The National Bank of Ethiopia (NBE) will exit the gold market towards end of December 2026, giving venue for private banks involvement in the gold business. This is confirmed by the IMF in its Fourth ...

Ethiopia is moving closer to fulfilling its potential as a major gold mining jurisdiction, KEFI Gold and Copper executive chairman Harry Anagnostaras-Adams tells The Africa Report. Gold miners in ...

Ethiopia’s birr may be poised for a rebound in the coming months, buoyed by record-breaking gold exports that have overtaken coffee shipments for the first time. ・Ethiopia's birr may rebound after ...

Egyptian firm poised to earn USD 375mln from sale, Ethiopian gov't likely to get nothing Zijin Gold International is set to acquire Allied Gold Corp, the firm behind the Kurmuk Gold project in the ...

London-listed Kefi Gold and Copper (formerly KEFI Minerals) will own 80% of the exploration and holding company for the government of Ethiopia, KME, which, in turn, will own 56% of Tulu Kapi Gold ...

Allied Gold Corporation has secured a $175 million streaming agreement with Wheaton Precious Metals International to fund its Kurmuk project in Ethiopia, marking a significant step in its growth ...

ADDIS ABABA (Reuters) -- Ethiopia earned $540.5 million from nearly 48 tonnes of gold exports in the last 10 years, the National Bank of Ethiopia said on Monday. Some 47.9 tonnes, worth $520.5 million ...