Ethiopia: Sesame Market Blossoms in Face of Global Demand

analysis

Today, the sesame market in Ethiopia, one of the major exporters of the seeds in the world, is blooming and the reasons are many. Farmers are celebrating better yields through enhanced inputs such as pesticides and fertilisers. Exporters are reaping the benefits of trading outside ECX's floor and being exempted from credit ceilings set by the National Bank of Ethiopia (NBE) after the devaluation of the Birr by 15pc in October 2017, writes BERHANE HAILEMARIAM, FORTUNE STAFF WRITER.

One of the three million farmers engaged in the cultivation of sesame in Ethiopia is Almaz Yemane, who for over a dozen years has been cultivating sesame in Humera and Benishangul, in the Northern and Western regions of Ethiopia.

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