Ethiopia offers excellent opportunities for mineral prospecting and development. Geological studies have identified a favorable geological environment hosting a wide variety of mineral resources. Gold, tantalum, potash, platinum, marble, gem stone, etc. are among the minerals identified for future development. The Ministry of Mines and Energy is responsible for the processing of license application, regulation of mineral operations and the promotion of investment opportunities in the mining sector.
Ethiopia has the potential to generate 45,000 MW and 5,000 MW of electricity from hydro power and geothermal resources respectively.The private sector can participate in electricity generation from any source and without any capacity limit. Off-grid transmission and distribution of electricity is also allowed for private investors. However, transmission and supply of electrical energy through the integrated National Grid System is exclusively reserved for the state electricity provider, the Ethiopian Electric Power Corporation