The Ethiopian Mineral Development Corporation announced generating over 11.3 billion birr in total carbon revenue during the first quarter of the 2018 fiscal year. This result exceeded the set target by 8.5 percent and showed a 58 percent growth compared to the same period last year.
The Ethiopian Mineral Development Corporation announced that it achieved total carbon revenue exceeding 11.3 billion birr in the first quarter of the 2018 fiscal year. This performance surpassed the organization's target by 8.5 percent and demonstrated a 58 percent growth when compared to the same period in the previous year.
In addition, the corporation recorded 316 million birr in investment revenue, reflecting 102.5 percent growth. This outcome highlights the organization's commitment to providing reliable mining solutions and fostering sustainable development within the industry, thereby strengthening its strategic focus. The Mineral Development Corporation plays a key role in advancing Ethiopia's mining sector and attracting investments.