Fairfax Africa Fund, a US-based investment firm, in collaboration with multiple partners from Asian countries is…
Category: Energy & Oil
Ethiopia opens massive Gibe 3 hydroelectric dam on Omo River
ADDIS ABABA, Ethiopia (AP) — Ethiopia on Saturday officially opened the Gibe 3 hydroelectric dam, which…
Nation’s Most Expensive Dam Undertaken by Sino-Ethiopia JV
Addis Ababa, Ethiopia – A joint venture between two Chinese and one Ethiopian contractor are undertaking…
Ethiopia, World Bank Sign $203 Million Financing Agreement
Addis Ababa, Ethiopia – The government of Ethiopia and World Bank yesterday signed financial agreement amounting…
New Age Ltd assesses exploration well potential
By Kaleyesus Bekele Addis Ababa, Ethiopia -Â The British company that is prospecting for oil in the…
Tullow to start drilling third exploration well
By  Kaleyesus Bekele Addis Ababa, Ethiopia - The British oil company  in Ethiopia, Tullow Oil, is to…
Change the laws and boost investment, workshop tells government
Addis Ababa, Ethiopia -Â Various companies have proposed that the government introduce better petroleum and mining laws…
New Age discovers oil, gas in Elkuran-3
Addis ababa, Ethiopia -Â The British Oil company prospecting for oil in the Ogaden basin, New Age,…
Reykjavik Geothermal Agrees to Build 1,000 Megawatts in Ethiopia
Press Release The Government of Ethiopia and Reykjavik Geothermal (RG) today announced an agreement to build…