Ethiopia's Coffee to Witness Record High Price

The Daily Monitor (Addis Ababa)

Hayal Alemayehu
Addis Ababa

Some selected coffee varieties growing in Ethiopia are expected to fetch a minimum of four to five US dollars per pound, a price that would be by far an all time record high for coffee beans exported from the land, Abraham Begashaw, head of coffee and tea quality control Department at the Ministry of Agriculture and Rural Development told The Daily Monitor.

Identified as best quality coffee types by International Cuppers last Saturday, the beans will be auctioned via Internet in May, where a number of specialty coffee buyers are expected to bid for the produces, according Phyllis Johnson, owner of a US company (B.D Imports) that buys specialty coffee from African countries.

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