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Tag: mineral exploration

  • Ethiopia Secures $1.7 Billion Investments in Minerals and Energy

    Ethiopia Secures $1.7 Billion Investments in Minerals and Energy

    Ethiopia has recently announced securing investment deals exceeding $1.7 billion for its minerals and energy sectors, predominantly with Chinese companies. These agreements were finalized during a two-day investment conference in Addis Ababa, as the country continues its ambitious economic reform program. Among the major deals is a $500 million investment from Hua Ye Mining Processing…

  • Chinese Firms Inject $1.75 Billion into Ethiopia’s Economy

    Chinese Firms Inject $1.75 Billion into Ethiopia’s Economy

    Chinese companies are set to inject $1.75 billion into Ethiopia’s economy, focusing on solar technology and mineral exploration. This significant investment is a testament to the growing economic ties between China and African nations. Finance Minister Ahmed Shide announced that five Chinese firms are gearing up to contribute to Ethiopia’s development. EF ECOFLOW 100W Flexible…