Agriculture
Ethiopian Guji Coffee Sets Historic Price Record at Online Auction
2Merkato.com · last week · Read the Full Story on 2Merkato.com
AI SUMMARY
A kilogram of specialty coffee from Ethiopia's Guji zone has fetched a record USD 2,376 at an online auction, with all proceeds dedicated to building a health center.
- One kilogram of specialty coffee from Guji sold for USD 2,376, equivalent to about 380,000 Birr, setting a new record for Ethiopian coffee.
- The record-setting coffee was offered by Testi Coffee owner Feysel Abdosh under the name “Feysel Abdosh Signature.”
- The lot was sold via M-Cultivo, an international coffee auction platform operating in the United Kingdom and the United States.
- All proceeds from the auction will be used through the Test Foundation to build a modern health center in Denbi Udo Kebele, Shakiso Woreda, Guji Zone.
- The initiative aims to support and recognize coffee-growing communities in Guji for maintaining the quality and reputation of the coffee.
Related
Ethiopia’s Formal Seed System Falls Short, Supplying Under 20 Percent Of Demand
The Reporter · 11 hours ago
Ethiopia Targets 192,000 Hectares in Nationwide Avocado Expansion Drive
Ethiopia Today · 7 days ago
Keeping The Water Flowing: Ethiopia’s Farmers Turn To Solar
The Reporter · last week
Ethiopia’s Date Import Bill Shrinks by Over 90% as Afar Prepares to Host UAE-Backed Festival
Ethiopian Business Review · last week