Ethiopian Coffee In Danger?

The Government of Ethiopia has reportedly seized the warehouses of six of the country’s largest exporters, and suspended their export licenses. Ethiopian Premier Meles Zenawi has accused the exporters in Africa’s largest coffee producer of hoarding the commodity, and also announced that the state-run Ethiopian Grain Trade Enterprise – a grain importer – will take over the export of the beans.

Ethiopia’s Communications Minister – Bereket Simon – said “This is a commodity which we rely upon to get our foreign exchange. If some of our traders are not acting properly in this respect, the government has to make sure the market functions properly.”

Tags: Coffee From Ethiopia, Ethiopia Coffee, Ethiopian Coffee