Coffee Export Earnings Near $600m

Jan 22 , 2022

Export revenues from Ethiopia's most valuable trade commodity registered at 578 million dollars over the first half of the fiscal year. The figure is 274 million dollars higher than revenues recorded over the same period last year. Close to 148,000tn of coffee was shipped abroad over the six-month period, surpassing the 123,000tn target set by officials at the Coffee & Tea Authority. The half-year has also marked significant development on the side of buyers. China has emerged as one of the biggest buyer of Ethiopian coffee, with its imports rising by nearly 200pc to close in on Germany and Saudi Arabia at the top of the table. The Authority targets coffee export revenues of a little over one billion dollars this year.



Women around the Koshe area hunt through piles of trash to find scraps of metal to sell. With close to three million people unemployed in the country and a headline inflation of 33pc, unskilled labour is in little demand. Ethiopia has an adult literacy rate of 51pc, with fewer numbers going past high school. Less than three percent of 12th-grade students made it to universities this year while the rest were at the mercy of remedial exams...



An old wooden car that was part of a commercial campaign by a furniture company around the Beherawi Theatre area. Ethiopia's forest coverage to national land size has been registered at 15pc to the latest data by the World Bank. The current Prime Minister Abiy Ahmed launched an initiative labelled 'Green Legacy' to plant five billion trees in 2020 claiming an 83pc success...



A young boy attempts to pull a piece of cloth from an overloaded pickup truck around the Ayer Tena area. Observing an unsupervised child on the streets of the capital has become a common sight, with sporadic conflict across the country creating nearly four million internally displaced people. Despite the last census having been conducted 16 years ago, the population of the country is estimated at 120 million...