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With increased processing capacity and better weather conditions expected to prevail, sugar production is forecast to climb to 370,000 metric tons in MY16/17 (May-Apr).
After a small decline in MY15/16 (Aug-Jul) because of the drought, cotton production is forecast to more than recover, reaching 207,000 bales (45,000 metric tons) in MY16/17.
The Government of Ethiopia (GOE) has reportedly completed the process of awarding contracts for the previously-announced 1.0 million metric ton wheat tender.
In recent years, the Government of Ethiopia (GOE) has made considerable investments to boost the country’s capacity to produce sugar.
Sub-Saharan Africa’s voracious appetite for imported agricultural goods is a direct result of the region’s robust growth in gross domestic product (GDP) and population.