Ethiopia should focus on light manufacturing industries and related export processing zones according to the latest survey report submitted to senior government officials by the World Bank. 
The recommendation to concentrate on light manufacturing industries received positive feedback from the Ethiopian government according to Guang Zhe Chen Country Director for the World Bank in Ethiopia.
Add a comment Add a commentKlatch Coffee Inc, specialty coffee roaster in Southern California was awarded with a Good Food Award Gold seal for its Ethiopian Gedo Worka coffee. The coffee bean from Ethiopia is known for its distinct and diverse flavors. 
The award in the coffee category of the Good Food Award was presented by a panel of thirteen well regarded coffee experts at an event held in San Francisco last week.
The Good Food Awards are intended to honor drink and food producers committed to creating authentic, tasty and responsible food systems honoring farmers and producers.
Add a comment Add a commentThe establishment of a bond exchange market in Ethiopia was called for by the third macro economic analysis conducted by Access Capital. 
An Ethiopian Bond Exchange can help standardize requirements and practices associated with the issue of bonds as well as providing a central depository for trading, disclosing and registering bond issues by both private and public stakeholders explained the Access report.
Add a comment Add a commentEthiopia’s economy could see an 8% growth rate in Gross Domestic Product in 2012 and 2013 according to the United Nations Report on Global Economic Situation and Prospects 2012. The Ethiopian Government expects 11% growth rate during the same period.
African countries, including Ethiopia, will see growth in the face of a faltering world economy said Adam Elhirka the United Nations Chief of Macro Economic Analysis.
Economic growth in Ethiopia will be seen in infrastructure development and in the energy sector in particular he said. It is expected that economic growth will make up for the adverse effects wrought by drought on agricultural output in some areas according to Elhirka.
Add a comment Add a commentCoffee production in Ethiopia for the last two seasons has exceeded all expectation according to the International Coffee Organization. Coffee output, internationally, exceeded expectations by 1 million bags for 2010-11 to reach 134.2 million bags said the coffee organization.
The ICO has increased its estimated global output for 2011-12 by 3.8 million bags due to a significant increase in production in Ethiopia expected to be around 6 million bags.
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