Trade and Finance

Archived articles on: trade, financial institutions, economic growth and wealth of the nation.

Book On Quality Management System Launched


AllAfrica - ISO 9001 Implementation Handbook, a first of its kind book on quality management system in Ethiopia, launched on Saturday.

Ethiopian Coffee Exporters Awaiting Devaluation, Exchange Says


Bloomberg - Coffee exporters in Ethiopia, Africa’s biggest producer, are stockpiling beans in anticipation of a further devaluation of the national currency, the Ethiopian Commodity Exchange said.

Coca-Cola Flows in Ethiopia, But Drains Foreign Currency


VOA - The American soft drink Coca-Cola has become a symbol of Ethiopia's deepening financial troubles. The beverage is flowing again after a brief pause, even though it drains the country's precious foreign exchange reserves.

Ethiopia expects to earn $600 million in coffee exports


APA - Ethiopia expects to earn $600 million from coffee exports in the year 2009 despite the current global financial crisis.

Indian Institute Conducts Training in Dry Port Management Here


AllAfrica - The Indian Institute of Foreign Trade (IIFT) kicked off a training program on International business in Addis Ababa on Monday.

Ethiopia, Top African Coffee Grower, Shuts Warehouses


Bloomberg - Ethiopia, Africa’s largest coffee producer, closed the warehouses of the country’s six largest exporters of the beans and suspended their licenses after accusing the brokers of hoarding the crop, the government said.

Ethiopia annual inflation falls to 32.8 pct in Feb


Reuters - Ethiopia's annual inflation rate fell to 32.8 percent in February compared with 37.8 percent in January, the government said on Monday.

AfDB Calls for Greater Awareness of Global Crisis, Pledges Support


AllAfrica - Greater awareness of the impact of the global economic and financial crisis on Ethiopia's economy is needed in efforts to curb the potential impact of the global economic slow-down and the credit crunch, a group of Executive Directors of the Board of the African Development Bank said.PHP Fatal error: Maximum execution time of 30 seconds exceeded in D:DomainsDAILYETHIOPIA.COMwwwrootdbadmintbl_change.php on line 673

Premier Blames Coffee Traders for Sales Drop


Bloomberg - Ethiopian traders who hoard coffee are responsible for the decline in exports of the beans from the Horn of Africa country, Prime Minister Meles Zenawi said.

Ethiopia Should Ease Bank, Telecom Rules to Join WTO, U.S. Says


Bloomberg - Ethiopia should liberalize its protected banking and telecom sectors as a step toward joining the World Trade Organization, a U.S. trade official said.
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