Capital Brews Up Continental Coffee Conference

Sep 18 , 2023


[ssba-buttons]

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.


Radar

Capital Market Authority Extends Public Company Registration Deadline, Warns Against Unlicensed Investment Bank

Ethiopian Capital Market Authority (ECMA) has granted a final one-month extension for publicly held companies to register, setting the new deadline for April 9, 2025. The extension applies specifically to companies with over 50 shareholders, who are required to submit comprehensive documentation across all industries. Mandatory details include the total number of shareholders, the total number of shares issued, fully paid shares, subscribed shares, and the value of shares on the reporting dat...


Radar

State Corps Post Growth Eyeing Innovation, Market Expansion

The Ethiopian Insurance Corporation (EIC) generated 9.34 billion Br in written gross premiums, marking a considerable 51.7pc increase compared to the same period last year. The Corporation's profit reached 1.2 billion Br, exceeding its planned target by 15pc and increasing by 62.7pc from last year's corresponding period. Executives of Ethiopian Investment Holdings (EIH), Ethiopia's sovereign fund that owns state enterprises, commended EIC for its achievements and provided strategic guidance t...


Radar

Ethiopian Airlines, AfDB Forge Partnership for Bishoftu International Airport Project

The Ethiopian Airlines Group has signed a letter of intent with the African Development Bank (AfDB) to launch a partnership for the ambitious Bishoftu International Airport Project. Mesfin Tasew, CEO of Ethiopian Airlines, and Nnenna Nwabufo, vice president of Regional Development, Integration & Strategy at AfDB signed the agreement. The two officials expressed their intent to consolidate the existing partnership through strategic and innovative engagements to benefit Ethiopia and the wid...