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Summary
| Description |
Coffee farmer Feleke Dukamo checks the latest coffee prices. The Ethiopia Commodity Exchange's new price information line already gets 40,000 calls a day from farmers like Feleke. Because he knows the price coffee is trading for in Addis Ababa, Ethiopia's capital, Feleke can drive a hard bargain with his buyers. The result? As Feleke says: "In the three years since the ECX was set up, the price I get for my coffee has increased nine-fold." DFID supported two leading research institutes who were tasked with finding a solution to Ethiopia's inefficient food and commodity markets. The UK aid funded research recommended setting up a commodity exchange and helped to design the warehousing, logistics and payment systems that the exchange uses today. The exchange helps to boost exports and secure a better deal for farmers and consumers. More information: www.dfid.gov.uk/ecx |
| Date | |
| Source | Knowledge is power - driving a hard bargain |
| Author | DFID - UK Department for International Development |
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This image, originally posted to Flickr, was reviewed on 22 May 2013 by the administrator or reviewer File Upload Bot (Magnus Manske), who confirmed that it was available on Flickr under the stated license on that date. |
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| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 16:47, 22 May 2013 | | 3,888 × 2,592 (2.07 MB) | <bdi>File Upload Bot (Magnus Manske)</bdi> | Transferred from Flickr by User:russavia |
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