Ethiopian government suspends the mining license of Midroc Gold Mines, a company which has been operating on the Lega Dembi project (4.5 tons of gold/year) in Oromia region for two years now. This was reported yesterday May 10 by Reuters which quoted a senior government official.
The decision follows weeks of protests by populations who accuse the company of water and air pollution. “The ministry suspended the license in response to the demands of the people,”Bacha Faji, spokesperson for the ministry of mines, petroleum and natural gas, told Fana television.
For the record, protests started after the government’s decision to renew the project’s mining license. Residents of Guji zone (where the mine is located) have protested accusing the company of polluting the environment as well as the Lega Dembi River. They also allege that the pollution is the cause of many diseases.
Moreover, Mr. Bacha indicated that an independent decision-making body has been set and had already begun an impact assessment study of the company’s operations. Government’s final decision will depend on the outcome of this study whose duration was not specified.
let’s note that Midroc Gold Mines is owned by the Saudi tycoon born in Ethiopia, Mohammed Hussein al-Amoudi.
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...
Nigeria confirms tax reform takes effect Jan. 1, 2026 despite opposition PDP alleges illegal inse...
Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle Move follows tra...
Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect b...
Egypt’s diaspora sent $37.5 billion in remittances during the first 11 months of 2025, up 42% year on year. Remittances became Egypt’s...
Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $25 million and $40 million. The acquisition...
African billionaires increased their combined net worth by $21.9 billion in 2025. Nigerian businessman Abdul Samad Rabiu posted the largest...
Electoral authorities declared President Faustin-Archange Touadéra the provisional winner with 76.15% of votes in the first round. Opposition parties...
The Sundance Institute selected three African films from more than 16,000 submissions across 164 countries. The 2026 festival will run from January 22...
Organizers opened submissions for the sixth Annaba Mediterranean Film Festival from Jan. 8 to Feb. 28, 2026. The festival accepts feature films, short...