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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

MSEs: Transforming livelihood of youth

Published on May 17, 2016
During the past two decades, perceptions of micro and small enterprises (MSEs) and their role in economic development has changed substantially. As MSEs usually require small start up capital and utilize local resources and skills harnessed to a greater extent to produce a variety of products for the market, they have proved to be a dependable sources of employment opportunity. Besides, they also serve as a seedbed for large scale entrepreneurship. Micro and Small Enterprises in Ilu Aba Bor Zone of Oromia State have been benefiting the youth through significant job creation and income generation. Mohammed Teshome, once a jobless resident of Gachi Woreda, is currently chairing an association named Jitu. Mohammed and his 10 colleagues were first organized by the Woreda's Small and Micro Enterprises Development Office last year to multiplying improved Avocado seed. He said the members had received their diploma in various disciplines from Poly Technique College. With the support and training received from the office, members had acquired the necessary skill and know how to efficiently multiply improved avocado seed, Mohammed added. Read more. Source | Ethiopian Herald
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Why special attention should be given to manufacturing sector

Published on May 13, 2016
Since the launching of the first Growth and Transformation Plan, the government has given due emphasis to expanding the manufacturing sector. Besides creating large number of jobs, the manufacturing sector plays a key role in transforming the economy by creating linkage between the agriculture and industry sectors and ensuring value addition on agricultural products. Further, it also plays an indispensable role to substitute imports, attract foreign direct investment, improve foreign currency earnings and serve as a platform for technology and knowledge transfer. The expansion of industries requires rapid expansion in the supply of energy. Accordingly, the government — through mobilization of domestic resources as well as with the support of partners — have been striving to enhancing the energy supply. Read more. Source | Ethiopian Herald
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Institute launches sorghum, millet productivity enhancement project

Published on May 13, 2016
The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) launched yesterday the second dry-land cereals improvement project called Harnessing Opportunities for Productivity Enhancement in Sorghum and Millets in Africa (HOPE Phase Two) aimed at improving productivity of sorghum, pearl millet and finger millet. According to a press release the Institute sent to the Ethiopian Herald, the project, supported by the Bill and Melinda Gates Foundation, helps farmers cope with the effects of drought and reduce poverty, hunger and malnutrition in six sub-Saharan Africa countries namely Ethiopia, Burkina Faso, Mali, Nigeria, Tanzania, and Uganda. The project would work towards promoting Sorghum and Millets which are the most inherently drought tolerant of all major staples giving the severity of intermittent drought in most countries in Sub-Saharan Africa especially in eastern and southern Africa the past three years, it stated. Read more. Source | Ethiopian Herald
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African farmers to gain from $2 billion cold storage facilities

Published on May 13, 2016
The Alliance for a Green Revolution in Africa (Agra) in partnership with Indian-based agrochemical maker UPL Limited Wednesday launched a $2 billion cold storage project to address challenges of post-harvest losses for potato farmers in the continent. The public-private initiative dubbed ‘one million tons of cold storage’ was unveiled in Kigali during the ongoing World Economic Forum on Africa. Poor storage of farm produce accounts for 40 per cent of food losses in Africa. Agra and UPL said they will set up the post-harvest storage facilities across sub-Saharan Africa within the next ten years for potatoes and other perishable produce including fruits and vegetables. Read more. Source | Business Daily
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Nepad launches new drive to promote intra-Africa trade

Published on May 12, 2016
The New Partnership for Africa’s Development (Nepad), an agency of the African Union that implements high-impact development projects on the continent, has launched an initiative dubbed ‘MoveAfrica’ to help tackle policy hurdles to trade across the continent. The drive was launched yesterday on the sidelines of the on-going World Economic Forum for Africa, in Kigali, with officials at the Nepad Planning and Coordinating Agency (Nepad Agency), saying the new effort will help address issues related to cross-border transport and logistics challenges on the continent. It will seek to drive down costs and increase efficiency for logistics companies and manufacturers in various industries in Africa. Read more. Source | New Times
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Investments in agriculture can unlock untold prosperity in Africa: IFAD

Published on May 11, 2016
While Africa is expected to experience its slowest growth rate this millennium, Kanayo Nwanze, the President of the UN’s International Fund For Agricultural Development (IFAD), brings a strong message of optimism to government and business leaders gathering for the Grow Africa Investment Forum and the World Economic Forum on Africa (WEF) in Kigali this week. Africa has 25 per cent of the world’s arable land, yet it generates only 10 per cent of global agricultural output. With a population growth of 2.7 per cent annually, food demand on the continent is expected to double every 30 years. Investments that encourage increased agricultural production would cut Africa’s annual US$35 billion food import bill, keeping this money on the continent to be used for broader economic development. Read more. Source | Standard Digital
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New on our Knowledge Center: A World Bank Group Flagship Report- Global Economic Prospects 2016

Published on May 05, 2016
The January 2016 edition of Global Economic Prospects discusses current global and regional economic developments and prospects, analyzing key challenges and opportunities confronting developing countries. It also highlights spillovers from large emerging markets and macroeconomic vulnerabilities during resource development. Biannually (January and June), it examines global economic developments and prospects, with a special focus on developing countries, as well as analysis of topical policy challenges faced by developing countries through in-depth research detailed in this edition.  Visit the knowledge center for this report and more.
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Uhuru calls for more intra-Africa trade

Published on May 05, 2016
President Uhuru Kenyatta yesterday urged governments to enhance intra-Africa trade through easing business conditions in order to lure investments and better lives. He said this could best be done by improving infrastructure, reducing cost of electricity and filling the gap on disputes resolution. The President said Kenya had invested heavily in easing trade conditions where a new seaport had been built and administrative systems streamlined among other things. East African countries also enjoyed faster clearance of goods on an online portal, which saw cargo destined to Uganda taking two days from the traditional 18 while Rwanda now enjoys four days transit period from the costly 20. Read more. Source | Daily Nation
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