Search

Ethiopia’s $1 billion Kurmuk gold project to start production in 2026

Gold bars. Photo by Zlaťáky @ Unsplash
Gold bars. Photo by Zlaťáky @ Unsplash
  • Kurmuk Gold Factory begins production in 2026, targeting $1 billion in annual output
  • The project aims to boost exports, curb smuggling, and diversify country’s economy beyond agric

 

ADDIS ABABA, ETHIOPIA – Ethiopia’s largest gold facility, the Kurmuk Gold Factory in Benishangul-Gumuz, will begin production at half capacity in 2026, Prime Minister Abiy Ahmed said, with annual output projected at $1 billion.

  • Kurmuk Gold Factory begins production in 2026, targeting $1 billion in annual output
  • The project aims to boost exports, curb smuggling, and diversify country’s economy beyond agric

 

ADDIS ABABA, ETHIOPIA - Ethiopia’s largest gold facility, the Kurmuk Gold Factory in Benishangul-Gumuz, will begin production at half capacity in 2026, Prime Minister Abiy Ahmed said, with annual output projected at $1 billion . . .

Recent Business

Fishing market in Dakar, Senegal. Photo by Marie Vicat @ Pixabay
Senegal tax revenue surge raises concerns over pressure on formal economy
Read More »
Fishing market in Dakar, Senegal. Photo by Marie Vicat @ Pixabay
West Africa central bank cuts rates again as deflation opens rare policy window
Read More »
Houmt Souk, Tunisia. Photo by Ondrej Bocek @ Unsplash
Tunisia inflation hits 5% as food prices surge
Read More »

Recent Politics

Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
Read More »
A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
Read More »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Why are Nigerians protesting electoral reforms ahead of 2027 polls?
Read More »

Latest Posts

Latest news insights