Ethiopia’s steel giant Abyssinia eyes $20 million IFC loan for East African expansion, green initiatives
(Photo: Abyssinia Group of Industries) Addis Abeba – The Board of Directors of the International Finance Corporation (IFC) is set to vote ...
Tag: Steel
Africa: Australia Won’t Have ‘Green Steel’ to Itself. Africa Is Poised to Become a Global Hub
Australia is at the forefront of efforts to turn steelmaking green. Earlier this year Australian iron ore producers Rio Tinto ...
Customs Chief Accuses Critics of Bias, Vows to Address Steel Imports
Steel manufacturers’ struggles and the impact of duty-free imports on domestic production have caught the attention of parliamentarians. During ...
Zenith Steel Company to Invest over 150 Million USD in Ethiopia’s Industrial Park –
Addis Ababa, April 24, 2024(Addis Walta) Zenith Steel Company, which is known for producing high-quality steel and electrical equipment in ...
West Africa: Nigeria Imports $4bn Worth of Steel Annually – Minister
The Minister of Steel Development, Shuaibu Audu, says Nigeria currently imports steel worth four billion dollars annually. Audu said this ...
Nigeria: Minister Speaks On Disconnection of Ajaokuta Steel Company
"As we speak, Ajaokuta has been disconnected by TCN and N30 billion is at stake," Mr Audu said. Nigeria's Minister ...
