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The mine is located in Oromia state, 600 km south of Addis Ababa. It is mined by Ethiopian Minerals, Petroleum and Bio Fuel Corporation, and the products mainly exported to China. [3] Kenticha was mined for tantalum from 1990-2017. [5] Peak production from the mine was 90-95 tons of tantalum concentrate per year, valued at $20 million dollars ...
Ethiopian regions and zones. Though the Oromia region was the area where coffee was first discovered, [1] [2] [3] the previous socialist Derg regime imposed collective ownership, and farmers were required to channel all sales through local traders and auction centers in Addis Ababa and Dire Dawa, [3] thereby stunting the growth of the coffee trade in the region.
Until 2013, the major agricultural export crop was coffee, providing about 26.4% of Ethiopia's foreign exchange earnings. In the beginning of 2014, oilseeds exports have been more important. [83] Coffee is critical to the Ethiopian economy. More than 15 million people (25% of the population) derive their livelihood from the coffee sector. [84]
Oromia is a major contributor to Ethiopia's main exports - gold, coffee, khat and cattle. Lega Dembi in Guji Zone, owned by MIDROC has exported more than 5000 kilograms of gold, [52] followed by Tulu Kapi gold deposit in West Welega Zone. [53] Awoday in East Hararghe Zone is the biggest market of khat exporting to Djibouti and Somalia. [54]
Merchandise exports are goods that are produced in one country and sold to another country. Only physical objects are counting under this kind of exports. For example, cars, clothing, machinery, and agricultural products are merchandise exports. Exports of services are excluded.
The Oromia Special Zone Surrounding Finfinne (Oromo: Godina Addaa naannawa Finfinnee) is a zone in Oromia Region of Ethiopia that surrounds Addis Ababa (also known as Finfine: literally "natural spring", in the Oromo language).
The main effect of stock splits is an increase in the liquidity of a stock: [3] there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume.
The Lega Dembi Mine is the largest gold mine in Ethiopia and is near Shakiso in Oromia Region. [1] [2] Lega Dembi has a yearly production of around 4,500 kg of gold and silver, and is owned by MIDROC. [3] Pollution from the mine has resulted in environmental conflict that has exacerbated other political and ethnic conflict in the region ...