Tuesday , October 27 2026

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Ethiopia Maps US$1.9 Billion Power Expansion as Grid Investment Accelerates – Updates

A rapidly expanding generation base is putting Ethiopia’s power network under pressure to keep pace, making transmission investment central to the country’s energy ambitions. Ethiopian Electric Power (EEP) has allocated 313.8 billion Birr (US$1.9 billion) for the 2026-27 fiscal year, with 70.3% directed towards capital expenditure as the country works …

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Akobo Minerals Posts Record Quarter as High-Grade Ethiopian Mine Hits Step-Change

Scandinavia-based gold producer Akobo Minerals has delivered its strongest operational performance since underground mining commenced at its flaghip Segele asset in southwestern Ethiopia, posting record gold output, surging core earnings, and accelerated debt reduction. For the second quarter ended June 30, gold production reached a record 37 kg (approximately 1,190 …

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Multotec opens new facility to celebrate 25 years

Multotec Zambia is marking its 25th anniversary in 2026 with the opening of a new facility which serve as the Central Africa Regional Head Office, reinforcing its long-standing commitment to the country and the region’s mining industry. Multotec’s expertise, technology, and service capabilities closer to customers, while positioning the business …

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