Ethiopia continues attracting new investments in mining, and by 2030 the Ethiopian Government has planned to increase its current foreign exchange earnings from the export of minerals from USD265 million to USD17 billion. With this in mind, the government has, among other measures, issued mining licenses for six large-scale mining companies, namely Akobo Mining, Kurmuk Gold Mining, Into Mining, Oromia Mining, Ali Hamil Khadim, Crypto Mining and Chemicals, and Bhumi Mining. The government is further planning to engage other licenses to interested investors who intend to join the mining industry.

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