VOICED : Ethiopia hopes to pave the way

VOICED : Ethiopia hopes to pave the way

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Interactive Video

Business

10th Grade - University

Hard

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The Ethiopia Commodities Exchange, established in 2008, revolutionized the trading of commodities like coffee, sesame, and maize by eliminating middlemen and ensuring prompt payment to farmers. It has significantly impacted Ethiopia's economy, being a major export earner. Despite its success, challenges like limited warehouse space and supply chain inefficiencies persist. The exchange has inspired other African nations to improve market access for their producers, with hopes for a continent-wide commodities exchange in the future.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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