Ethiopia Launches Gold Refinery to Boost Local Processing and Add Value to Africa’s Mineral Wealth

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Ethiopia is position itself as Africa's gold processing hub. The country has launched its first large scale domestic processing facility- the National Precious Metals Refinery that is built to process over 600 tonnes of gold and silver annually. A game changer for Africa, as the country attempts to break the traditional economic cycle of exporting raw African minerals. The plant is expected to offer internationally certified melting, assaying and minting services.

To discuss this further, we spoke to Mered Fikireyohannes, Market analyst and Economist based in Ethiopia

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