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Russian Retail Giant Reports Breakout Growth for Ethiopian Products


Russian Retail Giant Reports Breakout Growth for Ethiopian Products

Russia’s largest online retailer has reported a sharp rise in demand for Ethiopian goods, with coffee and opal jewellery gaining strong traction among consumers in Russia and neighbouring markets. Founded in 2004, Wildberries has grown into a major digital commerce platform operating across Eurasia, including Armenia, Belarus, Georgia, Kazakhstan, Kyrgyzstan, and Russia. As of 2025, it serves more than 79 million customers through over 135 logistics centres and 90,000 pickup points. In its latest report, the company highlighted a notable increase in demand for African products. Sales of Ethiopian coffee rose 2.3 times in 2025 and continue to grow at a similar pace this year. Demand for opal jewellery, including amulets, bracelets, keychains, and brooches, surged dramatically, with sales increasing eightyfold over the same period. The retailer also reported rising interest in products from other African countries, including Egypt and South Africa, pointing to a broader shift in consumer preferences toward African-origin goods.

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Customs Authorities Intercept Major Alleged Contraband Shipment Worth 422 Million Br

The Customs Commission seized alleged contraband goods worth more than 422 million Br during inspections conducted between June 25 and June 30, 2026. The haul included clothing, electronics, ammunition, construction materials, coffee, vehicle spare parts, cosmetics, khat, narcotics, minerals, livestock and foreign currency. The Addis Abeba Airport, Moyale and Awash customs branches recorded the largest seizures, valued at 115 million Br, 93 million Br and 61 million Br, respectively. Authorit...


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Gadaa Bank Offers One Million Shares to Public Investors

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