Takele Uma, Minister for Mining and Petroleum (Picture : FBC)
borkenaDecember 15, 2020 
Ethiopia stripped of 63 mining licenses over the Ministry of Mining and Petroleum known as “poor performance.” In keeping with state media, EBC, 38 of the businesses that misplaced licenses had been engaged in extraction and manufacturing whereas the remaining had been mentioned to be engaged in analysis.
It’s the former appearing Mayor of Addis Ababa Metropolis — Takele Uma —, who was implicated in corruption involving unlawful switch of land and condominium items, that’s at present accountable for the Ministry of Mining and Petroleum. 
It’s unclear as to how his ministry measured the efficiency of the businesses whose license is now cancelled. 
One of many first actions that Prime Minister Abiy Ahmed’s authorities took within the sector in Might 2018, barely a month after taking up energy, was to droop the gold mining license of Saudi-born Ethiopian Billionaire on alleged grounds of “environmental protection.”  Nevertheless, it was obvious that the gold mine subject was politicized within the Oromo area of Ethiopia. 
In the meantime, Mr. Takele Uma is claiming that his ministry secured over $302 million from the sector prior to now 5 months. He’s cited as saying that 4,083 kilograms of gold was exported from which Ethiopia earned $299 million {dollars}.

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