Tag Archives: Dangote Cement

Ethiopia Security Forces Fire Live Rounds Killing 10 Protesters in Ambo Town

Federal Agazi forces open fire on Oromo protesters in Ambo town leaving at least 10 dead and another 20 more wounded.

Agazi security forces killed 10 and wounded 20 others in Ethiopia’s restive town of Ambo in central Oromia. The killing signals a dangerous escalation as regional authorities call for meaningful implementation of the country’s federalist constitution.

BY ADDIS STANDARD

At least ten people were killed today and 20 more wounded in a fresh round of protest that started on Tuesday October 24 in Ambo city, 125 km west of Addis Abeba and one of the epicenters of the 2014 – 16 Oromo protests. Continue reading Ethiopia Security Forces Fire Live Rounds Killing 10 Protesters in Ambo Town

Dangote Cement to Quit Ethiopia Over Mining Dispute

After investing over $700 million in the country, Dangote now discouraged from spending more.

Unemployment bites. Africa’s richest man, Aliko Dangote, threatened to shut down its Ethiopia operation unless Oromia authorities reverse the decree that orders Dangote mines to be run by local youth.

BY EMELE ONU | BLOOMBERG

Dangote Cement Plc, controlled by Africa’s richest man, Aliko Dangote, said it may shut its operations in Ethiopia if authorities in the central state of Oromia don’t reverse an order to cement makers to hand over control of some parts of their businesses to local young people. Continue reading Dangote Cement to Quit Ethiopia Over Mining Dispute