The Government of Ethiopia has secured over $3.5 billion revenue from minerals export was over the past 8 months, says the Ministry of Mines of the country. This is mentioned today at a review of the past eight months performance of the mining sector by the Ministry of Mines and its affiliate institutions. During this period, more than $3.5 billion in foreign currency was earned from gold, gemstones, and industrial minerals. In the 2024/25 fiscal year, Ethiopia exported 22.5 tons of gold in just eight months, nearly quadrupling its 6-ton target. Ethiopia’s gold exports, which totaled 4.9 billion birr in the fiscal year ending June 30, 2024, escalated to 275.1 billion birr in the subsequent year.

Source: Ethiopian News March 27, 2026 23:45 UTC