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US company targets Ethiopia's fledgling oil industry with scheme — Quartz


December 22, 2020
An Ethiopian-American investor and his partners are on the brink of pulling off an elaborate scheme that may unfairly take advantage of Ethiopia’s long-held ambitions to build its own oil & gas industry and become energy independent.
Nebiyu Getachew, 48, chief executive of GreenComm Technologies, a Virginia-based energy firm, signed a $3.6 billion deal with Ethiopia’s ministry of Mines and Petroleum on April 28 to construct an oil refinery in Ethiopia’s oil-rich Somali region.
But checks reveal little evidence GreenComm Technologies and its key executives have the expertise or experience to take on this major project. The company has no known industry credentials and has been delisted from the Virginia corporate database on two occasions, likely for failure to pay company registration fees on time. ....

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