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.
Oromia State, Ethiopia, revoked licenses given to 218 investors and association which are accused of undertaking illegal mining practices.
458 lease contracts were revoked by Oromia Investment Bureau for the investors failed to start their business for a very long period of time. The lands the investors received were all in Oromia State, one of the 9 states in Ethiopia.
The Oromia Micro and Small Enterprise Development Agency graduated 703 Micro and Small Enterprises (SMEs) to medium scale.
The Oromia Sovereign Fund has signed a development agreement with MIDROC Investment Group to collaborate on projects in agriculture, mining, and related sectors.
