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Smell the coffee: Ethiopia’s commodity exchange boosts growth
Addis Ababa, Ethiopia – A bell rings and the floor of Ethiopia’s Commodities Exchange is flooded with traders dressed in coloured coats, waving hands and shouting bids for coffee, sesame seeds or haricot beans.
Following a feverish shouting match, prices are agreed upon and the deal is sealed with a high five between buyer and seller.
Established in 2008, the ground-breaking ECX has...
Coffee grounded-but not ground down
Addis Ababa, Ethiopia – In spite of high expected harvest in the coffee sub-sector, the half year export performance of the year 2012 appears to be sending chills through the stockholders, write Asrat Seyoum and Birhanu Fikade.
If there is any appropriate time that one can easily examine the impact of price volatility on single-commodity dependent economy like Ethiopia, now appears...
