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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

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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New on our Knowledge Center: WTO World Trade Report 2015 and mobile app

Published on April 29, 2016
The WTO World Trade Report focuses on the benefits of the WTO Trade Facilitation Agreement (TFA), which was agreed by WTO members at the Ministerial Conference in Bali in December 2013. The 2015 World Trade Report is the first detailed study of the potential impacts of the TFA based on a full analysis of the final agreement text. The WTO has also published a companion app (on iTunes, Android, and Amazon app stores) to the report. The app includes the full text of the Report plus the underlying data for all charts and tables in the Report. It also contains a video and photos of the launch event. Go to our knowledge center for this report and more.
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World Trade Report 2015

Published on April 29, 2016
The WTO Trade Facilitation Agreement (TFA), which was agreed by WTO members at the Ministerial Conference in Bali in December 2013, is the first multilateral trade agreement concluded since the establishment of the WTO in 1995. The 2015 World Trade Report is the first detailed study of the potential impacts of the TFA based on a full analysis of the final agreement text.The WTO Trade Facilitation Agreement (TFA), which was agreed by WTO members at the Ministerial Conference in Bali in December 2013, is the first multilateral trade agreement concluded since the establishment of the WTO in 1995. The 2015 World Trade Report is the first detailed study of the potential impacts of the TFA based on a full analysis of the final agreement text.Download here Get the companion app from the iTunes, Android, Amazon app stores. The Report’s findings are consistent with existing studies on the scale of potential benefits from trade facilitation, but it goes further by identifying and examining in detail a range of other benefits from the TFA. These include diversification of exports from developing countries and least-developed countries to include new products and partners, increased involvement of these countries in global value chains, expanded participation of small and medium-sized enterprises in international trade, increased foreign direct investment, greater revenue collection and reduced incidence of corruption.The Report also looks into the challenges of implementing the Trade Facilitation Agreement and examines how a new facility, launched in 2014 by WTO Director-General Roberto Azevêdo, will provide support to help developing countries implement the Agreement.  
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Hub facilitates apparel buyer mission to Ethiopia, Kenya and Rwanda

Published on April 22, 2016
This week, the Hub hosted executives from the Superior Uniform Group (SUG), which is the 4th largest uniform buyer in the U.S. market, on a buyer mission to Ethiopia, Kenya and Rwanda. SUG designs, manufactures and markets employee uniforms, image apparel, scrubs and patient apparel. The company is seeking to expand its sourcing capacity in East Africa. The Hub's AGOA team pre-selected viable producers in the three countries and helped them to prepare their product portfolios for the mission. The Hub is actively seeking to connect East African producers with U.S. buyers through such missions.
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