Grounds for Growth: Coffee Authority Targets New Export Highs

Aug 3 , 2025


[ssba-buttons]

Ethiopia is aiming to break its own record in the global coffee trade, with the Ethiopian Coffee & Tea Authority targeting over 3 billion dollars in export revenues from coffee, tea, and spices for the 2025/26 fiscal year. The announcement came during a performance review and planning meeting held in Adama on July 31, 2025, drawing federal and regional officials, sector experts, and stakeholders. The Authority’s Director General, Adugna Debela (PhD), revealed plans to raise coffee export volumes to 600,000 tons up from last year's 470,000 tons, which generated an unprecedented 2.65 billion dollars. He credited the record-breaking performance to coordinated action among federal agencies, regional governments, exporters, and farmers. "This momentum positions us to reach and possibly exceed our 3-billion-dollar target," said Adugna, citing the expansion of Ethiopian coffee’s international reach from 60 to 84 countries as proof that strategic investments in logistics and marketing are paying off. Deputy Director and Trade Head Shafi Oumer underscored the importance of quality control and branding, particularly in high-value European markets. He stressed that scientifically verified, traceable coffee could secure stronger returns and boost competitiveness. Deputy Director for Development, Tagay Nuru, pointed to the growing yield of rejuvenated coffee trees, while Strategic Affairs Head Bonsaa Merga noted that last year's combined export revenue from coffee, tea, and spices surpassed previous benchmarks by over one billion dollars. Authority officials are doubling down on federal-regional coordination to meet the ambitious targets. Adugna called for enhanced compliance, traceability, and quality standards to further elevate Ethiopia’s standing in the international market.


Radar

EthSwitch Sees Record Profit, Expands Digital Payment Reach

EthSwitch, the national switch operator, reported a record 1.4 billion Br gross profit for the fiscal year ending June 2025, a 34pc increase from last year's 1.06 billion Br. The performance was driven by a sharp rise in interoperable transactions, reflecting the country's growing embrace of digital payments. Person-to-person (P2P) transfers led revenue generation with 902.6 million Br, nearly half of total income, followed by ATM transactions contributing 825.1 million Br. Overall revenue cl...


Radar

Lion Bank Delivers Robust Results, Rewarding Shareholders

Lion International Bank S.C. posted a profit before tax of 1.8 billion Br for the last fiscal year, marking a 94pc surge from the previous year. The announcement was made during the bank's General Assembly held last week at the Sheraton Addis Hotel. After provisions and taxes, the bank registered a net profit exceeding 900 million Br, with shareholders earning 27pc per share. Deposits climbed by 23pc to 44 billion Br, up from 35.6 billion Br, while total loans and advances reached 36.2 billio...


Radar

Berhan Bank Lifts Earnings as Reforms Ease Forex Strain

Berhan Bank reported a 28.1pc growth in its latest fiscal year, buoyed by economic reforms and relaxed forex directives. The Bank's total deposits climbed to 44.5 billion Br by June 30, 2025, up 7.6 billion Br from the previous year. Net profit distributed to shareholders rose by 36pc, while total income reached 10.3 billion Br, marking a 61.4pc increase. Interest income accounted for nearly 59pc of total earnings, driven largely by the repeal of the National Bank's 70pc forex surrender rule...