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Animated-Flag-Ethiopia.gifThe Hub's accomplishments in Ethiopia to Date:  

  • To date the Hub has supported 102 firms and associations to increase their export competitiveness
  • 32 firms and associations have been supported to participate in various trade shows resulting in 204 business linkages
  • Hub facilitated AGOA exports as at June 30 2017 stood at $39,498,864
  • Exports to other market destinations as a result of Hub support are $92,000
  • 765 new full time equivalent (FTE) jobs have been created, 76% of which are for women
  • Facilitated $14,781,00 new private sector investments
  • Facilitated staple food exports worth $130 million
  • Supported 3 firms to attain international export certification standards

Related Blogs and Resources

Manufacturing for huge give back economy

Published on April 25, 2018
It is believed that priority to agriculture in the short and medium term will create a big domestic market for industry and supply food and raw material to industry. This is anticipated to strengthen the inter-sectoral linkages between agriculture and industry and will lead the economy to the development of industry. The problem, however, is that the urban sector of the economy is somehow ignored and the focus on agriculture has not even emancipated peasants from the havoc of periodic famine. Read more. Source | Ethiopian Herald
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Argo-processing in saving, generating hard currency

Published on April 17, 2018
Ethiopia is a country blessed with bountiful natural resources like arable land and water, if effectively harnessed, which will help come up with bumper harvest.  Also if well processed, the agricultural yields could go a long way in curtailing the outflow of the much-sought-after hard currency. The resources could as well help in fetching the same. Read more. Source | Ethiopia Herald
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Improving small farm holders livelihoods

Published on April 17, 2018
As agriculture is the foundation of nation’s economy accounting for 43 percent of the gross domestic products, 80 percent of exports and 83 percent of the total employment, working on accessing farmers with various technology and professional seed supply is crucial, according experts in the field.  Dire Dawa Agriculture bureau extension expert Mohammad Abdullahi said that areas with short rainfall season ought to be provided with necessary agricultural technologies. Read more. Source | Ethiopian Herald
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Enthusing local Investors embrace manufacturing

Published on April 11, 2018
The nation is encouraging local investors and rendering them vibrant to leap to the manufacturing, disclosed Ministry of Industry, MoI. As per its Grouth and Transformation Plan two (GTP II), MoI is supporting investors to contribute their level best to the thriving of the sector.  Hunegnaw Abebaw, Local Investors Transformation Director within the ministry told to The Ethiopian Herald that, it is talking local investors, who are importers and exporters and working on constructions and other sectors to come aboard the manufacturing sector. Read more. Source |Ethiopian Herald
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Textile sector on the rise

Published on April 11, 2018
Textile and Garment sector is expanding rapidly, with the number of industries more than doubling and playing huge role in boosting the country’s light industry, and in transforming the economy, according to Ministry of Industry.  Talking to The Ethiopian Herald, Zerihun Abebe, Director of Textile and Apparel Research, Monitoring and Support with Ministry of Industry, stated that the country's textile and garment sector is in an upward trajectory with the number of industries has now reached more than 200 in few years time. The trend shows that the sector is in the right journey to become the leading sector in Africa and make the country's vision of becoming continental textile hub in the coming years a reality, he added. Read more. Source | Ethiopian Herald
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East Africa defies odds, tops economic growth in Africa

Published on March 20, 2018
East Africa recorded the continent’s best economic performance in 2017, with a GDP growth of 5.9 per cent — above the continental average of 3.6 per cent. This growth was achieved in a year that saw the region’s economic fortunes dip, as several companies keen to lower costs and post profits turned to staff cuts. Read more. Source | East African
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Agricultural mechanization, Ethiopia’s existing reality

Published on March 07, 2018
Agricultural Mechanization Day had been marked for the first time in Ethiopia,recently. Although there are limitations in the country’s Agricultural Mechanization, one and all have the same opinion on the subject of its significance.  As per Hailu Alemayehu, Executive at the Ethiopian Agricultural Works Corporation, Agricultural mechanization services sector head, mechanization plays paramount roles for the country whose economy depends on agriculture. What is more, transformation from agriculture-driven to industry-driven one l is possible through mechanization. Read more. Source | Ethiopian Herald
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Foreign companies seeing opportunities in Ethiopia's economic dev't

Published on February 28, 2018
Foreign companies said they are attracted to invest in Ethiopia by the rapid progress in the construction sector, population and stability.The companies that hail from 11 countries are in attendance at the 22nd Addis Chamber International Trade Fair (ACITF) launched Thursday at Addis Ababa Exhibition Center. Orange Electric equipment manufacturer of Sri Lanka (OREL) has been in the business for the last 50 years and has the largest market share in Sri lanka as well as good representations in the six continents. Read more. Source | Ethiopian Herald
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