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.



Addis Abeba strives to be a city of distinction with a glamorous look. But lately, most parts of the city are overwhelmed by informal street vendors. Underneath the bridge around La Gare, commonly known as Lagahar, a street vendor sells pieces of watermelon from a mobile pushcart. Watermelon is a flowering plant species with more than 1,000 varieties worldwide. It lowers high blood pressure and cholesterol levels when taken regularly. Ethiopia exported 483tns of watermelon to Djibouti in 2018, w...



Since its establishment during the reign of Emperor Haile Selassie, Meskel Square, on the interseciotn of Africa, Ras Mekonen and Jomo Kenyatta avenues, has been one of the landmarks of Addis Abeba. Having been the site for public gatherings, rallies and festivities like (Meskel celebration), the Square laid out a somewhat classy atmosphere to the city and has become a recreational centre with a mesmerizing look. Following the Beautifying Sheger Initiative, the refurbishment of the Square was in...



Addis Abeba's Stadium neighbourhood has been home to driving and cycling trainees for decades. Homeless children favour the location for its open spaces and high traffic. They ride rented bikes around on a school day. Pangs of hunger are numbed out by riding in circles on top of colourful bikes for the children. They were escaping vicious cycles of poverty on top of bicycles, if only for minutes...