Coffee Trade Up at ECX

The Ethiopia Commodity Exchange traded 25,577tn of coffee, 7,480tn of sesame seeds and 2,165tn of haricot beans for a total value of 2.2 billion Br in October. Coffee takes the greatest share of the trade volume at 72.6pc and 83.9pc of the total traded value. Compared to last month, coffee transaction volumes increased by 74pc. From the total production, 66pc of the coffee was exported. ECX also traded 9,394tn of coffee for domestic consumption, amounting to 402.7 million Br. The exchange traded 7,480tn of sesame traded for 318.8 million Br, showing increases of 244pc in transaction value and 263pc in volume from the previous month. Currently, ECX has 347 members and trades nine commodities including the latest entrants, soya beans and chickpeas.



A street lamp around Addis Abeba Stadium melds into the concrete backdrop emblematic of the capital's ageing infrastructure. Over the past few years, Ethiopia's electric grid has been subject to destruction and theft, subjecting the public treasury to hundreds of millions in losses. Nearly half of the country's population does not have access to electricity. A series of projects by the World Bank has contributed to the slight but essential upgrade to the nation's grid, including a 500 million do...



A trio of donkeys drag along the main road in front of Menlik School around the Arat Kilo area. While the four-legged domestic animal is a venerated member of the Ethiopian labour force, its skin and meat are increasingly valued in the international markets. Rhong Chang, a donkey slaughterhouse operating in Assela Town, Oromia Regional State reopened its services after a seven-year break two years ago. Public outroar has often accompanied the entrance of donkey abattoirs into Ethiopia since anot...



A bustling market emerges under a bridge in the boroughs of the Bole Michael area. Addis Abeba City Administration has launched a series of aesthetic initiatives embalmed in themes of beautification and urbanisation that have removed thousands of shops built with makeshift tents. Above a quarter of Addis Abeba's labour force is engaged in the informal economy, which while often associated with connotations of illegality, remains a sizeable employer in emerging economies across the world. Calibra...