Ethiopian government to encourage foreign investment in mining

Ethiopia government has promised a "bright future" for foreign investors in the country’s mining sector.

Ethiopian Minister of Mines Tolesa Shagi on Friday called on development partners to join the country’s efforts in boosting the mining sector development for mutual benefit.

Speaking at a two-day international mining conference in Addis Ababa, the minister explained Ethiopia’s mineral and petroleum potentials as well as development achievements in the mining sector.

"The future is bright for investment in mineral, oil and gas industry, upstream, midstream or downstream in Ethiopia," said Shagi.

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