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Gov’t reluctant in significantly adjusting petroleum price
Despite the falling global crude oil price the Ethiopian government is making painstaking price adjustments on petroleum retail prices in the local market.
Maersk, Africa Oil complete farmout agreement in Ethiopia
Africa Oil and Maersk Oil and Gas have concluded a farmout deal in two oil exploration blocks in Southern Ethiopia.
Anomaly in the cement industry
With the ongoing construction boom in the country, various high-rise corporate headquarters and condominiums are step by step popping up in the city.
