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Ethiopia, a source for Mutombo Coffee, are Expecting Another Record Year for Exports

A deteriorating political crisis in Ethiopia, Africa’s biggest coffee producer, hasn’t disrupted exports and growers expect another record year as foreign rivals struggle.

Ethiopia exported 86,000 tons of coffee during the three months through October, generating $327.9 million, 77% more than projected, according to the Ethiopia Tea and Coffee Authority.

The nation exported 250,000 tons during the marketing year that ended July 31, earning a record $910 million, according to authority figures. Ethiopian coffee exports are forecast to reach 280,000 tons in the current fiscal year and generate $1.1 billion.

Africa’s largest producer and consumer of arabica coffee beans has increased output steadily over the past three years. Last week, the central government declared a six-month state of emergency in a conflict that’s so far been confined to areas outside the main coffee-growing regions.

Robert C. Bush Jr

About Robert C. Bush Jr

I am a senior investment executive with experience across industries (advanced manufacturing, financial services, energy, ICT, e-health, life sciences, security, and retail), geographies (USA, Europe, China, Middle East and Africa), as well as asset classes (venture capital, private equity, Islamic finance). I have engaged in a full array of financial and operating special projects for sovereign-related entities, family businesses, family offices, investment companies, corporates, and startups. I have participated in more than $30 billion in transactions and co-managed assets of nearly $10 billion (usd). I speak frequently to governments, universities, and corporates on issues related to innovation, corporate governance, asset management, and evidence-based investing. Additionally, I provide commentary on live television and international media, including CNN International, Euromoney, and Fox Business News, as well as speak at global conferences, including the UAE’s Annual Investment Meeting (AIM), Milken Conference, Institutional Investor, Business Week CEO Forum, GAIM and dozens of startup pitch events around the globe. My unique, global experiences, love for teaching and learning, as well my established network of relationships, fuel my interests in entrepreneurship, prudent-decision making, and innovation. If you are living a purpose-driven life, let's connect!

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