November 20, 2024
Addis Insight
PM Dr. Abiy Inaugurates Ethno Mining Gold Factory
Prime Minister Abiy Ahmed (Dr.) today inaugurated the Ethno Mining Gold Factory, constructed in the Gambella Regional State.
In a post on his social media page, the Prime Minister highlighted that Ethno Mining serves as the parent company of Akobo Minerals.
He further noted that the company is collaborating with the Ethiopian government through the Scandinavian-based Ethiopian Investment Holdings on gold exploration and mining projects.
The Prime Minister congratulated all stakeholders involved in this significant investment initiative in Akobo Woreda, Gambella Regional State.
He reflected on the past three decades, during which Dima town in Akobo struggled with inefficient small-scale traditional gold mining practices.
Dr. Abiy emphasized that this new investment will not only enable efficient and high-quality gold production in a short time but also address challenges associated with illegal mining activities.
Additionally, he explained that this initiative showcases the commitment to harness the region’s potential resources for the benefit of its people and to promote sustainable development in the Gambella Regional State.
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