Ethiopia: 900 Tons of Gold Reserve Found in Benishangul Gumuz
Ethiopian Geological Survey disclosed it has conducted a survey which showed there is more than 900 tons of gold reserve in one of Ethiopia’s state, Benishangul Gumuz State.
Ethiopian Geological Survey disclosed it has conducted a survey which showed there is more than 900 tons of gold reserve in one of Ethiopia’s state, Benishangul Gumuz State.
Melaku Alebel, the Minster of Industry of Ethiopia, announced that the construction of three integrated agro-industrial parks (IAIPs) was completed during the last three years. According to the Minister, Bulbula IAIP, Yirgalem IAIP, and Bure IAIP are ready to accept investors and together registered 94 investors. Six of the registered investors have already started production, it is reported.
A one Billion Birr building for the two Ethiopian Federal Houses, House of Peoples’ Representatives (HPR) and House of Federation (HoF), has been planned to be constructed.
Agreements were signed between African Wildlife Capital, a mission-based investment company, and a British- Ethiopian venture for the purpose of building world class boutique hotel in Ethiopia’s Simien Mountains National Park.
Five Star Elevator Manufacturing PLC joined Ethiopian entertainment industry through its subsidiary Five Star Entertainment Company.
The Chinese company joined the industry in order to promote its products. Owner and General Director of the company, Ma Ning, said “I am looking for economical returns by promoting Ethiopian culture, tourism, and historical places via art and musical performances”.