Yasmin-State-minstrer-of-trade-and-regional-integration- (Photo: MTRI) Addis Abeba – The Ministry of Trade and Regional Integration has announced that Ethiopia will commence duty-free exports to member states of the African Continental Free Trade Area (AfCFTA) on Thursday, 9 October 2025. The move marks the country’s first official export operation under the AfCFTA framework. Speaking at a press briefing …

Yasmin-State-minstrer-of-trade-and-regional-integration- (Photo: MTRI) Addis Abeba – The Ministry of Trade and Regional Integration has announced that Ethiopia will commence duty-free exports to member states of the African Continental Free Trade Area (AfCFTA) on Thursday, 9 October 2025. The move marks the country’s first official export operation under the AfCFTA framework. Speaking at a press briefing …

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An artisanal miner prospecting for gold in the Adawro River, Tigray region (Photo: The Reporter) Addis Abeba – In the last fiscal year, Ethiopia’s export revenues reached $8.3 billion, well above both the planned target of $5.1 billion and the previous year’s $3.8 billion. Traditionally, key commodities like coffee and flowers have shaped Ethiopia’s foreign exchange …

An artisanal miner prospecting for gold in the Adawro River, Tigray region (Photo: The Reporter) Addis Abeba – In the last fiscal year, Ethiopia’s export revenues reached $8.3 billion, well above both the planned target of $5.1 billion and the previous year’s $3.8 billion. Traditionally, key commodities like coffee and flowers have shaped Ethiopia’s foreign exchange …

(Photo: FMC) Addis Abeba – The Ethiopian Coffee and Tea Authority has reported that the country generated $797 million from the export of 178,000 metric tons of coffee during the first five months of the current fiscal year. This represents a 72% increase in export volume and a 55% rise in revenue compared to the same period …

(Photo: FMC) Addis Abeba – The Ethiopian Coffee and Tea Authority has reported that the country generated $797 million from the export of 178,000 metric tons of coffee during the first five months of the current fiscal year. This represents a 72% increase in export volume and a 55% rise in revenue compared to the same period …

Mamo Mihretu, Governor of the National Bank of Ethiopia (Photo: ENA) Addis Abeba – The National Bank of Ethiopia (NBE) has revised its foreign currency retention policy, granting exporters increased flexibility in the use of their hard currency earnings. Effective today, 14 November, 2024, the updated policy permits exporters to retain 50% of the foreign currency they …

Mamo Mihretu, Governor of the National Bank of Ethiopia (Photo: ENA) Addis Abeba – The National Bank of Ethiopia (NBE) has revised its foreign currency retention policy, granting exporters increased flexibility in the use of their hard currency earnings. Effective today, 14 November, 2024, the updated policy permits exporters to retain 50% of the foreign currency they …

Ethiopia - Agriculture, Coffee, Trade: Under Haile Selassie I (reigned 1930–74), Ethiopia’s economy enjoyed a modicum of free enterprise. The production and export of cash crops such as coffee were advanced, and import-substituting manufactures such as textiles and footwear were established. Especially after World War II, tourism, banking, insurance, and transport began to contribute more to the national economy. The communist Derg regime, which ruled from 1974 to 1991, nationalized all means of production, including land, housing, farms, and industry. Faced with uncertainties on their land rights, the smallholding subsistence farmers who form the backbone of Ethiopian agriculture became reluctant to risk producing surplus foods