Ethiopia Mines Ministry gives go ahead for Tulu Kapi development

JOHANNESBURG (miningweekly.com) – Aim-listed gold explorer and developer Kefi Minerals has received approval from Ethiopia’s Ministry of Mines to develop its Tulu Kapi project. The company’s application for the 86 000-oz/y mine was now before the Council of Ministers for approval to execute a mining agreement and to issue the mining licence and full permitting

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Ethiopia And Egypt To Sign A Final Agreement On Nile Dam In Khartoum

Ahram Online Ethiopia dam studies firm to be announced soon: Egypt minister Sudanese capital Khartoum will host a trilateral summit for Egypt, Ethiopia and Sudan on 23 March, state news agency MENA reported. Sudanese Foreign Minister Ali Karti said on Saturday that Egyptian President Abdel-Fattah El-Sisi, Ethiopian Prime Minister Hailemariam Desalegn and Sudanese President Omar

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Ethiopia’s crackdown on journalists, opposition ahead of May polls leads to funds cut

By William Davison, Bloomberg Aid in the past 5 years helped Ethiopia reduce child mortality by nearly 70% and introduce social welfare for 8 million of its poorest people. THE UK ended support for a programme funding public services in Ethiopia partly because of the  Horn of Africa nation’s crackdown on journalists and opposition politicians

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France 24 on Renaissance Dam and it’s implications to the region

FRANCE 24 – Due to a lack of sufficient funding, work on the project – estimated at four billion euros – is delayed. Our reporters went to see. The Nile dam is expected to produce as much energy as six nuclear power stations for one of the world’s poorest states, but the population may pay

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Emerging Markets investors need Ethiopia on their shortlist

By Anders Heede of BDO, FT Many emerging markets, especially in sub-Saharan Africa, have seen solid GDP growth in the past decade driven mainly by natural resources. But with falling commodity prices and Chinese demand dwindling, those with overly resource-dependent economies are being caught. Companies seeking to invest in emerging markets should be on the

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Naming consultancy office for Ethiopia dam to take more time

By Al-Masry Al-Youm       Water Resources and Irrigation Minister Hossam Moghazi said that Egypt, Sudan and Ethiopia have decided to defer the announcement of the name of the consultancy office chosen to conduct more studies on Ethiopia’s controversial Renaissance Dam. The postponement came at the request of the 12-expert tripartite committee, which comprises experts from

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Addis Abeba The 10th poorest cities in the world

By Nick Compton, The Guardian Which is the poorest city in the world? Ranking hardship is not a simple, or happy, task – but as the world urbanises, city poverty becomes ever more important. Here are the places that struggle most For most of history, and despite the stereotype of urban squalour, it has been

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US Drone Strike in Somalia Kills Westgate Planner

By TOM ODULA, Associated Press NAIROBI, Kenya — A U.S. drone strike in Somalia on Thursday is believed to have killed a senior member of the al-Shabab extremist group who allegedly helped plan the 2013 Westgate Mall attack in Nairobi, officials said. Adan Garar and two others are suspected to have been killed after their

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Donors Warn Ethiopia of Omo Conflict Risk From Rapid Sugar Plans

By William Davison (Bloomberg) — Development of the Ethiopian sugar industry in South Omo that will bring in migrant laborers may exacerbate conflict in the ethnically diverse region, according to the U.S. aid agency and other donors. The state-owned Ethiopian Sugar Corp. is tapping loans from the Development Bank of China to build six sugar-processing

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Sole opponent in Ethiopia parly won’t run in May

Addis Ababa – Ethiopia’s sole opposition member of parliament said on Wednesday he would not run in the May election and his party would not field candidates because of state meddling in the party’s leadership, casting a new shadow over the vote. Rights groups have criticised the government for stifling dissent in the media and

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