AMN Plus-July 16, 2026
The Deputy Commissioners of the Ethiopian Investment Commission (EIC), Dagato Kumbe and Zinabu Yirga, held discussions with top executives of China’s Huichuan Yongyu Supply Chain Management Service Co., Ltd. regarding investment opportunities in Ethiopia’s coffee processing sector.
During the discussion, Deputy Commissioner Dagato Kumbe highlighted that Ethiopia is the birthplace of coffee, noting that the country exported over $3 billion worth of coffee during the 2018 Ethiopian fiscal year. However, he pointed out that the vast majority of coffee exported so far remains unprocessed and lacks value addition.
He emphasized that the company’s decision to invest in a dedicated coffee industrial park is a game-changer that will support Ethiopia’s strategic plan to shift toward exporting high-value, processed coffee products.
On his part, Deputy Commissioner Zinabu Yirga assured the delegation that the Ethiopian Investment Commission will provide all the necessary support and facilitation to ensure the success of the company’s investment in the country.
Wang Shuiyong, Chairman of the Board of Huichuan, shared that his company has been running a coffee processing park in China’s Henan Province since 2019, actively introducing and supplying Ethiopian coffee to the Chinese market. He added that the company now aims to deepen its involvement in Ethiopia’s coffee sector by establishing a specialized coffee industrial park focused on processing.
At the conclusion of the meeting, the Ethiopian Investment Commission and Huichuan Yongyu signed a Memorandum of Understanding (MoU) to translate this investment interest into practical implementation.
The signing ceremony was attended by the Head of the Foreign Affairs Office of China’s Henan Province and the Minister Counselor for Economic and Commercial Affairs at the Chinese Embassy in Ethiopia, according to Ethiopian Investment Commission.
