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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." [1]
The Ethiopian Institute of Agricultural Research (EIAR) is a research institute for agricultural study in Ethiopia. has evolved through several stages since its initiation during the late 1940s, following the establishment of the agricultural and technical school of Ambo and Jimma.
Location of Ethiopia. Ethiopia is a country located in the Horn of Africa. According to the IMF, Ethiopia was one of the fastest-growing economies in the world, registering over 10% economic growth from 2004 through 2009. [1] It was the fastest-growing non-oil-dependent African economy in the years 2007 and 2008. [2]
Ethiopia's economy experienced strong, broad-based growth averaging 9.4% a year from 2010/11 to 2019/20. Ethiopia's real gross domestic product (GDP) growth slowed down to 6.1% in 2019/20 due to the COVID-19 pandemic. [80] Industry, mainly construction, and services accounted for most of the growth.
Coffee harvest in Ethiopia. Coffee, which originated in Ethiopia, is the largest foreign exchange earner. Agriculture accounted for 50% of GDP, 83.9% of exports, and 80% of the labor force in 2006 and 2007, compared to 44.9%, 76.9% and 80% in 2002–2003, and agriculture remains the Ethiopian economy's most important sector. [7]
When their occupation of Ethiopia ended in 1941, the Italians left behind a country whose economic structure had changed little in centuries. [1] Some improvement had taken place in communications, particularly in road building, and some limited attempts had been made to establish a few industries and to introduce commercial farming, particularly in Eritrea, which Italy had occupied since 1890 ...
A quantitative measure of the famine are grain prices, which show high prices in eastern and central Tigray, spreading outward after the 1984 crop failure. [1] A major drain on Ethiopia's economy was the ongoing civil war, which pitched rebel movements against the Soviet and Cuban-backed Derg government. This crippled the country's economy ...
Abdul Wahidi or Abdul Bedi is a variety of almonds, [1] grown mainly in Afghanistan. The river valleys of the Khulm River in northern Afghanistan, particularly Balkh province, Samangan province and Kunduz province [2] grow Abdul Wahidi almonds in abundance. Balkh province is said to grow the finest Abdul Wahidi almonds in the world. [3]
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