Ethiopia has granted regulatory approval for Zijin Gold International’s USD 4 billion acquisition of Allied Gold Corporation, allowing the transaction to move closer to completion.
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Dangote Group is planning a major expansion into East Africa through the development of a proposed USD 17 billion oil refinery in Kenya, a project that could reshape the region’s energy landscape and reduce dependence on imported petroleum products.
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OLA Energy Group has signed a Share Purchase Agreement with TotalEnergies to acquire TotalEnergies Marketing Ethiopia, expanding its presence in Ethiopia’s downstream energy market.
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KEFI Gold and Copper has announced changes to its board as the company prepares for the next stage of development of the Tulu Kapi Gold Project in Ethiopia.
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Ethiopian Electric Utility (EEU) has signed an ETB 3 billion rehabilitation project agreement with Alpha TND & LTD and Capital Electech to upgrade electricity infrastructure in Ambo, Nekemte, and Asosa towns.
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