11 January 2020 - United Nations’ International Fund for Agricultural Development (IFAD) has agreed to sanction USD 40 million (1,28,03,36,000 Birr)  in support of the Rural Financial Intermediation Program set to be implemented by the Ethiopian government. The program is expected to create wider access to financing for the farmers and help diversify their income sources. The total cost of the program is estimated to be $305.7 million. Read more


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Economic Facts

  • Do you like drinking coffee? The first cup of coffee originated in Ethiopia and ended up becoming a global phenomenon, and now a part of people’s daily routine. The coffee industry plays an important role in the economy of Ethiopia, which is the largest coffee producer in Africa and the fifth-largest in the world. It has been estimated that approximately 400,000 hectares of area of the nation is only used for coffee cultivation and supports the livelihood of millions of people. Check your salary and keep drinking coffee!
  • An anomaly in the region, Ethiopia is one of the only two African nations to have never been completely under the rule of a colonising country. It is a point of great pride for the people of Ethiopia.  Labour Laws in Ethiopia