in Short

Ethiopia : $1.7 billion in China-backed energy and mining deals

On May 14, 2025, Ethiopia signed over $1.7 billion in investment deals with Chinese firms in its energy and mining sectors during the « Invest in Ethiopia » forum. Key agreements include $500M from Hua Ye Mining, $600M from Sequa Mining, and $360M from Hainan Drinda. The deals support ongoing economic reforms.

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