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Why Ethiopia
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WHY ETHIOPIA
Diverse and Untapped wealth of mineral resources
With considerable mineral reserves, and a rapidly developing governance structure in place, we are rapidly becoming one of the most attractive investment destinations for the global mining industry.
Our virtually untapped, diverse and vast mineral resources offer huge potential opportunities for exploration and development. These include tantalum, potash, gemstones, gold, iron ore and various industrial, energy and construction minerals, and many more.
According to the Extractive Industries Transparency Initiative (EITI), Ethiopia boasts around 200 tons of gold, and with a further 360 million tons of coal and 69 million tons of iron, there is every reason to be optimistic about the country’s mineral future.
The number of investors in the mining sector has significantly increased in the past of couple of years and there are now 24 mining companies operating in Ethiopia.
The mining sector exports represent 14% of total exports ad generate 54.000 jobs (Ministry of Mines).
DISCOVER
Latest News and Events
- Senselet was set up by Veris in 2015 to contribute to developing the potato value chain in Ethiopia. Senselet was…
November 28, 2022
- In 2009 the founders visited Ethiopia for the first time. There they saw the need for jobs and import substitution…
November 28, 2022
November 28, 2022