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 . . .

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


Recent Business

Cocoa pod and beans outdoors. Photo by Ákos Helgert @ Pexels
How Nigeria's cocoa strategy could end decades of oil dependence
Read More »
A vibrant display of traditional dance in Botswana. Photo by Xitsundzuxo Himina @ Pexels
Why Botswana’s inflation surge signals wider risks for commodity economies
Read More »
Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
Read More »

Recent Politics

The war in Sudan has displaced thousands of people. Photo @ Pexels
Can diplomacy stop Sudan’s war? The conflict is going regional
Read More »
Bassirou Diomaye Faye, President of Senegal. Photo @ Office of President, Senegal/Facebook
Can Senegal shield regional markets while restructuring debt?
Read More »
Construction site of Ethiopia’s Koysha Hydropower Project. Photo: Ethiopia Electric Power
Ethiopia’s next mega-dam tests its hydropower export ambitions
Read More »

Latest Posts

Latest news insights