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China’s Zijin Gold Acquires Stake in Allied Gold, …

Aug 20, 2026 | 2M Editor | Energy and Mining

China’s Zijin Gold Acquires Stake in Allied Gold, Gaining Exposure to Ethiopia’s Kurmuk Project

China’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...

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Ethiopian, Chinese Exporters Sign Trade Deals Wort…

Aug 20, 2026 | 2M Editor | Import and Export

Ethiopian, Chinese Exporters Sign Trade Deals Worth Over USD 340 Million

Ethiopian and Chinese businesses have signed 33 trade agreements worth more than USD 340 million as part of efforts to expand bilateral trade and increase Ethiopia's exports to the Chinese...

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Ethiopia Moves to Collect Federal Fuel Taxes at Fu…

Aug 17, 2026 | 2M Editor | Transport and Logistics

Ethiopia Moves to Collect Federal Fuel Taxes at Full Statutory Rates

The Ethiopian government has directed the collection of all federal fuel taxes at full statutory rates, with the measure expected to generate revenue equivalent to about 0.8 percent of gross...

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Ethiopia: Water Ministry Signs Birr 933.6 Million …

Aug 14, 2026 | 2M Editor | Energy and Mining

Ethiopia: Water Ministry Signs Birr 933.6 Million Contract for Angacha Water Project

The 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...

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Ethiopia Targets USD 13.4 Billion in Export Revenu…

Aug 14, 2026 | 2M Editor | Import and Export

Ethiopia Targets USD 13.4 Billion in Export Revenue for 2026/27

Ethiopia has set a target of generating USD 13.4 billion in export revenue during the 2026/27 fiscal year, as the government seeks to increase foreign exchange earnings and expand the...

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