Capital
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- Allied Gold begins wet commissioning at Kurmuk mine, targets first gold
Allied Gold Corporation has commenced wet commissioning at its flagship Kurmuk Gold Mine in western Ethiopia, marking a major step in transitioning from construction to production. The company expects to introduce ore…
- African Energy Bank established with $5 billion capital to bridge financing gap
The African Export-Import Bank and the African Petroleum Producers Organization have officially established the African Energy Bank with a capital of 5 billion dollars. The bank aims to address the financing gap in the…
- Ethiopia to electrify Djibouti trade corridor with multi-million-dollar EV plan
Ethiopia is preparing a proposed multi-million-dollar electric-vehicle infrastructure project to electrify its trade corridor to Djibouti, aiming to reduce reliance on imported fuel and cut transport costs, Capital…
- Jubilation Africa seeks to expand work opportunities for local creatives
Cultural events are generating employment for musicians, designers, and technicians in Ethiopia, though questions persist regarding whether project-based entertainment industries can ensure sustainable incomes, Capital…