Coffee, Tea Exports Plummet

Jan 19 , 2019


[ssba-buttons]

Ethiopia has earned 334 million dollars from the export of 103,108tn coffee in the first half of the current fiscal year. The revenue is 29pc short of the government’s plan for the fiscal year, according to the Ethiopian Coffee, Tea Development & Marketing Authority. Compared to last fiscal year, revenue generated from coffee export fell by 47.9 million dollars. Coffee is exported to Japan, Sudan, Australia, Saudi Arabia, the United States, Germany, France and Italy. The country has also bagged five million dollars from the export of spices and 1.6 million dollars from tea exports, nearly half of its annual plan. Compared to last year’s performance, the volume of commodities exported and the revenue generated from both coffee and tea have shown a considerable decline.


Radar

Ethiopia Unveils Consortium to Insure Millions of Farmers

Ethiopia has launched its Agricultural Insurance Consortium (AICE), pledging to protect three million farmers by 2026. Announced on July 3, 2025, at the Hyatt Regency, the initiative is backed by Pula Advisors and five major Ethiopian insurers. AICE plans to promote climate resilience through insurance bundled with the government's input voucher system. Leveraging AI platforms like Mavuno and PIE, it plans to standardise products, lower costs, and expand coverage to over 200 woredas. With agricu...


Radar

New Coopbank Partnership Targets Youth Economic Empowerment

The Cooperative Bank of Oromia (Coopbank) has signed a strategic agreement with Melka Ethiopia to provide loan services to over 120,000 young men and women nationwide. The partnership plans to promote youth economic empowerment by expanding access to finance and creating jobs, with a strong focus on rural and underserved areas. Both institutions held joint discussions to explore ways to improve youth livelihoods and financial inclusion. By closing access gaps, the partnership is expected to help...


Radar

Ethiopian Netpreneur Program Training Kicks Off

The Ethiopian Netpreneur 2025 Training Program has officially launched its first cohort in Addis Abeba with 64 entrepreneurs beginning their first round of training. Organised by the Global Digital Talent Academy, the initiative plans to empower local business owners, startup founders, and digital sector players with global-level e-commerce skills. At the launch event, Innovation and Technology Minister Belete Mola (PhD) urged participants to leverage the opportunity to build networks and shape...