MIDROC Ethiopia Group has announced a major expansion of its tea investment in collaboration with local farmers in Jimma and Ilubabor. The initiative aims to cultivate premium-grade tea, 20% of which is already reaching international markets.
MIDROC Gold PLC., an Ethiopian gold mining company, announced it will start producing gold at Sakaro, in Juji Zone of Oromia State, according to The Reporter.
MIDROC Investment Group has officially inaugurated a new filler production plant in Awash 7 town.
MIDROC Investment Group and the International Finance Corporation have signed an 80 million US dollar long-term loan agreement.
MIDROC Gold Plc disclosed it is going to build a second gold extraction plant at Benshangul Gumuz State with a total cost of U.S. $ 250 Million.
