News & Events

Ethiopia Aims to Collect $9 Bn from Exports, Rank in Top 50 in Ease of Doing Business in Next Decade

Ethiopian Ministry of Trade and Industry (MoTI) said it plans to collect $9 billion in the next ten years. The Ministry aims to achieve this mainly by increasing the export potential of Ethiopia's manufacturing industry. The Ministry also announced that it aims to make Ethiopia in the top 50 countries in ease of doing business.

Shimelis Arega, Senior Communication Expert at MoTI, told the Ethiopian Herald that the ten-year strategic plan includes increasing quality inspection of export and import products from the current 650,000 to 1,058,781 MT (metric tones) and 1,950,000 to 3,485,630 MT respectively by 2022. This will create five million new jobs, he noted.

ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET 2020-2026; INDUSTRY TRENDS & GROWTH OPPORTUNITIES

The Ethiopia and Djibouti Heavy Equipment Market 2020-2026 Report provides an in-depth analysis on the studied market that helps to look at the future requirement as well as prediction. The Ethiopia and Djibouti Heavy Equipment Market report evaluates the market by key market players, opportunities, value, trends, growth, market share, market competition landscape, recent developments and sales

Coffee farmers in Kenya, Zimbabwe and Ethiopia suffer pandemic setback

Over 70 percent of coffee farmers in Kenya, Zimbabwe, and Ethiopia have been financially affected by the Covid-19 pandemic, a study has revealed. The report by Technoserve and Laterite surveyed coffee farmers in the three countries on the impact of the pandemic on their sources of income, their access to food and the ability to tend to their crops.

 In Kenya, 452 households were surveyed of which 57 percent were women and 43 were men. At least, 76 percent of the households had lost income due to the Covid-19 outbreak, with 31 percent lost salaried jobs, and 28 percent had lost income from the sale of excess food crops. With 18 percent of the farmers reported losing income from other non-farm business.

AS COVID-19 SLOWS MANUFACTURING DEMAND A US$6.5 M FUND LAUNCHED TO HELP PROTECT TEXTILE INDUSTRY JOBS IN ETHIOPIA

The fund is an international collaboration between the UK, Germany and Ethiopia that will protect some of Ethiopia’s most vulnerable workers Addis Ababa, October 29/2020: A landmark fund set up between the UK and Germany in collaboration with the Government of Ethiopia could save thousands of jobs in Ethiopia’s textile and garments industry, while helping to support the country’s economic recovery from COVID-19. With $6.5 million invested at launch, the partnership aims to help safeguard a critical industry and protect the livelihoods of those working within it.

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