City
Epaper

Ethiopia launches national coffee platform to maximise earnings

By IANS | Updated: November 22, 2024 20:50 IST

Addis Ababa, Nov 22 Ethiopia has launched a national coffee platform to fully harness the potential of its ...

Open in App

Addis Ababa, Nov 22 Ethiopia has launched a national coffee platform to fully harness the potential of its coffee production and export by addressing challenges and effectively leveraging opportunities.

During the launch of the National Coffee Stakeholder Engagement Platform Thursday in Addis Ababa, Ethiopia's capital, Adugna Debela, Director-General of the Ethiopian Coffee and Tea Authority, said the platform is committed to fostering inclusive engagement to maximize the benefits of the country's coffee resources.

"The platform provides access for all stakeholders to discuss various coffee-related issues, from cultivation to marketing, with the aim of enhancing the country's coffee productivity and quality," Debela said.

Debela added the platform also establishes quality standards for branding and marketing strategies, focusing on specialty coffee trading.

Ethiopian State Minister of Finance for Economic Cooperation Semereta Sewasew said the platform represents a significant step forward in addressing challenges and capitalising on opportunities within the industry, Xinhua news agency reported.

Ethiopia, renowned for its coffee production, earned 1.43 billion US dollars from coffee exports in the last Ethiopian fiscal year, which ended on July 7, 2024. The East African nation aims to increase this figure to two billion dollars in the 2024/2025 fiscal year.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

TechnologySensex, Nifty open higher as India-US trade talks set to resume

BusinessSensex, Nifty open higher as India-US trade talks set to resume

InternationalOpen Masters Games Abu Dhabi 2026 preparations underway for region's largest multi-sport event

BusinessNifty, Sensex open flat on Tuesday amid resumption of India-US trade talks

NationalDrunk men unleash dog on protesting neighbours, attack with rods in Delhi's Subhash Park

International Realted Stories

InternationalUS to begin applying tariff on Japanese automakers, Korean cars subject to 25 pc levy

International"Long-standing and fruitful": Indian envoy to US highlights decades-long space partnership

InternationalAs US negotiator arrives for trade talks, Trump's advisor Navarro says India 'coming to table'

InternationalTeamwork and communication key lessons: Sunita Williams on her experience during Expedition 72

InternationalIsrael says it struck Hezbollah site in Lebanon, one wounded