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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