Prime Minister Abiy Ahmed revealed that Ethiopia’s gold mining industry stands out as a significant driver of growth, presenting immense potential for both local and international investment.
“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,” the premier wrote on X.
The Shakiso and broader Guji regions, rich in gold deposits, are prime locations for mining activities, he pointed out.
According to the Prime Minister, a notable recent development is the inauguration of YMG Gold Mining, which brings promising opportunities for the local community in Shakiso.
Employing advanced mining technology that operates entirely on gravity, YMG’s processes are both innovative and environmentally friendly, as they avoid the use of harmful chemicals, Abiy said.
The PM added: “During my visit to Guji, I also had the opportunity to observe the activities of Midroc Gold, one of Ethiopia’s leading gold mining companies.
As a pioneer in the sector, Midroc Gold has significantly contributed to Ethiopia’s mining landscape through its large-scale operations, he elaborated.
Source: ENA
