Ethiopia's mining sector attracts increased global and private investment

Ethiopia's mining industry is gaining significant momentum, with both domestic and international investors showing heightened interest, according to the Ministry of Mines. This is reported by ENA, a partner of TV BRICS.

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.

The minister reiterated the government’s commitment to fostering sustainable growth in the sector, calling for collaborative engagement among stakeholders to maximise its potential. Ethiopia's companies involved in mineral exploration are reportedly making significant strides, further solidifying the sector’s status as a lucrative investment opportunity.

With its untapped resources and improved infrastructure, Ethiopia's mining sector is attracting robust interest from both private enterprises and foreign investors, the source claims.

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