Coffee Export Generates $104m in April

May 16 , 2020

The export of coffee generated 104 million dollars in April, surpassing the value of the previous month, according to a report from the Ethiopian Coffee & Tea Development Authority. The revenue has increased despite the global outbreak of Novel Coronavirus (COVID-19), which has resulted in lockdowns in many countries, according to Shafi Umer, deputy director-general of the Authority, which exceeded its goal of having coffee generate 96 million dollars. The value is seven million dollars greater than the previous month's haul. "The recently introduced coffee policy has resulted in the increase," Shafi said. The reform, which allows coffee farmers, growers and cooperative unions to export their product directly to the international market without intermediaries, has contributed to the increase in revenue, according to him.


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...