The Sidama Regional State has deposited more than 176 kilograms of gold to the National Bank of Ethiopia during the first nine months of the current fiscal year, according to the Regional Mining and Energy Agency. The agency also reported that the mining sector has created employment opportunities for over 4,000 youth in the same period.
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The Ministry of Mines has announced that Ethiopia has generated over USD 2.1 billion in foreign exchange from gold mining over the past nine months.
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Ethio Telecom announced the launch of its second and fastest electric vehicle (EV) charging station in Addis Ababa.
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The Oromia Regional State Mineral Development Authority has announced that it generated over USD 604.77 million from mineral exports in the past months of the current fiscal year.
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The Ethiopian government has allocated Birr 45 billion to implement ten new initiatives aimed at strengthening the mining sector and increasing foreign currency earnings, the Ministry of Mines announced.
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