Ethiopia Mining Sector Development

World Bank

Ethiopia Mining Sector Development

2016

World Bank

Ethiopia has many advantages as a destination for mining investment. These include promising geology, a well-designedfiscal regime, stable government and a growing domestic market. Additionally, it has a well-managed and successfulartisanal and small scale mining sector. Under the second phase of Ethiopia’s Growth and Transformation Plan, Ethiopiahas the ambitious target for the mining sector to contribute 10% of GDP by 2025. Ethiopia must overcome significantchallenges to achieve this target. These challenges range across simplifying the licensing regime, developing itsinvestment promotion efforts and clarifying institutional responsibilities for social and environmental management toenhancing stakeholder engagement in the governance of the sector.

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Subsistence livelihoods; Marginal cost; Financial resources; Expenditures; Purchasing power; Environmental performance; Economic models; Environmental; Revenues; Environmental issues; Environmental values; Producers; Oil prices; Policy decisions; Benefit analysis; Government regulations; Evaluation criteria; Environmental regulations; Policy makers; Sustainable management; Waste; Deregulation; Profits; Values; Capital goods; Cost-benefit analyses; Revenue; Political economy; Social issues; Environments; Environmental consultants; Wage rates; Dividends; Benefit streams; Environmental resources; Environmental conservation; Mines; Quotas; Policy document; Potential investors; Sustainable growth; Environmental impacts; Construction industry; Expectations; Tax revenue; Strategy; Oil; Oil sector; Risks; Tax rates; Environmental problems; Exploitation; Audits; Economies of scale; Capital gains; Administrative procedures; Environmental policy; Monitoring equipment; Present value; Options

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http://hdl.handle.net/10986/24766

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