Month: April 2022
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Business: KEFI Gold raises £8mln to boost security arrangements at Tulu Kapi ahead of start of construction
Addis Abeba – KEFI Gold and Copper announced that it was able to raise 8 million GBP ‘through firm and conditional placings at 0.8p’. KEFI remarked that the raised sum would go towards consolidating security ahead of the start of its planned construction. It also added that the project launch and financial close would be processed at the end of…
Click Here to read more. - Africa
Education: First Innovation and Tech Talent Institute in Burayu to start accepting students as of next year
members of the House of Peoples’ Representatives (HoPR) Human Resource Development and Technology and Public Expenditure Management and Control Standing Committees visited the construction site of the Institute. Picture: Ministry of Innovation and Technology Addis Abeba – Ethiopia’s first ever Innovation and Technology Talent Development Institute, which is located in Burayu, in Oromia Regional State Special Zone Surrounding Finfinne, and…
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#NewsAlert: Russian Embassy in Addis Abeba tells Ethiopians it doesn’t accept applications for military recruitment
Ethiopian men seen in a long queue at the entrance of the Embassy in Addis Abeba. Picture: Social media Addis Abeba – The Russian Embassy in Addis Abeba posted a statement on its Facebook page telling Ethiopians that “while reiterating our gratitude to all concerned citizens of Ethiopia, we would like to inform that the Embassy does not accept any…
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News Analysis: Conflict resurfaces in Oromo Special zone, North Showa zones of Amhara region
By Dereje Gonfa @DerejeGonfa Addis Abeba – Renewed violence in the Oromo and North Showa zones in the Amhara region claimed the lives of about a dozen people and displaced many reports said. Residents of Jille Dumuga woreda of the region’s Oromo Special zone told Addis Standard that conflict flared up on the afternoon of Sunday, April 18th. Kebede(name changed…
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Business: Akobo Minerals receives more assay result in Segele mine
Akobo Mineral’s Segele Gold deposit. Picture: Akobo Addis Abeba – Akobo Minerals today announced that it has released a new set of infill drilling assays from its Segele mine development project, the mining company said in a dispatch sent to Addis Standard. “The results are intended to allow for an upgrade of the resource classifications in the ongoing resource estimate.”…
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Innovation: High school student creates platform that boosts construction industry
Addis Abeba – Betselot Bekele, a 12th-grade student created a platform that could accelerate connectivity within the construction industry. She created a bot on Telegram, called “Meet-Up,” with the aim of connecting (on-site) contractors and interested customers. Betselot remarked that she created the bot to address the two-sided needs within the industry. She added that contractors, especially unemployed young graduates,…
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