Ethiopian Monitor

Daily News from Ethiopia

BusinessNews

Ethiopia, Jordan Discuss Investment in Mining Sector

ADDIS ABABA – Ethiopia and Jordan on Tuesday held a high-level discussion to explore investment opportunities in the mining sector in the East African nation.

Minister of Mines Takele Uma met with Prince Abbas Bin Ali Bin Nayef of Jordan and a delegation of United Capital at his office.

The two sides discussed investment opportunities for the development of Natural Gas and exploring other minerals in Ethiopia.

“We’ve agreed on a partnership and laid out the foundation to begin work immediately,” Takele said in a tweet.

Ethiopia has an estimated 7 trillion Cubic Feet (7TCF) untapped reserve in its Ogaden Basin.

Authorities are keen to utilize the resources for fertilizer and energy production.

You May Also Like

Voters’ Registration Extended by 48-hours for Elections in Harari, Somali, SNNP

ADDIS ABABA – The National Election Board of Ethiopia (NEBE) on Friday said it has extended Voter Registration deadline for

General Birhanu Jula Gets Djibouti’s Top Military Honor

ADDIS ABEBA – Ethiopia’s Army Chief of Staff, General Birhanu Jula, has been confirmed with Djibouti’s highest military medal on

African Nations urged to Work together to Restitute Stolen Artifacts 

ADDIS ABABA –  Community leaders have called on African countries to work together in pursuing the restitution of heritage resources

Four Foreign Firms to Develop Solar Energy in Ethiopia

ADDIS ABABA – Ethiopian Electric Utility (EEU) signed deals with three Chinese firms as well as one Spanish company that

Ethiopia’s Harari Region Reports its First COVID-19 Case

ADDIS ABABA –Harari regional state has reported its first case of coronavirus late on Thursday, taking the total number of

Deputy PM Holds Talks with EU Human Rights Envoy

ADDIS ABABA – Deputy Prime Minister and Foreign Minister Demeke Mekonone has discussed recent developments in Ethiopia with European Union