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Business, Economy, Investment, Growth.

Tag Archive for: Economy

US businessmen are close to exploiting Ethiopia’s oil plans in a multibillion-dollar scheme

January 1, 2021/0 Comments/in Economy, English, External/by Solomon

Source: Quartz Africa | By Zecharias Zelalm

An Ethiopian-American investor and his partners are on the brink of pulling off an elaborate scheme that may unfairly take advantage of Ethiopia’s long-held ambitions to build its own oil & gas industry and become energy independent.

Nebiyu Getachew, 48, chief executive of GreenComm Technologies, a Virginia-based energy firm, signed a $3.6 billion deal with Ethiopia’s ministry of Mines and Petroleum on April 28 to construct an oil refinery in Ethiopia’s oil-rich Somali region.

But checks reveal little evidence GreenComm Technologies and its key executives have the expertise or experience to take on this major project. The company has no known industry credentials and has been delisted from the Virginia corporate database on two occasions, likely for failure to pay company registration fees on time. Read more

https://solomonegash.com/wp-content/uploads/2023/01/snlogo.png 0 0 Solomon https://solomonegash.com/wp-content/uploads/2023/01/snlogo.png Solomon2021-01-01 16:39:582026-03-10 19:57:41US businessmen are close to exploiting Ethiopia’s oil plans in a multibillion-dollar scheme

Karuturi Demands Compensation From Ethiopia for Failed Land Deal

September 22, 2017/0 Comments/in Economy, English, News/by Solomon
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0 0 Solomon https://solomonegash.com/wp-content/uploads/2023/01/snlogo.png Solomon2017-09-22 12:06:242017-09-22 12:06:24Karuturi Demands Compensation From Ethiopia for Failed Land Deal

The veins of Ethiopia’s growth

September 17, 2017/0 Comments/in Economy, News/by Solomon

The veins of Ethiopia’s growth The Hindu Ethiopia’s “umbilical cord”, Djibouti, could soon feel the pinch. After Ethiopia lost its lifeline to the Red Sea following the independence of Eritrea…

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0 0 Solomon https://solomonegash.com/wp-content/uploads/2023/01/snlogo.png Solomon2017-09-17 15:02:542017-09-17 15:02:54The veins of Ethiopia’s growth

Ethiopia is struggling to make housing affordable

August 31, 2017/0 Comments/in Economy, English, Ethiopia, News/by Solomon
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0 0 Solomon https://solomonegash.com/wp-content/uploads/2023/01/snlogo.png Solomon2017-08-31 19:33:402017-08-31 19:33:40Ethiopia is struggling to make housing affordable

What to Do in Addis Ababa, Ethiopia, According to Liya Kebede

April 5, 2017/0 Comments/in Culture, Economy, News/by Solomon
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0 0 Solomon https://solomonegash.com/wp-content/uploads/2023/01/snlogo.png Solomon2017-04-05 11:39:152026-03-10 19:57:44What to Do in Addis Ababa, Ethiopia, According to Liya Kebede

Tanzania plans to import 400 MW of electricity from Ethiopia

April 2, 2017/0 Comments/in Economy, English, News/by Solomon
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0 0 Solomon https://solomonegash.com/wp-content/uploads/2023/01/snlogo.png Solomon2017-04-02 12:54:152026-03-10 19:57:44Tanzania plans to import 400 MW of electricity from Ethiopia

Norfund Invests in a Beef Exporter in Ethiopia

April 1, 2017/0 Comments/in Economy, English, News/by Solomon
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0 0 Solomon https://solomonegash.com/wp-content/uploads/2023/01/snlogo.png Solomon2017-04-01 19:34:032026-03-10 19:57:45Norfund Invests in a Beef Exporter in Ethiopia

Ongoing Social Unrest Undermines Booming Ethiopia’s Grand Economic Plans

April 1, 2017/0 Comments/in Economy, Ethiopia, Opinion, Politics/by Solomon
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0 0 Solomon https://solomonegash.com/wp-content/uploads/2023/01/snlogo.png Solomon2017-04-01 09:37:042026-03-10 19:57:46Ongoing Social Unrest Undermines Booming Ethiopia’s Grand Economic Plans

Ethiopian Airlines: Oslo Intensifies African Connections

March 28, 2017/0 Comments/in English, Ethiopia, News/by Solomon
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0 0 Solomon https://solomonegash.com/wp-content/uploads/2023/01/snlogo.png Solomon2017-03-28 19:18:442026-03-10 20:08:09Ethiopian Airlines: Oslo Intensifies African Connections

China-built industrial park will boost Ethiopian economy and jobs

March 26, 2017/0 Comments/in Economy, English, News/by Solomon
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0 0 Solomon https://solomonegash.com/wp-content/uploads/2023/01/snlogo.png Solomon2017-03-26 14:19:232017-03-26 14:19:23China-built industrial park will boost Ethiopian economy and jobs
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