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Mojo Dry Port Poised to Boost Export Farmers with 50 Million Dollars Investment


Mojo Dry Port Poised to Boost Export Farmers with 50 Million Dollars Investment

Mojo Dry Port plans a 50 million dollars project expected to offer potential benefits for farmers producing avocados, flowers, and vegetables. Ethiopian State Minister of Finance Semereta Sewasew and Dutch Ambassador Christine Pirenne visited the site to assess progress on an initiative expected to reshape the export of local agricultural goods. For many small-scale farmers, delays in transport mean lost income as fresh produce spoils before it reaches buyers. The new port is expected to change that with its modern cold storage facilities and streamlined logistics. By reducing post-harvest losses and export costs, especially compared to expensive air freight, farmers outlook to gain better prices and more unwavering incomes. Half-funded by Ethiopia and supported by the Netherlands, Christine emphasised its potential to attract more investors and empower the agro-processing sector. Despite challenges remaining in customs and policy coordination; the joint tour indicates determination from both sides.

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Liquidity Relief, Reform Pressure Meet as World Bank Prepares Major Budget Support

The World Bank is set to approve a 1.45 billion dollar budget support package for the Ethiopian government on June 25, 2026. The announcement came alongside a high-level consultation at the Ethiopian Skylight Hotel, where leaders from the Ethiopian Chambers of Commerce and Sectoral Associations (ECCSA) met with private sector representatives and the National Council. The package follows an earlier 17 billion dollar credit and summer service support allocation. Bisrate Teshome, senior private...


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Cabinet Approves 502b Birr Budget as City Returns to Federal Subsidy

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Global Analytics Meets Local Insight as WAAS Partners With Kantar in Ethiopia Expansion

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