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

Construction Sector Faces 'Serious Trouble,' Minister Warns

The construction industry in Ethiopia is in "serious trouble," said Chaltu Sani, Minister of Urban & Infrastructure Development, citing major challenges with finance, competitiveness and material costs. Speaking at the opening of the BIG 5 Construct Ethiopia expo and the inaugural East African Infrastructure & Water Expo at Millennium Hall last week, Chaltu stressed the need for concerted efforts from government, private sector, and international partners to support the 67 billion dol...


Radar

Wegagen Bank, Gift Real Estate Partner to Promote Diaspora Homeownership

Wegagen Bank S.C. and Gift Real Estate Plc. signed a Memorandum of Understanding (MoU) on June 23, to offer housing loans for homebuyers, with a special focus on the Ethiopian diaspora. The agreement enables eligible diaspora members to access loans covering up to 80pc of a home's value at reasonable interest rates. The bank's Deputy CEO Kidane Gebreselassie noted the deal will promote the real estate sector and expand homeownership options. Founder and CEO of Gift Real Estate, Gebreyesus Igata...


Radar

Jimma University Signs Sports Science Agreement to Strengthen National Programmes

Jimma University has signed a four-party Memorandum of Understanding (MoU) with the Ethiopian Academy of Sciences, Derartu Tulu Sports Training & Research Institute, and the Oromia Youth & Sport Bureau to advance Ethiopia's sports science and training capacity. Signed on June 26, the agreement includes joint research, shared facilities, and hosting of national and international competitions. It is expected to strengthen youth development, public health, and national pride through coor...