Ethiopian flowers displayed at 8th IFEX 2011

Addis Ababa, October 29, 2011 (ENA) – The Ethiopian Horticulture Development Agency said Ethiopian flowers were displayed at the 8th International Flower Expo Tokyo (IFEX 2011) last week.

Agency Director-General, Haileselassie Tekie said ten companies took part in the three-day event.

Haileselassie said various foreign companies have shown interest to import Ethiopian flowers.

He . . . → Read More: Ethiopian flowers displayed at 8th IFEX 2011

Ethiopian flower growers, agency at odds over new directive

Ethiopian flower growers voiced discontent over a new directive requiring the volume of cut flowers offered to the international market to be measured in terms of kilograms instead of the usual number of stems.

The Ethiopian Horticulture Development Agency (EHDA) has decided to measure cut flower produce in kilograms to avoid the lengthy export . . . → Read More: Ethiopian flower growers, agency at odds over new directive

Draft Directive Weighs on Ethiopian Flower Exporters

The Ethiopian Horticulture Development Agency (EHDA) is drafting a new export management directive, which is expected to take effect this month, that changes the unit of measurement of flowers to kilograms as opposed to stems in calculating repatriated foreign exchange.

For this purpose, the draft has changed the unit of measurement of flowers . . . → Read More: Draft Directive Weighs on Ethiopian Flower Exporters

Karuturi to plant 20,000 hectares by November

Karuturi Global limited company plans to plant 20,000 hectares of land with Sorghum, rice, maize, sunflower and soybeans in Bako area of Oromia regional state and Gambella regional state, by November 2011, according to Ramakrishna Karuturi, Founder and Managing director of Karuturi Global Limited Company.

The land is part of the 100,000 hectares of . . . → Read More: Karuturi to plant 20,000 hectares by November

Ethiopia flower earnings may surge by 2016-growers

ADDIS ABABA (Reuters) – Ethiopia’s income from horticulture exports is expected to more than triple to $550 million in five years due to rising investment, the head of a growers’ association said on Monday.

More than 90 companies, including foreign firms, have set up in the sector, where investors have taken up 1,600 hectares . . . → Read More: Ethiopia flower earnings may surge by 2016-growers

Council of Ministers Decrees All Flower Farms Must be Certified

A Horticulture Development Regulation, drafted by the Environmental Protection Authority (EPA) to regulate the sector’s code of conduct, was approved by the Council of Ministers on Friday, February 25, 2011.

The regulation will take effect once it is published in the official Negarit Gazeta in the coming weeks.

The regulation was drafted as part . . . → Read More: Council of Ministers Decrees All Flower Farms Must be Certified

Flower Farm Finally Fetches 17m Br

The bank accepts the offer from the first flower farm owner after the second party fails to show up for negotiations. . . . → Read More: Flower Farm Finally Fetches 17m Br

Karuturi foresees USD one billion from export

Karaturi Global Limited, India’s largest private investment company in Ethiopia, is expecting to generate USD one billion in export revenues. The amount (which is half of the country’s export income of the previous year) is expected to be earned from the 311,000 hectares that it will be cultivating in Ethiopia, Sai Ramakrishna Karuturi, founder and managing director of the Indian conglomerate told The Reporter. . . . → Read More: Karuturi foresees USD one billion from export

Co-op Pledges Exporting at Cost

A newly formed horticulture cooperative is to set up provision of cargo freight services to members on a cost recovery basis. . . . → Read More: Co-op Pledges Exporting at Cost

How the Iceland volcano ash cloud is crippling Kenya’s flower industry

Nairobi, Kenya – Clouds of ash from the Iceland volcano are forcing thousands of workers at farms near the Equator to down tools and robbing Kenya’s flower and vegetable industry of $3 million per day. . . . → Read More: How the Iceland volcano ash cloud is crippling Kenya’s flower industry