AGP Executive Report
Last update: 12 hours agoAgriculture & Trade: Ethiopia ranks third among importers of Russian fertilizer, with annual state procurement demand for 1.2 million tonnes of diammonium phosphate. The Megech Dam is also set to irrigate 17,000 hectares and improve water supplies around Gondar. Mining: Allied Gold’s Ethiopian operation is advancing toward a potential 300,000 ounces of annual output, a major expansion for the country’s gold sector. Growth Outlook: The IMF projects Ethiopia’s economy will grow 9.2% in 2026, placing it fourth worldwide in the latest ranking. Coffee Exports: ECTA says more than 99% of Ethiopian coffee farms are deforestation-free, while a separate report warns EU rules could put $453 million in coffee trade at risk. Investment: A Sharjah Chamber forum in Addis Ababa brought together 150 Emirati and Ethiopian companies to pursue trade and investment partnerships.
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