ETHIOPIA: A NEW HORIZON OF HOPE

Welcome to the Ministry of Mines

The Ministry of Mines (MoM) is the first port of call for all investors interested in Ethiopia’s mining, Geothermal or petroleum sectors.

The MoM can direct you to the most up-to-date geodata available, guide you to the right legislation and regulations for your business, and help you apply for any licenses required.

The MoM also provides straightforward guidance on how to go about investing in Ethiopia’s abundant natural resources.

Ethiopia’s record growth

One of the best performing economies in Africa

Ethiopia has seen astonishing growth in the last ten years. Growing at an average rate of 9.7% between 2009 and 2019, Ethiopia has consistently been one of Africa’s top performing economies.

The country’s Growth and Transformation Plan II is targeting an annual average real GDP growth rate of 11%. Ethiopian industry is projected to grow at an annual average rate of 20%, with projected growth of 21.9% in the manufacturing sub-sector; 31.6% in electricity, gas and water; 15.4% in construction; and 32.8% in the mining sector.

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Stability and Predictability

An Investor-Friendly Government

Stability and predictability are key for your investment.

That is why Ethiopia delivers a regulatory regime that is transparent and predictable, and why it encourages both foreign and local mining companies to carry out exploration, development, and production according to their own plans and market conditions.

Our Investor Guide is designed to get you started on your path to investing in Ethiopia.

Investor Guide