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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

Textile Factories, Designers to Converge at Fashion Week

Published on October 05, 2016
The Africa Sourcing & Fashion Week (ASFW) is finalising preparations to organise an exhibition for cotton and textile industry players from October 4-7, 2017, at the Millennium Hall, in Addis Abeba. Over 250 leading companies and exporters from Africa, Europe, the US, Asia and the Middle East will present their products and innovations. The exhibiting companies represent 25 countries, including Ethiopia, South Africa, Japan, China and Turkey. Fassil Tadesse, ASFW’s CEO said, Textile and garment factories serve as a bridge for the country’s industrial development. The textile industry is a massive source of employment. Read more. Source | Addis Fortune
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Save the Date : Africa Sourcing and Fashion Week (ASFW 2016)

Published on September 30, 2016
Join us for Africa Sourcing and Fashion Week (ASFW 2016) , a high-end exhibition and conference for Africa's cotton, textile, apparel, home décor and technology industry from October 4 - 7, in Addis Ababa, Ethiopia. ASFW will open its doors to the entire cotton, textile, apparel, technology and home décor industry, including whole sale, retail, and boutique stores and the hospitality industry. Over 180 international manufacturers and exporters will present their products and innovations to trade professionals and representatives from the global sourcing industry. Exhibiting companies represent 25 different countries -- Ethiopia, Kenya, Tanzania, Uganda, Nigeria, South Africa, Zimbabwe, Japan, China, India, Singapore, Sri Lanka, Thailand, Taiwan, Bangladesh, United Arab Emirate, Israel, Turkey, UK, Germany, Italy, Switzerland, Netherlands, Sweden and the United States. In addition to the exhibition, international experts from the government and private sector will give presentations on the African Growth and Opportunity Act (AGOA), investment, sustainability, partnership, logistics, fashion and sourcing in the African region.  ASFW is in partnership with Ethiopia Textile Development Institute (ETIDI) and Ethiopia Textile and Garment Manufacturers Association (ETGAMA), and has technical and financial support from the Hub.  
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At a Glance: Source East Africa Trade Fair

Published on September 30, 2016
The Hub, World Fair Trade Organization Africa, TradeMark East Africa and CBI joined forces to host a new professional trade fair, Source East Africa, on September 23-25 in Arusha, Tanzania. The trade fair connected 33 exhibitors in the crafts sector with buyers from the U.S, Australia, UK, Sweden and the East African region. Buyers discussed their market needs with the producers, ordered samples, and forged relationships for future business.  Below is a video of the trade fair at a glance :
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Ethiopia wins big as cement, flower, shoe firms set up shop

Published on September 21, 2016
Ethiopia is using a range of incentives to woo investors to the country. Already, US private equity groups KKR and Blackstone have announced their interest in the country’s infrastructure and floriculture sectors. Dangote Cement has set up shop in the country too and one of India’s largest paint-makers, Asian Paints, has entered the market through the acquisition of a local manufacturer last year. Unilever is building a factory there too, while Chinese shoemaker Huajian Group set up shop in the country four years ago. Read more. Source | East African 
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Ethiopia is now the largest coffee market in Africa

Published on September 16, 2016
According to a report by Euromonitor, Ethiopia is now one of the largest coffee markets in Africa with a rough estimate of 127,000 tonnes sold in 2015, which is a quarter of the total volume of coffee sold in the Middle East and Africa. The figure is comparable to those of much wealthier countries like South Korea and Russia. “Africa is the next frontier” for coffee, says Robério Oliveira Silva, Executive Director of the International Coffee Organization. Historically, the beans have been a cash crop in Africa but the consumption across the continent has remained low. In countries such as Kenya and Uganda where it is grown, the consumption has remained low due to the preference for tea which, they say, has traditionally been much cheaper. Even though Ethiopia is the poorest of the world’s major coffee-consuming nations, with GDP per capital of just US$599 in 2015, Ethiopians still drink around 200 cups a year. No other country in that income group drinks as much as that. Read more. Source | Ventures
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Ethiopia—an agrarian economy in transition

Published on August 31, 2016
Ethiopia has experienced rapid economic growth since 2005, with gross domestic product (GDP) growing at an average rate of 10.5 per cent per annum in real terms for the period between 2004–05 and 2012–13 (Ministry of Finance and Economic Development, MoFED 2013). This makes Ethiopia one of the fastest growing countries in the world. The rapid economic growth has a multifaceted effect on a number of social, economic, and political domains. Considering 2015 is the year the first Growth and Transformation Plan (GTP)—the country’s comprehensive five-year development plan with targets aligned to the aim of achieving middle-income status by the mid-2020s—ends, it is a good time to explore the pattern of economic growth in Ethiopia and the relevant growth opportunities and challenges. Read more. Source | Brookings
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Expanding small-scale irrigation schemes to ensure food security

Published on August 22, 2016
Ethiopia's economy is largely based on agriculture. Of course, for several years, agriculture has been getting special attention from the government; as a result, the sector has shown a tremendous increase. Moreover, the nation is on the verge of achieving food security. But, so far, it has not come out of rain-fed agriculture. Very recently, the Ministry of Farming and Natural Resource has organized consultative meeting on resource mobilization for sustainable irrigation system in the premises of Ethiopian Institute of Agricultural Research (EIAR). During a day-long meeting, the participants held extensive discussion on 2015/16 performance review of small-scale irrigation schemes in all over the country. Read more. Source | Ethiopian Herald
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Ethiopia, US envision to cement economic ties

Published on August 22, 2016
The Ministry of Foreign Affairs said that the government of Ethiopia is investing heavily on physical infrastructure, railroads, major power projects and telecommunication with a view to attracting potential investors for mutual benefit. Addressing a two-day business-to-business networking between the U.S and African businesses yesterday, Ministry Americas Affairs Director General Ambassador Tebeje Berhe said that Ethiopia is a country that has shown trajectory sustained growth, registered double digit growth for the last 12 consecutive years. The Ethiopian Chamber of Commerce and Sectoral Association in collaboration with the Corporate Council on Africa and the East Africa Trade and Investment Hub organized the meeting to create opportunities to the private sector and enable them share experience on the overall global trading. Read more. Source | Ethiopian Herald
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