East Africa Metals, a Canadian mineral exploration company, obtained approval for mining licences in Ethiopia to work on the Mato Bula Gold Copper and Da Tambuk Gold Deposits. East Africa Metals focuses on exploration and development projects in Africa.
Add a comment Add a commentThe Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank on 17 May 2019 approved a $995,000 grant to support the roll out of a sustainable procurement framework for Independent Power Producers (IPPs) in Ethiopia.
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NEC Corporation, a Japanese multinational provider of IT services and products, has expressed its interest to enter Ethiopia’s telecom and information technology market, Ethiopian Investment Commission disclosed.
Prime Minister Abiy Ahmed hosted the “Dine for Sheger” event at the National Palace last night. The event is a fundraising effort to the Beautifying Sheger Project, announced at the end of February this year, calling upon benefactors, both individuals and organizations, to contribute 5 million birr per seat to secure a spot at the event.
Ethiopia’s GDP growth will exceed and expand the 7 percent mark characteristic of the African continent well into the 2020’s, as per a report by the British Bank Standard Chartered and ASEAN’s Macroeconomic Research Office. Pacing up with Ethiopia is the other African country Cote d’Ivoire.
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