Akobo Minerals enters into partnership with Oromia Bank
Akobo Minerals (Euronext Oslo – “AKOBO”), the Scandinavian-based Ethiopian gold exploration and mining company, today announced that it has signed a memorandum of understanding (MOU) with the Ethiopian commercial bank, Oromia Bank.Under the terms of the MOU, Akobo Minerals and Oromia Bank, as leaders in their respective fields, will cooperate to develop domestic services related to financing new exploration and mining projects, in accordance with international standards. Together, these services can support the advancement of Ethiopia’s domestic mining industry. Through their