DUBAI / GULF TIME Danube Properties has announced the launch of Serenz by Danube, a …
Read More »Ethiopia $4bn refinery spawns Asian interest
Bloomberg Ethiopia’s fast-growing economy has Asian investors lining up to build a new $4 billion oil refinery, even as a Blackstone Group LP-backed fuel pipeline project is shelved. The proposed 120,000 barrels-a-day plant has generated interest from Japanese, South Korean and Indian investors, said Zemedeneh Negatu, chairman of US-based Fairfax Africa Fund. The refinery in Awash, east of the capital …
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