Illegal gold trade impacts Ethiopian reserves

Assosa region holds one of the greatest untapped resources of gold in the world

All that glitters – Surveying central banks on gold reserves

Gold supplies to the National Bank of Ethiopia have decreased due to illegal gold trafficking in the northwest of the country, hampering efforts to stabilise the country’s post-civil war economy. 

Ashadli Hasan, head of one of the highest gold-producing areas – the Benishangul-Gumuz regional state – visited the Menge district, and said gold production reaching the central bank has fallen. The government will take legal action against traffickers and those buying gold above the central bank

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