Tag Archive for: Corruption

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Mysterious Wheat Deals Complicate Hunger Fight in Ethiopia

Source: Bloomberg | Samuel Gebre, Agnieszka de Sousa and Simon Marks Nation scrapped import tenders for grain after no progress Ethiopia is seeking outside assistance to help feed its people Back in November, Ethiopia unveiled two deals to…
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Ethiopia is set to end its $3.6 billion oil deal with a controversial US firm after probe

Source: Quartz Africa | By Zecharias Zelalm Senior officials at Ethiopia’s Ministry of Mines and Petroleum say the government is set to rescind an agreement with a US-based self-described energy firm after an investigation by Quartz Africa revealed…
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US businessmen are close to exploiting Ethiopia’s oil plans in a multibillion-dollar scheme

Source: Quartz Africa | By Zecharias Zelalm An Ethiopian-American investor and his partners are on the brink of pulling off an elaborate scheme that may unfairly take advantage of Ethiopia’s long-held ambitions to build its own oil &…