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The Ministry of Mines and Petroleum ( Amharic: የማዕድንና ነዳጅ ሚኒስቴር) is the Ethiopian government department responsible for management of mining and petroleum sector in Ethiopia. It was established in 2018 under Proclamation No 1097/2018 and Melese Alemu served as the first Minister of the position. In 2020, Takele Uma ...
Mining in Ethiopia. Microcline from the Kenticha mine, Oromia Region, Ethiopia. Mining is important to the economy of Ethiopia as a diversification from agriculture. Currently, mining comprises only 1% of GDP. Gold, gemstones (diamonds and sapphires), and industrial minerals are important commodities for the country's export-oriented growth ...
The Ethiopia Commodity Exchange ( ECX) is a commodities exchange established April 2008 in Ethiopia. In Proclamation 2007-550, which created the ECX, its stated objective was "to ensure the development of an efficient modern trading system" that would "protect the rights and benefits of sellers, buyers, intermediaries, and the general public."
Habtamu Tegegne. Habtamu Tegegne ( Amharic: ሀብታሙ ተገኜ) is an Ethiopian politician who is serving as the Minister of Mines and Petroleum since 20 January 2023. After serving as a member of the House of People's Representatives (HoPR), he succeeded Takele Uma Banti, who served the ministry from 18 August 2020. He is a member of ...
Debate over proposed regulations for deep-sea mining will stretch into next year as a U.N. agency that presides over the international seabed concluded its last meeting of the year on Wednesday.
Coltan is the colloquial name for the mineral columbite-tantalum ("col-tan"). In the early 21st century coltan mining is associated with human rights violations such as child labour, systematic exploitation of the population by governments or militant groups, exposure to toxic chemicals and other hazards as a result of lax environmental protection, and general safety laws and regulations.
The economy of Ethiopia is a mixed and transition economy with a large public sector. The government of Ethiopia is in the process of privatizing many of the state-owned businesses and moving toward a market economy. [25] The banking, telecommunication and transportation sectors of the economy are dominated by government-owned companies.
The government of Amhara Region is composed of the executive branch, led by the President; the legislative branch, which comprises the Regional Council; and the judicial branch, which is led by the Regional Supreme Court. The Amhara Region alongside almost all other regions are based on a singular ethnicity excluding Chartered Cities, Addis ...