Ethiopia and Djibouti have announced a major cross-border petroleum infrastructure project aimed at strengthening energy security, cutting logistics costs and deepening economic cooperation between the neighboring countries.
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Ethiopia’s Kurmuk Gold Mine has entered a key commissioning phase, bringing one of the country’s largest gold projects closer to full scale commercial production.
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Ethiopia is finalizing preparations to double its electricity exports to Kenya as part of efforts to deepen regional energy integration and expand cross border power trade, Ethiopian Electric Power (EEP) said.
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China’s Zijin Gold International has acquired approximately 9.2 percent of Canadian mining company Allied Gold Corporation, giving the company indirect exposure to major gold assets including the Kurmuk project in western Ethiopia.
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The Ministry of Water and Energy has signed a contract worth more than Birr 933.6 million with Bigeta Business PLC for the drilling and construction of water wells in Angacha Woreda, Kembata Zone, Central Ethiopia Regional State.
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