ECX Introduces Coffee Sample Display

Aug 29 , 2020


[ssba-buttons]

The Ethiopian Commodity Exchange (ECX) has set up a sample display section, which will display export standard coffee, at its warehouse starting from August 29, 2020. It is hoped that the coffee sample display will boost the country's earnings from the export of coffee. The sample display section, set up upon the request of customers, is directed at satisfying the needs of customers and increasing the transparency between coffee sellers and buyers, according to a statement from the ECX. "It's also expected to increase trust among market players and reduce complaints," reads the statement. In the past year, the ECX had been showcasing coffee for the local market at its Saris Branch Office. The country, the fifth largest producer and exporter in the world, generated 854 million dollars from coffee exports in the last fiscal year, a 12pc increase over the year before. Coffee supports 5.6 million farmers and covers 650,000ha of land in the country.


Radar

US Renews National Emergency, Sanctions on Ethiopia

The United States has extended the national emergency and sanctions on Ethiopia for another year under the African Growth & Opportunity Act (AGOA). Signed by President Donald J. Trump, the measure was first declared on September 17, 2021, through an executive order citing the conflict in northern region of the country as an "unusual and extraordinary" threat to U.S. national security and foreign policy. The extension, effective until September 17, 2026, keeps in place restrictions targeti...


Radar

Rockefeller Pitches Clean Cooking to Curb School Meal Emissions

A recent study has revealed the staggering environmental toll of school feeding programs. A single school serving 400 students can burn through the equivalent of 56 hectares of forest each year to fuel cooking. The Rockefeller Foundation flagged the health risks too, with most cooks, predominantly women, breathing smoke levels ten times higher than the World Health Organisation's safe limit. "If every school meal transitioned to clean cooking with electricity and solar, the emissions saved wo...


Radar

Sun-Powered Grid Brings Light to Qunbi District

A new 600KW solar mini-grid in East Hararge'sQunbi district has connected 2,200 households to electricity, marking a milestone in the recent rural electrification push. Ethiopian Electric Utility (EEU) laid seven kilometres of medium-voltage and 10 kilometres of low-voltage lines, installing four transformers to reach communities long cut off from power. Customers cover only meter and installation costs before accessing the service. The project is part of the national strategy to expand energ...