለዚህ እኔ ሰው በጠኔ እያለቀ መሆኑን አይምሮዬ እያወቀ ዓብይ ለሰራው ፖርክና ሪዞርት ገንዘብ ከፍዬ አልጠቀምም ስለዚያም ጉዳይ ማውራት አልሻም። ለድሮን መግዣ መዋጮ ሰጪ አልሆንም። ስለዚህ እሱ ከፈለገ ችግኙን ይትከል፣ ሙዚየሙን ይገንባ እኔ ምን አገባኝ። እኔ የሚያገባኝ የህዝብ ብሶት ነው፣ ስለዚህ የዓብይ ስራን ማዳነቁን ለካድሬዎችና ለደላላዎች እተወዋለሁ።
ግን ለግንዛቤ እንዲረዳ አንድ ነገር ልጨምር፥ በጊዜው በአውሮፓ ትልቁን የመሰረተ ልማት ግንባታና ፈጣን የኢኮኖሚ ለውጥ ሲመራ የነበረው ሂትለር በጀርመኖች ይወደድ ነበር። ምክንያቱም ዓይናቸው ማየት የሚሻውን የሚሰራላቸው ስለመሰላቸው ነው። ከጦርነቱ በኋላ በህይወት አግኝተውት ቢሆን ኖሮ ግን አንጠልጥለው ይሰቅሉት ነበር። አሁንም እናንተ ዓይናችሁ ማየት ስለሚሻው ጉዳይ ብቻ ነው የምታወሩት። ለአብዛኛው የኢትዮጵያ ህዝብ ግን ኑሮ እስከ አሁን ጨለማ ነው፣ ዕድሉንም ቢያገኙ ዕርኩሱ ዓብይን ዘቅዝቀው ይሰቅሉታል።
What we see is that the government is trying to help those in need, mobilizing resources, sensationalizing the public towards those who couldn't afford like the introduction of dining with those in need (ማዕድ ማጋራት), from which we never heard before at the government level, crafting a policy of supporting those in needs by the youth during school free times (የአቅመ-ደካሞችን ቤት ማደስ ና መገንባት), building and offering new homes to those who can't afford (thousands, if not hundreds of thousands over the last few years, have benefited from this scheme only in Addis, regions are also adopting the scheme and many more.
What you are essentially saying is that the government shouldn't use the scarce resources to invest into the future of the nation: it should stay where it is and help those needing food to eat. It did already and there is no end of hunger: Tigray has been allocated around 63 Billion ETB since the end of the war (according to some reports) but still it is complaining about hunger.
You can never eradicate hunger by providing more and more help (aid). You have to enable the recipient to help itself somewhere down the road.
From those parks and other development projects you are trying to criticize there are also thousands of the youth who are gaining not only income for today but also a more durable skills for their future. Thousands of Ethiopian youth are gaining very helpful skills, which will going to help the country in the future to build it from bottom up. All those new architectural magnifications are being built by Ethiopians themselves, which is a big potential for the future of the country. This is more than investing in the buildings and other projects, it is an investment into the future of the nation.
We can eat everything we have and forget about tomorrow, is what you are expecting the government to do. That is to your level.
There is no development without an investment, an investment can only happen if we try to save from the meager resources and put it to the future.
Youtubers can try to dictate that but those in the government have proven time and again that they do understand what to do, they are availing in that. If you live in denial then that is your choice.