Subscribe to our newsletter HUB INFOGRAPHICS, FACT SHEETS & SUCCESS STORIES THE AFRICA GROWTH AND OPPORTUNITY ACT (AGOA) Trade & Investment News Read Our Blog HUB EVENT VIDEOS Newsletters

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

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).
read more

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.
read more

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.
read more

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
read more

Ethiopia's economy to grow 10.5% in 2015/16: Worldbank

Published on May 26, 2015
Ethiopia's economy is expected to grow by 9.5 per cent this fiscal year ending June before accelerating to 10.5 per cent in 2015/16, the World Bank said on Friday, adding inflation will remain in single digits during this period. The ruling Ethiopian People's Revolutionary Democratic Front (EPRDF) has touted its economic achievements before Sunday's election, although no one doubts it will sweep to power again, as critics say it stifles any real opposition. Read more. Source | CNBC Africa
read more

Ethiopia, Rwanda seek closer trade ties in leather industry

Published on May 14, 2015
Ten Ethiopian companies from the leather industry are in Rwanda to foster trade ties with their Rwandan counterparts. The visit comes days after the two countries signed partnership agreement to promote trade and economic relations. The investors are currently exploring different investment opportunities and markets for leather products in Rwanda, Gerald Mukubu, the acting chief executive officer  Private Sector Federation (PSF), said. “They will also meet with market players in Rwanda’s leather industry for business to business meeting and discuss mechanisms on how to share information, experience and how they can partner to promote trade between the two countries,” Mukubu said. Read more. Source | The New Times
read more

Ethiopia predicts record $1.5bn in foreign direct investment in 2015

Published on April 28, 2015
Foreign direct investment into Ethiopia will reach a record $1.5bn this year, on the back of successful efforts by the fast-growing and populous African country to attract overseas manufacturing companies. Only seven years ago, the country with a population of 94m drew only $108.5m in inward investments from overseas. But it has been growing at double-digit rates, thanks to increased relocation of factories, attracted by low wages, cheap power and supportive government policies. “This year will be a record for foreign direct investment,” said Fitsum Arega, head of the country’s investment agency, up 25 per cent from last year’s $1.2bn. The inflow of foreign investment marks a stark turnround from the 1980s, when the country was hit with a severe famine that made the eastern African country infamous for lack of development. Read more. Source | Geeska Africa Online
read more

USAID and Irish Aid collaborate to award Ethiopian dairy innovation fund recipients

Published on April 23, 2015
The Ethiopia Sustainable Agribusiness Incubator (ESAI), a project of the United States Agency for International Development (USAID), held a graduation ceremony today for 14 entrepreneurs who successfully introduced an innovative idea to the sesame, dairy and honey sectors, established a company and have started generating revenue. Read more. Source | Feed the Future  
read more