Capital Brews Up Continental Coffee Conference

Sep 18 , 2023

About 2,000 coffee farmers, roasters, international buyers and experts will convene in the capital to discuss policies and access to finance in February at the backdrop of the 20th African Fine Coffees Conference & Exhibition. The Ethiopian Coffee & Tea Authority announced the theme of the conference last week at the Sheraton Addis Hotel, Taitu Street while the first African Coffee Week will be held simultaneously. Shafi Omar, deputy director general of the Authority, said that the four-day event will create a great opportunity to promote Ethiopian coffee in Africa and the world market. The conference and exhibition will be jointly organised by the Authority, the Inter-African Coffee Organization (IACO) and the African Fine Coffees Association (AFCA), a membership-based association representing coffee sectors in 11 member countries. While coffee remains Ethiopia's primary export, its price susceptibility to international markets has necessitated the development of alternative means of marketing and cultivation in recent years.


Premier Pushes Domestic Drug Production

A six-day domestic pharmaceutical production and innovation expo was inaugurated by Prime Minister Abiy Ahmed (PhD) last week. More than 110 local pharmaceutical manufacturers participated at the Millennium Hall on Airport Road. Recently appointed Minister of Health Meqdes Daba (MD), said local production of pharmaceuticals has become a cornerstone of health policy, which received approval from the Council of Ministers a month ago. However, a report from the Global Fund For Health last year r...


AFDB Lauds $8m for Solar Mini-Grid

Around half a million people foresee benefits from the pilot mini-grid built across nine sites in Amhara, Oromia, Sidama, and the Southern regional states. African Development Bank Group has approved eight million dollars in finance to support the project under the Distributed Renewable Energy & Agriculture Modalities (DREAM) program. The DREAM project, with a total budget of 20 million dollars through concessional loans, grants, and risk mitigation, will cover half of the mini-grid capital...


Parliament Approves $275m Loan for Urban Project

A  275 million dollar loan agreement was approved by Parliament last week, to support the second phase of the Urban Water Supply & Sanitation Project. Set to be implemented over the next three years, the project follows negotiations between Ethiopia and the International Development Association (IDA). The Chief Whip Tesfaye Beljige (PhD), presented details of the loan agreement to lawmakers and said that the project focuses on enhancing the supply of clean drinking water and improving sa...