Tigray drills gold discovery in Northern Ethiopia

The Adyabo gold project in Northern Ethiopia continues to yield strong gold hits for Tigray Resources. Author: Kip Keen Tuesday , 11 Mar 2014  HALIFAX, NS (MINEWEB) -  Tigray Resources (TSX-V:TIG) drilled the Da Tambuk target in Northern Ethiopia for the

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Reykjavik to Start Drilling on $2 Billion Ethiopia Power Project

By William Davison March 11, 2014 Reykjavik Geothermal, the Icelandic power-plant builder, plans to begin drilling in Ethiopia by July as part of a $2 billion project to develop the renewable energy source, Chief Operating Officer Gunnar Orn Gunnarsson said.

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Addis Ababa looks like a construction site 

By Jenny Vaughan, AFP  March 11, 2014 Addis Ababa (AFP) – Above Addis Ababa’s concrete skyline, cranes tower high amid blasts from nearby drills and diggers. At the feet of buildings shrouded in bamboo scaffolding, excavators dig up dirt tracks,

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SatLink chosen as global TV distribution partner for Ethiopian Television

11 March 2014 SatLink Communications, a teleport, Content Management & HD Playout Centre, has nnounced that SatLink has been selected by the Ethiopian Radio and Television Agency (ERTA) for the global distribution of its ETV news channel. The Ethiopian Government

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$1 billion worth of Indian lines of credit help Ethiopia build sugar and power sectors

New Delhi, March 11 (IANS): Lines of Credit worth more than $1 billion extended by India to Ethiopia have helped the landlocked country build its sugar and power industries and rail network, Ambassador Gennet Zewide said here Monday. These three sectors

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Unilever Plans Manufacturing Plant in Ethiopia as Growth Surges

Mar 9, 2014  Unilever (UNA), the world’s second-biggest consumer-products maker, plans to open a manufacturing plant in Ethiopia during the next year in a bid to emulate its expansion into Vietnam, a company official said. The London- and Rotterdam-based company

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Unilever Plans Manufacturing Plant in Ethiopia as Growth Surges

Mar 9, 2014  Unilever (UNA), the world’s second-biggest consumer-products maker, plans to open a manufacturing plant in Ethiopia during the next year in a bid to emulate its expansion into Vietnam, a company official said. The London- and Rotterdam-based company

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Starbucks Celebrates Ethiopia Espresso Coffee

March 7, 2014  VENTURES AFRICA – From January to March 2014 customers will be able to drink Starbucks Ethiopia Origin Espresso, with its velvety notes of dark chocolate and sweet citrus. To celebrate Starbucks with the Ethiopian Embassy, hosted an event

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Ethiopian Airlines spend $55m on aviation academy – official

By: Apa  March 7, 2014  Copyright : APA The Ethiopian government said it has spent $55 million to expand the capacity of its aviation academy from 200 trainees to over a 1,000 within the last two years with a plan to

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Yum!, owner of KFC Restaurants looking at entering Ethiopia

Mar 6, 2014  Yum! Brands Inc. (YUM), the owner of the KFC fast-food chain, said it’s looking at entering Ethiopia, Africa’s second-most populous nation, as it expands across the continent. “Ethiopia is the one that stands out because it has

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