Ethiopia suspends gold mining firm’s license after weeks of protests

ADDIS ABABA (Reuters) – Ethiopia has suspended a gold mining firm’s license after weeks of protests in a town near the mine by local people who accuse the company of polluting their... Read more »

Protests in Ethiopia forces govt to suspend MIDROC gold-mining license

The Ethiopian government through the sector ministry has suspended the mining license of top gold mining firm, Mohammed International Development Research and Organization Cos., MICROC. The state affiliated FANA Broadcasting Corporate reported... Read more »

Protesters Demand Ethiopia Cancel Al-Amoudi’s Gold-Mine Permit

FILE – Demonstrators gather in the Ethiopian town of Shakiso to oppose MIDROC gold mining operations in February 2016. They contend chemicals used in mining jeopardize public health. (Courtesy photo) Bloomberg –... Read more »

Mining Firm’s License Renewal Fuels Protests in Ethiopia

Demonstrators have taken to the streets in at least a dozen southern Ethiopian towns this week to protest the federal government’s renewal of a license for a mining company that they say... Read more »

Ethiopian-born billionaire detained in Saudi anti-corruption crackdown

An Ethiopian – born business mogul has been named in an anti-corruption crackdown by the Saudi Arabia government over the weekend. Mohammed Hussein Al Amoudi, 71, was detained along with 11 princes,... Read more »

Ethiopia: How Ethiopia Synergizes Its Economic Opportunities With Gulf’s Capital?

By Bilal Derso Ethiopia’s trade and investment relation with Gulf countries/Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates/ has though shown progress since recent years, there is a huge... Read more »

Ethiopia: There is a big need for infrastructure – Jemal Ahmed

The executive supervising MIDROC’s Ethiopian agriculture projects talks to The Africa Report about how rocketing consumption has been an opportunity for the company. The skyline of Ethiopia’s capital city, Addis Ababa, would... Read more »

Ethiopia’s Biggest Cement Factory Inaugurated

Derba MIDROC Cement Plc, Ethiopia’s biggest cement factory, was inaugurated here on Sunday in the presence of Prime Minister Meles Zenawi and other invited guests at a ground-breaking ceremony held with in... Read more »
djibouti port

Ethiopia to sign Agreement with Djibouti to use Port for Coal Import

Ethiopia is to sign an agreement with Djibouti next month for the use of its Port to ship in and unload coal that the Ethiopian Petroleum Enterprise (EPE) plans to import to... Read more »

Ethiopia: Omo River Bridge Collaps in Mid-Construction

AddisFortune: Around 90 metres of bridge being constructed by Midroc over Omo River collapses A 90-metre portion of the Omo River Bridge, which is under construction in Omorate Zone, Southern Regional State,... Read more »