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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

Ethiopia to trade using regional ports

Published on April 13, 2015
Ethiopia has launched a national logistics strategy to use multiple ports in neighboring countries in order to improve the country’s international trade. Supported by the United Nations Development Programme, the country will use the Mombasa port, the Port of Sudan and Berbera port in Somaliland, in addition to the Djibouti port. “We will consider using all the ports in the region,” said Workineh Gebeyehu, Ethiopia’s Minister of Transport, at the launch of the strategy. Read more. Source | The East African
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Ethiopia eases towards COMESA Free Trade Area

Published on April 08, 2015
The Ethiopian government is finalising instruments and expediting internal consultations for the accession of the Common Market for Eastern & Southern Africa (COMESA) Free Trade Area (FTA). Industry areas in which the country is going to join the free trade area have been identified by the Ministry of Finance and Economic Development (MoFED) at the end of 2014. MoFED’s study conducted at the end of 2014 recommended a phase by phase approach to accede into the COMESA FTA and accordingly, categorised three trade areas based on their responsiveness to the FTA competition after accession. These are extremely competitive, upon capacity building and uncompetitive. Read more. Source | Addis Fortune
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Ethiopia Selected "Portrait Country" for 2015 Specialty Coffee Association of America's Annual Event

Published on April 07, 2015
Ethiopia is selected as the “Official Portrait Country” for the 2015 Specialty Coffee Association of America (SCAA) to be held in Seattle, USA, next week. “Ethiopia is taking a giant step forwards as it takes the centre stage in the international specialty coffee market as the official ‘Portrait Country’ at the 2015 Specialty Coffee Association of  America's Annual Event in Seattle, Washington,” Vroom added. The upcoming SCAA would be held from April 9-12, 2015, it was indicated. Deputy Chief of Mission at the Embassy of the United States in Ethiopia, Peter Vroom said America’s taste for coffee has evolved with an ever increasing demand for specialized coffee and this is a huge mostly untapped potential for Ethiopia. “America’s coffee connoisseurs are beginning to recognize just how special Ethiopian coffee is and Ethiopian coffees are now featured at the most popular coffee chains,” he underscored. The United States offers our continued support and commitment to a thriving Ethiopian coffee industry, the Deputy Chief of Mission further stated. With 9,000 members in 40 countries, Specialty Coffee Association of America represents every segment of the specialty coffee industry, including producers, roasters, importers/exporters, retailers, manufacturers, baristas and other industry professionals. Read more. Source | Ethiopian News Agency
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International horticulture expo kicks off in Ethiopia

Published on March 27, 2015
The 6th international horticulture expo that attracted over 105 foreign and domestic companies kicked off today in Addis Ababa with the Presence of Prime Minister HaileMariam Desalegn. Companies from Kenya, China, Turkey, Germany, Sweden, the Netherlands, Belgium, and others from the Middle East and Asia are displaying products at the three-day expo. Buyers from Russia, Germany, Sweden, the Middle East and other countries are also attending the expo. Speaking on the opening, Prime Minister HaileMariam said Ethiopia has become a center of attraction for Foreign Direct Investment (FDI) in horticulture development. International companies are attracted to Ethiopia because of the favorable conditions in terms of agro-ecology, investment environment and proximity to Europe and Middle East, he said. Ethiopia is the second largest grower and exporter of high quality cut-flowers in Africa next to Kenya. Read more. Source | Ethiopian News Agency  
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Businessman Saleh Nasreddin upbeat about Ethiopia’s food industry

Published on March 26, 2015
With a population of over 90 million, more young people accessing education, an emerging middle class and a government pushing a manufacturing and export-hub agenda, Nasreddin says Ethiopia’s prospects as an investment destination has never been better. “Young people will have a fantastic future in this country,” says entrepreneur Saleh Nasreddin. The accomplished businessman exudes optimism as he talks of Ethiopia’s imminent economic take-off. Read more. Source | How we made it in Africa
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Export diversification, value addition vital to boost intra-COMESA trade

Published on March 25, 2015
While opening the 34th COMESA Intergovernmental Committee (IC) meeting held IN Ethiopia, Ethiopian State Minister for Industry Dr. Mebratu Meles said diversification and value added export items will play vital role to enhance intra-regional trade. He said “trade among COMESA member states has shown dramatic increase over the past few years. This can be considered as highly encouraging.” In 2014, intra-COMESA trade reached 20.9 billion USD. However, it is low compared to non-COMESA countries because of the similarity on items produced by the countries. Read more. Source | Ethiopia News Agency
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Ethiopia launches 4G mobile service in the capital Addis Ababa

Published on March 23, 2015
Ethiopia's state-run telecoms monopoly has launched a fourth generation (4G) mobile service in the capital Addis Ababa, aiming to catch up with the high-speed communications available in some east African neighbors such as Kenya and Uganda. Africa's telecoms industry is booming, with subscribers across the continent totaling almost 650 million in 2013, up from just 25 million in 2001, according to the World Bank. But analysts say high-speed connections are vital to maintaining growth and supporting the wider economy. Read more. Source | CNBC Africa
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Why AGOA should be extended for 15 years: An Ethiopian case study

Published on March 20, 2015
For the last 24 months, the African Union and African diplomatic corps in Washington have been advocating a 15-year extension of the African Growth and Opportunity Act (AGOA). The Obama administration has also called for a 15-year extension. In many respects, Ethiopia works well as a representative AGOA country. It is an agriculture-based economy and, with 94 million people, the second-most populous nation in Africa. The country has experienced impressive economic growth of 10.7 percent from 2003 to 2012 and actually has no oil and few minerals to export. It is one of the poorest countries in the world, ranking 173 out of 187 countries in the 2013 UNDP Human Development Index. Ethiopia is at the forefront of utilizing AGOA: It is among the first countries to develop an AGOA strategy, a draft of which was completed in October 2013. More recently, an AGOA Center was established in the Ministry of Trade with a mandate to help Ethiopian companies take advantage of the legislation. Ethiopia is creating opportunities around AGOA outside of the government as well: Three years ago, as a result of significant government investments, the Ethiopian Institute of Textile and Fashion Technology opened at Bahir Dar University. Last year's graduating class of 45 were all employed by Ethiopian apparel companies. While this number might seem small, it is actually impressive and suggests that the institute has the potential to become a center of excellence on the continent for apparel design and the backbone of a robust national apparel industry. Read more. Source | Brookings
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