Tuesday, March 3, 2026

Foreign Flower Firms Flee Ethiopia as Amhara Conflict Intensifies

International flower companies are fleeing Ethiopia because of a worsening conflict in the northwestern Amhara region, a key flower-growing hub, dealing a blow to one of the country’s major exports…Ethiopia’s cut-flower industry, which generated more than $500 million in revenues last year, is the country’s second-biggest export after the top-earning $900 million coffee sector, according to central bank figures. It has made strong inroads into the global flower trade in recent years, securing a 5.5% stake of market share, while still behind Kenya’s roughly 16% stake…Many companies have reported hijackings of staff truck drivers for ransom…This is not the first time conflict has hit flower growers in the volatile Amhara region. In 2016, several flower farms belonging to multinational companies were razed to the ground by armed militias. Many also saw attacks on their employees. (Semafor)

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

The Napkin Curve and the Limits of Economic Policy

Few images in modern economics are as simple—or as...

GERD: Africa’s energy Project of the Year

The Grand Ethiopian Renaissance Dam (GERD) has reached a...

Yohannes Names Backroom Staff Following National Team Reappointment

Yohannes Sahle, who was recently reinstated as the head...

No More Midnight Transactions: Ethiopia Steps Into the Light

I remember sitting in my office in 2019 with...
spot_img

Related Articles

Popular Categories

spot_imgspot_img