Ethiopia’s Prime Minister emphasises the prospects of gold mining for the country’s economy

10.12.24
16:45


Economics

Ethiopia’s Prime Minister emphasises the prospects of gold mining for the country’s economy

He believes the sector has potential for international investment

Prime Minister Abiy Ahmed said Ethiopia’s gold mining industry is an important growth driver. This is reported by ENA, a partner of TV BRICS.

On his social media page, the Prime Minister said, “Ethiopia is one of the fastest-growing economies in Africa and a beacon of opportunity on the continent. Among its many thriving sectors, the gold mining industry stands out as a significant driver of growth, presenting immense potential for both local and international investment”.

He also pointed to the gold-rich regions of Shakiso and wider Guji as key areas for mining activities.

According to the Prime Minister, a recent significant development was the opening of a new gold mining company, which is creating prospects for local people in Shakiso. 

Earlier, Habtamu Tegegn, Ethiopia’s Minister of Mines, noted that the mining sector is being strategically aligned to bolster its contribution to the national economy, with private-sector involvement and international partnerships at the forefront of its advancement.

Photo:
iStock

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