Ethiopia’s export performance which has been declining since 2012, has dropped by $170 million for the fiscal year concluded July 7, 2019 as compared to the previous year.
Tag: gold
Al Hilal begins assembling gold detector devices in Ethiopia
A company named, Al Hilal Gold Mining, is set to inaugurate Ethiopia’s first modern gold detector device assembly in the capital Addis Ababa.
Ethiopia finds 18 gold, gemstone, industrial mineral-rich areas
The government of Ethiopia says it has found 18 gold, gemstone and industrial mineral-rich areas across the country during the current fiscal year started July 8,2018.
Ethiopia, Russia set to strengthen business ties
The governments of Ethiopia and Russia are set to expand business ties on multiple frontiers, ranging from nuclear energy development to Russians investment in mining in Ethiopia.
Ethiopia misses 95% minerals’ export target
Partly impacted by the revocation of MIDROC Gold license of Etho-Saudi billionaire Al Amoudi, Ethiopia has missed 95% of its mining export target for the first six months of the current fiscal year…
Ethiopia export income drops 38%
Ethiopia earned export revenue of $1.21 billion in six months of the current Ethiopian fiscal year (July, 8, 2018 to January 7, 2019).
Nyota Minerals buys 80 percent share in Ethiopia
Following approval received at shareholder meeting last week, Nyota Minerals Ltd. (NYO.AU) announced yesterday, June 14, 2010 that it acquires 80 percent interest in land package totaling over 4,500 km2 of highly…