Following a period of severe economic volatility, Ethiopia is pivoting toward its vast mineral wealth to stabilise its national currency. The Tulu Kapi Gold Project, located 360 kilometers west of Addis Ababa, has secured $340 million in financing. The gold project is set to begin commercial production by 2027, with an expected annual output of 164,000 ounces. This development comes at a crucial time. Since the government floated the Birr in July 2024 to secure IMF support, the currency has lost nearly two-thirds of its value, ranking as one of the world’s worst performers in 2025. Watch this video to know more.
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Please keep America from your Gold they will steal it
This was the region my father started his mining 17 years ago before he was forced out!!! 😒
If they focus the gold in the tech sector
🇪🇹
Too bad it will be owned by another country, in the name of privatization 😢
Ethiopia is in heavy debt to China, then IMF. Sadly, I do not believe the gold will benefit the Ethiopian people or its currency. We will see. Pray for the people of Ethiopia. 🙏🇪🇹
The Gold you talking about is the BIG LIE by the lying master so called prime minister, and you can investigate before last year the lying master prime minister reported as he is exporting $3,000,000,000 worth of Gold but in reality, he is a comprador for UAE that stolen from Sudan and passing via National Bank of Ethiopia. So don’t believe what the lying master prime minister. True to Truth before you broadcast anything or ask the people outside of the government who knew and follow up the day to day horror done by this genocider lying master
Trump is coming for us 😂
These days everything is about Ethiopia. And I don't like it. I just don't.
Ethiopia is the Next super power❤
make ethiopia great again(MEGA)
Get your fact right. Ethiopia has already collected 💰 3 billion in cold export last year. This new investment is not a big deal so to say.
"May Ethiopia always shine under God’s grace."
I'm proud of my country Ethiopia
Ethiopia is Now Colonized …. Shame to Africa 😭😭😭😭😭
UAE is the owner of Ethiopian gold now a days
Ethiopian forex exchange policy is very restrictive. Ethiopia needs to open up its forex market and let forces of supply and demand work.
Because of the forex policy, any visitor just wants to use as little foreign exchange as possible. Because of that type.of policy, shopping in Ethiopia is not easy. I may be wrong! But that is my experience. Ethiopia is a nice country and other countries can learn from it because it is very intentional with its development agenda.
I'm an Ethiopian and I say it is all going to be taken by UAE.
IMF destroyed Ethiopia.
aefrica king 🇪🇹🇪🇹🇪🇹
First Post repeating the Ethiopian govt propaganda! Ethiopia's future is only manufacturing
He is going to use it to buy drones to kill his own people. His another African dictator needs to go.
Super excited 🙏🙏🙏🙏🙏
Most of Ethiopian diaspora using dollar black market $1 us dollar black market rates $203 Ethiopian birr
Good for my great country Ethiopia 💪🇪🇹💪🇪🇹
$340M will be $1 Billion soon
Mercury poisoning will be the next issue. Not good. I mean good for the economy there but I hope they pay attention to the health of thier workers.
The dictator and criminal leaders of Ethiopia put the Country in a mess.
African rise! ❤🫡🙏🏽
He said IMF loan from IMF is like loaning from ur mother 😂😂😂 is dumb so called leader
you know that minning opperations can take up to 20 years befor the first bit of ore is mined 😀
dont go all in on minnin stocks kids
Opening economy management foreign policy is worse the economy, privatization also loot the country, won't help it is wrong move from Ethiopia.
All country wealth for endless wars . This is Ethiopian history since 1950s
❤❤❤❤ yes yse yes my country 🎉
First post, please think about your credibility, Ethiopia is no more in the ground almost all over the country people are fight and killing each other, they are working hard on media to cover their internal issues, I strongly advice you not to cover any single stuff about Ethiopia. You will regret
Thats dumb, just mint gold coin..and hold it…then covert some to crypto..and build a big data center..
Make a crypto currency or chose one and have the people use it…much better than physical money…
Back that up by the gold in a select reserve..
IMF IS KILL FOR AFRICANS😢😢
Abiy Ahmed Ali is a genocider and femous dictator in Africa. He is very weak in leadership and lack of knowledge in administration.
#AbiyAhmedAli
#Genocider
#Mass atrocities in Ethiopia.
Mercenary Journalism. Pure and simple. How much are u paid?
In Ethiopia mercury used in gold mining is exposed to mercury poisoning
Many miner children are born with physical and brain damage, poor muscle control, weak limbs, delayed walking, vision and hearing problems, and lifelong learning disabilities. Even small amounts can cause permanent harm. The sad thing all rivers are polluted and not all fish are safe to eat
Viva Ethiopa 🇪🇹.
pm.dr Abichu is the gift of Ethiopia God bless my country 🙏🙏🙏❤❤❤❤❤
Don’t hand it over to Anglo-Saxons. They’re cruelest
Dr. Abbiy Ahmed is gift of God for Ethiopian
Cheating wealth given to my people