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Ethiopia

The 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

Key global development summit to open in Ethiopia

Published on July 13, 2015
The objective of the five days of talks, the third summit of its kind after talks in Monterrey in 2002 and Doha in 2008, is ambitious: laying out the ground rules for a fairer world of inclusive, low-carbon growth. Concretely, that means deciding how to fill a colossal annual investment gap in key sustainable development sectors for developing nations —estimated at up to $2.5 trillion annually according to the UN's trade and development body UNCTAD. Read more. Source | Daily Nation
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SITA to strengthen CTA sector in Ethiopia

Published on July 10, 2015
SITA’s “First Stakeholders’ Consultation on Ethiopian Textile and Clothing Value Chain Roadmap” was organised in Ethiopia in association with Ethiopian Textile Industry Development Institute (TIDI). The two-day workshop took place in Addis-Ababa during May. At the workshop, ITC experts along with international sector-specialists and investors undertook an initial assessment of the sector, and also shared insights on global trade and FDI trends relating to the Ethiopian export portfolio. The discussions focused on increasing the value of business transactions between India and Ethiopia for creating better production capacities and enhancing incomes. Read more. Source | International Trade Centre
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Ethiopia looks to ports in Kenya , Somaliland and Sudan to increase imports and exports

Published on June 18, 2015
As part of a new national strategy, Ethiopia will begin using ports in Kenya, Somaliland and Sudan in order to increase trade volume. This strategy will decrease Ethiopia’s current policy of relying solely on the Port of Djibouti. In a move supported by the United Nations Development Programme (UNDP), Ethiopia will begin using Mombasa Port in Kenya, Berbera Port in Somaliland, and Port Sudan in Sudan. In addition, Ethiopia will continue to utilize Djibouti port. The use by Ethiopia o f Mombasa Port will serve as an outlet for goods mainly from the southern part of Ethiopia. Using the port and the Mombasa Corridor will also connect Ethiopia to the markets of the East African Community (EAC). Road work is underway in Ethiopia and will connect to Kenya’s fully paved roads leading to Mombasa Port. The approval process is also underway in Kenya to widen the road from four to six lanes from Mariakani to Mombasa. At least some of the Ethiopian goods destined for export markets will make use of the expanding port facilities in Mombasa. Read more. Source | Somalilandpress
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World Bank says Ethiopia's economy to grow 10.5% in the next fiscal year

Published on June 12, 2015
The World Bank said Ethiopia's economy was expected to grow by 9.5% this fiscal year ending in June before accelerating to 10.5% for 2015/16, adding that it expected inflation to remain in single digits during this period, MoFA reported. "If lower oil prices are passed on to consumer in the form of lower fuel prices", Lars Christian Moller, the World Bank's lead economist and program leader for Ethiopia said. "It gives additional disposable income to consumers." Mr. Moller, in an interview with Reuters, said the service and agriculture sectors were likely to drive growth, along with the booming construction sector. Read more. Source: AllAfrica.com.
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Regional Focus on Ethiopia – USAID East Africa Trade Hub Activities

Published on June 01, 2015
Regional Focus on Ethiopia – USAID East Africa Trade Hub Activities. Regional integration is key to fostering development of regional markets and increasing the competitiveness of African products globally. Ethiopia benefits both through direct programs and through our regional initiatives across the East African Community (EAC).
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Ethiopian Coffee Industry Value Chain Analysis

Published on June 01, 2015
Ethiopian Coffee Industry Value Chain Analysis. Ethiopia is home to some of the finest coffees in the world. Ethiopia is currently the top African coffee exporter and ranked sixth in the global market. Ethiopia exported 170,888 tons of coffee and earned $525.2 million during June/July 2007/08 period compared with 176,390 tons worth $424.2 million in 2006/07.
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Staple Foods Value Chain Analysis- Country Report -Ethiopia

Published on June 01, 2015
Staple Foods Value Chain Analysis- Country Report -Ethiopia. COMPETE is undertook a market assessment and baseline studies in selected countries of Eastern and Central Africa, including Ethiopia. This report is the outcome on the market assessment and baseline value chain study of selected staple foods conducted in Ethiopia in October-November 2009.
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Ethiopia targets $1bn in textile exports by 2020

Published on May 28, 2015
Ethiopia is putting its textile sector at the centre of a five-year development strategy that seeks to position the country as a low-cost manufacturing hub. Under the second phase of the Growth and Transformation Plan (GTP II), the government aims to boost earnings from textile exports from an estimated $427 million in the first GTP I (2010-15) to $1bn by 2020. Given its low electricity and labour costs, Ethiopia is attracting the interest of global textile manufacturers, which are looking to relocate operations from Asia where worker wages are rising. The GTRP offers a range of fiscal incentives, including a five-year duty waiver on imports of heavy machinery and spare parts, and reimbursement of VAT on local goods. Despite being landlocked, Ethiopia’s proximity to Europe via the Suez Canal is another advantage of its budding textile industry, which has attracted Turkey’s Ayka —the sector’s largest player accounting for 57 percent of 2014 export earnings worth $111.45mn—and fashion brands H&M and Primark. Kanoria Africa Textile, a subsidiary of the eponymous Indian conglomerate, has also moved into the market, and is planning to start yarn and denim fabric production at its $35mn factory in June. Read more. Source | Africa Briefing
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