Search this blog


Home About Contact

Ethiopia Commodity Exchange, In Its Battle on Hunger - Wall Street Journal  

2/29/08

MOJO, Ethiopia -- This country has some of Africa's most fertile land, with fields of wheat and corn stretching to the horizon. Yet a few years ago, 14 million Ethiopians stood at the brink of starvation, saved only by vast international aid.

Now Ethiopia has hopes of breaking its deadly cycle of famine. Not with a Green Revolution, but with a market revolution.

The means is the Ethiopia Commodity Exchange, which is expected to open next month in the capital, Addis Ababa. The dawn of modern trading here comes 160 years after the Chicago Board of Trade transformed American agriculture ...

Email this post