Coffee Authority On Track to Meet $1b Export Target

January 7 , 2022

The Ethiopian Coffee & Tea Authority is on track to meet its target of exporting a little over one billion dollars worth of coffee this year. The cash crop brought in over 515 million dollars in export revenues over the first five months of the fiscal year. The export of tea and spices, also under the Authority's supervision, generated another 10 million dollars over the same period. Coffee generated over 50 million dollars in November alone, as 17,100tn was shipped abroad. The top three export destinations were Germany, Saudi Arabia and Belgium. Officials at the Authority had announced they target to export 280,000tn of coffee and revenues of a little over one billion dollars this year. The cash crop generated over 900 million dollars in export revenues last year, with the country shipping 248,000tn, mainly to the United States, Europe and the Middle East.


UNDP Nods $2m for National Dialogue

United Nation Development Program (UNDP) has signed an agreement with the Ministry of Finance and National Dialogue Commission, allocating 2.2 million dollars for the upcoming national discussion. Managed by an independent trust fund, and in addition to the annual budget allocated by the Ethiopian government, UNDP is looking to set up a financial buffer scheduling to raise 32.8 million dollars in support funds from development partners over the next three years. The Dialogue Commission was est...


Street Snack

The rainy season is going to be missed for at least one reason: boiled corn on the cob. As the customer captured here, it has been an enjoyable street food for the city's residents to keep them warm. More importantly, it was a livelihood for many street vendors. ...


Stair Shop

A shop and a shoeshine stall have been set up under the stairs of an overhead bridge. In the most crowded parts of Addis Abeba, there is always some type of vendor selling everyday goods, serving the lower-income population...