Ethiopia Commodity Exchange announced today the official launch of its IBM-enabled national traceability system, eATTS. The ECX traceability system will encompass over five million smallholder farmers engaged in producing multiple commodities traded at the ECX. The system, which will begin by piloting with coffee, is expected to increase exports of high-quality Ethiopian coffee world-wide and enhance market access for specialty coffee from Ethiopia.
The community in Haro Bake today celebrated the opening of a rehabilitated micro dam tha t will increase its reservoir capacity by 502,800 cubic meters. The additional water harvested will enhance the ability of more than 15,000 households in the Borena rangelands and surrounding area to cope with failed rains and drought. The micro dam, rehabilitated with the support of the United States Agency for International Development (USAID), will enhance the community’s resilience and improve the nutritional status of families by saving the lives of thousands of livestock and increasing the amount of milk and meat obtained from them. The dam will also improve peace and security in the area by reducing conflict over dwindling water resources.
Members of the Impact Angel Network (IAN) closed an investment in the food and beverage industry in Ethiopia. The investment will fund the expansion of a leading producer of paper products and importer, manufacturer and distributer of fast-moving consumer goods in Ethiopia. The company sees an opportunity to leverage management’s experience in the sector and the IAN and RENEW’s support to gain significant market share in the growing food and beverage industry by offering low-cost, locally produced alternatives to expensive imports.
U.S. Ambassador to Ethiopia Patricia M. Haslach joined President Mulatu Teshome at the Origin Africa presents: Africa Sourcing and FashionWeek trade expo to promote East African countries as sourcing and investment destinations for international buyers of apparel, textile, leather, and home decor. The United States Agency for International Development (USAID)-supported trade expo is a prime opportunity to raise the profile of East African designers and manufacturers, and draw investment to the region.
The sounds of celebration! That was the sound heard across the rural township of Durame on October 17, 2015, as thousands of people from Kembatta zone, located in the Southern Nations, Nationalities and Peoples' region of Ethiopia came together to celebrate the Beginning of the End of Marginalization.
Last updated: August 15, 2016