FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds



MIDROC Drives Agricultural Shift in Oromia with Tea-Focused Investment Push


MIDROC Drives Agricultural Shift in Oromia with Tea-Focused Investment Push

MIDROC Investment Group is set to build seven tea-processing factories in Oromia Regional State, part of a major push to boost domestic tea production and expand exports. CEO Jamal Ahmed said the conglomerate has already mobilised 1,000 farmers cultivating high-grade tea across 4,000 hectares in Jimma and Ilubabor zones. Around 20pc of the harvest is currently being exported, marking early efforts to position Ethiopia as a competitive tea exporter. Yet much of the region’s potential remains untapped. Over 150,000 farmers are still growing low-return maize, according to Jamal. In partnership with the Oromia Regional Government, MIDROC plans to scale tea cultivation to 30,000 hectares, offering farmers a more profitable alternative. “The shift to tea could significantly improve household incomes,” Jamal said, noting that MIDROC is providing seedlings, training, and other technical support to smallholders. The planned factories each within 20Km of cultivation zones are expected to absorb the growing output and streamline value addition. The initiative could bring 40,000 more farmers into Ethiopia’s tea value chain.

[ssba-buttons]

Radar

Parliament Receives $237m Development Loan Package

The Council of Ministers forwarded two concessional loan agreements totalling 237.3 million dollars to Parliament for ratification, targeting rural infrastructure and food security. The package includes 46.3 million dollars from the African Development Bank (AfDB) for climate-resilient infrastructure in pastoralist regions. A second credit facility of 191 million dollars (146.1 million SDR) from the International Development Association (IDA) is earmarked for the sixth phase of the Productive Sa...


Radar

MoTRI to Overhaul Consumer Protection Rules Following Cabinet Approval of Trade Policy

The Council of Ministers, led by Prime Minister Abiy Ahmed (PhD), approved Ethiopia's first unified trade policy last week, ending a three-year deliberation period to fill a decades-long regulatory vacuum,. This institutional milestone mandates the Ministry of Trade & Regional Integration (MoTRI) to overhaul consumer protection frameworks, specifically requiring a rigorous revision of the Trade Competition and Consumer Protection Proclamation to eliminate market distortions and the prolifera...


Radar

Regional Power Exports Yield $366m as Capacity Hits 9.6GW

Ethiopian Electric Power (EEP) generated 365.99 million dollars from regional exports in the first nine months of the fiscal year as national capacity reached 9,579MW. The revenue followed the sale of 24,940GWh, representing 91pc of gross generation. Hydropower remains dominant, providing 9,500MW. To diversify assets and mitigate climate risks, the utility integrated the 100MW Asela Wind Power Project. The transmission network has expanded to 148,600km to secure domestic industrial supply and...