ThermoHelix, a Canadian company that manufactures power generation systems from solid waste and sludge, announced plans to finance and erect a Waste-to-Energy plant in Ethiopia.
The company has already submitted its proposal to the Ethiopian Electric Power Corporation (EEPCo) and Addis Ababa City Administration to engage in the waste energy project back in December 2012. Add a comment Add a commentThe Ethiopian Ministry of Mines drafted a proclamation to decrease Ethiopia's mining income tax from 35 to 25 per cent.
According the draft, the reduction is aimed at boosting the mining industry in Ethiopia to meet its targets set in the five-year Growth and Transformation Plan (GTP). Add a comment Add a commentNyota Minerals, the dual listed on the AIM Market of the London Stock Exchange (AIM:NYO.L) and the Australian Stock Exchange gold exploration and development company, has reported the discovery of a new gold anomaly at the Boka-West target in the company's fully Northern Block exploration license areas in Western Ethiopia.
Allana Potash, a Canadian company focusing on potash asset development and several potash concessions in Ethiopia has announced last week that it has filed a complete feasibility study to the Ethiopian Ministry of Mines in a bid to acquire a mining license.
SouthWest Energy, an Ethiopian oil and gas company, announced the results of the Competent Persons Report (CPR), a study commissioned by the company and prepared by an independent consultant, Senergy (GB) Limited, for the company’s Gambella basin block (an extension of the large oil producing Melut basin in South Sudan) and blocks 9A, 9 and 13 in the Jijiga basin, a part of the Ogaden basin in Ethiopia.
“I am very pleased to announce the results of the CPR by Senergy, which I consider a significant step forward for our company and a strong validation of our work to date,” Tewodros Ashenafi, Chairman and CEO of SouthWest Energy said on the press release on last Thursday.
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