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Ethiopia had an average inflation rate of 26% in 2021 and 30% in 2022, something that was largely driven by a rise in food prices; [27] in February 2023, the overall inflation rate reached 32%, [28] and Ethiopia continued to experience high inflation by September 2023, with commonly purchased food items becoming more expensive. [29]
In 2010 World Bank approved a plan to devote $150 million to the Ethiopian government ($108.4 million of which as credit and $41.6 million as a grant) "to support increased agricultural productivity, enhanced market access for key crop and livestock products, and improved food security".
Eleni Gabre-Madhin at ECX. The Ethiopia Commodity Exchange (ECX) is a commodities exchange established April 2008 in Ethiopia.In Proclamation 2007-550, which created the ECX, its stated objective was "to ensure the development of an efficient modern trading system" that would "protect the rights and benefits of sellers, buyers, intermediaries, and the general public."
4.9 million tons of sorghum (4th largest producer in the world) 4.2 million tons of wheat; 2.1 million tons of barley (17th largest producer in the world) 1.8 million tons of sweet potato (5th largest producer in the world) 1.4 million tons of sugar cane; 1.3 million tons of yam (5th largest producer in the world) 988 thousand tons of broad bean
Ethiopian cuisine (Amharic: የኢትዮጵያ ምግብ "Ye-Ītyōṗṗyā məgəb") characteristically consists of vegetable and often very spicy meat dishes. This is usually in the form of wat, a thick stew, served on top of injera (Amharic: እንጀራ), a large sourdough flatbread, [1] which is about 50 centimeters (20 inches) in diameter and made out of fermented teff flour. [1]
Ethiopia produced in 2018: 7.3 million tons of maize (17th largest producer in the world); 4.9 million tons of sorghum (4th largest producer in the world); 4.2 million tons of wheat; 2.1 million tons of barley (17th largest producer in the world); 1.8 million tons of sweet potato (5th largest producer in the world); 1.4 million tons of sugar cane;
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Ethiopia, officially the Federal Democratic Republic of Ethiopia, is a landlocked country located in the Horn of Africa region of East Africa. It shares borders with Eritrea to the north, Djibouti to the northeast, Somalia to the east, Kenya to the south, South Sudan to the west, and Sudan to the northwest. Ethiopia covers a land area of ...