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[Nov 2017] Extractive Industries Transparency Initiative (EEITI) Latest Ethiopian News AddisBiz.com | Ethiopian Business Directory & Portal - Addis Biz

Stella Trade and Industry Joins Ethiopia’s Gold Extractors

Stella Trade and Industry PLC has joined the league of four gold extractors operating in Ethiopia, after securing a large-scale gold mining license. This is a first for the company, as well as the host region of Gambella.

While more than 80 companies are in the process of exploration, only four have obtained extraction licenses, according to this year’s publication by Ethiopia Extractive Industries Transparency Initiative (EEITI).

Established a decade ago with a 50.2 million Br capital from its Ethiopian and Kenyan

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