In a regulatory shift aimed at improving professionalism in the coffee export sector, the Ethiopian Coffee and Tea Authority has planned to raise the minimum capital requirement for obtaining a coffee exporter qualification certificate from Birr 1.5 million to Birr 15 million, a tenfold increase.
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The Ministry of Mines announced that Ethiopia generated USD 2.057 billion in revenue from gold exports during the first 10 months of the 2024/25 fiscal year, marking a major milestone in the country’s mining sector.
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Ethiopia has achieved a historic milestone in its coffee sector, earning USD 1.8 billion from exports over the past ten months, surpassing its target and setting a new national record, according to the Ethiopian Coffee and Tea Authority (ECTA).
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The Ethiopian Coffee and Tea Authority revealed that nearly 300,000 tons of coffee were shipped abroad in the past nine months, generating over USD 1.5 billion in foreign exchange earnings.
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Ethiopia has generated a record USD 4.5 billion in revenue from export trade over the past nine months, marking the highest figure in the nation’s export history, according to Minister of Trade and Regional Development, Kassahun Gofe (PhD).
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