Ethiopia – Al Amoudi fires MIDROC CEO Dr. Arega (newbusinessethiopia)—Sheikh Mohammed Hussein Ali Al Amoudi, the Ethiopian born Saudi billionaire today fired Dr. Arega Yirdaw, CEO of the biggest investment group in Ethiopia, Mohammed International [Read More]
How new proposed US restrictions on chip-making equipment will affect Africa (myjoyonlin)–Some senior officials in the Trump administration have agreed to new measures to restrict the global supply of chips to Huawei Technologies, at a [Read More]
(Inbox) “የኢትዮጵያ ንግድ ባንክ ቦርድ ዘረኝነት አይኑን ስለወረው በጥድፊያ እየተወራጨ ነው። (አቶ አቤ ሳኖ የCBE President አድስ በመሆኑ ገና አልደረሰባቸውም) የባንኩ ቦርድ ለዋትሮው በወራት የሚሰበሰብ ቢሆንም በለፉው 1 ወር ባልሞላ እድሜው ውስጥ አምስት ጊዜ ተሰስቧል። [Read More]
Worried that $2 trillion law wasn’t enough, Trump and congressional leaders converge on need for new coronavirus economic package Political leaders say more aid is needed to confront mounting economic problems BY Erica Werner and Mike [Read More]
US stocks rise despite growing risks to global economy from coronavirus outbreak Source : RT US coronavirus cases near 150,000, with over 2,500 dead The number of confirmed coronavirus cases in the US is [Read More]
Drilling officially kicked off for Tulu Moye geothermal project in Ethiopia KenGen and TMGO have officially kicked off drilling for the Tulu Moye geothermal power project in Ethiopia. KenGen is the drilling contractor for the [Read More]
Heat from the earth: Toshiba and Toyota win geothermal deal in Ethiopia Toshiba and Toyota have joined with Turkish company Egesim Energy in a deal with the Ethiopian government to further develop the African country’s [Read More]
US ready to back Ethiopian reform with $5bn investment New development agency seeks to counter China by funding private sector David Pilling (ft)—Please use the sharing tools found via the share button at the top [Read More]
UAE Cancelled the construction of military base in Berbera By: Jama Farah, Horndiplomat Contributor (horndiplomat)-The government of the United Arab Emirates has Cancelled the construction of the military base in Berbera, Somaliland. Horndiplomat reports According [Read More]
ETHIOPIA: EEP signs EPC contract for Aluto Langano geothermal power plant By Jean Marie Takouleu Three companies have been selected by Ethiopian Electric Power (EEP) for the construction of the Aluto Langano geothermal power plant in [Read More]
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