The Ethiopia Commodity Exchange(ECX) is an organized marketplace, where buyers and sellers come together to trade, assured of quality, quantity, payment, and delivery. The Exchange is jointly governed by private-public Board of Directors.
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Unlocking African Agriculture: Where Markets Can Take Us - A Statement Delivered at World Economic Forum
In my view, in the aftermath of market reforms and structural adjustment, Africa is unique in history and across the regions of the world in expecting that smallholder farmers will grow themselves out of the trap of low-input, low yield, and low output agriculture with the kinds of risks and costs they face.
In Ethiopia, the capital intensity of agricultural production is just six percent, with extremely low modern input usage and yields per hectare that are at one-fifth of their potential.
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