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China’s Zijin Gold Acquires Stake in Allied Gold, Gaining Exposure to Ethiopia’s Kurmuk ProjectEnergy and MiningChina’s Zijin Gold Acquires Stake in Allied Gold, Gaining Exposure to Ethiopia’s Kurmuk ProjectChina’s Zijin Gold International has acquired approximately 9.2 percent of Canadian mining company Allied Gold Corporation, giving the company indirect exposure to major gold assets including the Kurmuk project in western Ethiopia.Aug 20, 20260 views
Ethiopia: Water Ministry Signs Birr 933.6 Million Contract for Angacha Water ProjectEnergy and MiningEthiopia: Water Ministry Signs Birr 933.6 Million Contract for Angacha Water ProjectThe Ministry of Water and Energy has signed a contract worth more than Birr 933.6 million with Bigeta Business PLC for the drilling and construction of water wells in Angacha Woreda, Kembata Zone, Central Ethiopia Regional State.Aug 14, 20260 views
Ethiopian Electric Utility Revenue Reaches Birr 118.91 Billion in 2025/26 Fiscal YearEnergy and MiningEthiopian Electric Utility Revenue Reaches Birr 118.91 Billion in 2025/26 Fiscal YearThe Ethiopian Electric Utility (EEU) generated Birr 118.91 billion in revenue during the 2025/26 fiscal year, surpassing its annual target of Birr 115.86 billion.Aug 10, 20260 views
Energy and Mining news | Merkato