The vision of Ethiopian Ministry of Mines and Petroleum (MoMP) is to:
- Increase investment in the sector
- Build the organizational and technical capacity of our institutions
- Enable value addition and facilitate the industrialization of Ethiopia’s economy
- Create opportunities for quality direct and indirect jobs in the sector
- Improve internal revenue and increase foreign exchange earnings
To realise these objectives, and in line with Ethiopia’s Homegrown Reform Agenda, we are preparing a 10 year strategic roadmap for the MoMP, which will be implemented in two 5-year strategic plans. This process is under way in 2020. Read more about the MoMP’s strategic plan and broader reforms here.
Facilitating the positive co-existence of mining operations and agricultural production is a top priority for the Government of Ethiopia. We are working diligently to make this a reality, by building global partnerships to competently address the UN Sustainable Development Goals (SDGs), and ensuring that proper engagement and consultation with rural communities takes place. Extractives have the potential to make an important cross-sectoral contribution to Ethiopia’s economy, especially through responsible sourcing mechanisms which make use of emerging, clean, and appropriate technologies.
The work of the Ministry of Mines and Petroleum’s is firmly guided by a number of international, continental and national ambitions – scroll down to read more about these.
About Ministry of Mines (MOM)
The Ministry of Mines and Petroleum was reestablished by the Proclamation 1097/2018 as a regulatory organ of the Mines and Petroleum Sector of the country including the granting of exploration and Mining licenses.
As one of the priorities sectors for the homegrown economic reform agenda of the country, the ministry is encouraging private sector investment, streamlining bureaucratic and regulatory procedures, updating policies, and building institutional capacity by introducing a digital mining cadaster system.
The Ministry is working to make the country to be a priority destination for international mining and petroleum investors through promoting its strategic minerals such as gold, gemstones mainly Opal, emerald and sapphire, tantalum, lithium, potash, iron ore, and industrial, energy and construction minerals and petroleum. The Ministry through its corporation is promoting a joint venture in the Public-Private-Partnership (PPP) modality to establish a centralized laboratory and drilling service provision.
The ministry has two autonomous institutions under it. The Geological Survey of Ethiopia (GSE) that focuses on strengthening the generation and dissemination of geoscience data, drilling and laboratory analysis and The Ethiopian Mineral, Petroleum and Biofuel Corporations (EMPBC) which public enterprise is engaged in the commercial activity of mining, petroleum and bio-fuel sectors.