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Local baristas showcase talents

Inside the Hyatt Regency, an international barista competition was held last Saturday to help promote a coffee culture and give local baristas a chance to showcase their talent in the international arena.

GIZ launches award for Ethiopian coffee farmers

German Ministry for Economic Cooperation and Development through the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), has launched an award to recognize innovative ideas within the farmers of Ethiopia worth EUR 50,000.

Container pilferage takes toll on coffee exporters

Coffee exporters have been suffering from and grappling with theft and fear of escalated reputation distortion, as container pilferage continues to cause considerable losses to bagged and containerized coffee, The Reporter has learnt.

 Coffee fetches USD 334 mln, declines by USD 48 mln

The export of some 104,000 tons of coffee has generated USD 334 million. When added with the USD five million generated from spices exports and USD 1.6 million from tea; the total export value Ethiopia has bagged during the current half fiscal year stands at USD 340 million.

Coffee exporters grapple with cargo pilferage

A systematically orchestrated coffee cargo pilferage destined for export market has become a trend in the export business with at least six exporters reportinga loss of some 150 quintals from sealed containers, The Reporter has learnt.

Coffee promotion sparks controversy, protest

Following Facebook and website posts by Ethiopian Airlines and the Ethiopian Coffee and Tea Development Authority, Kaffa Zone of the Southern Nations, Nationalities and Peoples’ Region (SNNPR) has staged a consecutive three-day long demonstration protesting the alleged denial of Kaffa’s historic right as the origin of coffee by two institutions.

Coffee bags USD 204 mln in three months

Still quite shy of its target and last year’s performance, the export of 60,000 tons of coffee has generated USD 204 million during the first quarter of the current fiscal year, The Reporter has learnt.

Blockchain technology to debut in Ethiopia

Ministry of Science and Technology (MoST) signed a Memorandum of Understanding (MoU) with Input Output Hong Kong, a company based in Hong Kong, China, on Thursday for the utilization of a blockchain application platform called Cardano, a type of blockchain record management platform used in Ada cryptocurrency, in Ethiopia.     

ECX seats fetch record-high bid price

The Ethiopia Commodity Exchange (ECX) has managed to sell five ordinary membership seats at a price of 3.5 million birr in a tender opened at the headquarters of ECX last week.