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Ethiopia to Import 300,000 Tons of Wheat to Build Reserves

Aug. 25 (Bloomberg) — Ethiopia will import 300,000 metric tons of wheat for reserves and to assure food supply amid drought, Prime Minister Meles Zenawi said.

The milling wheat, a variety used to make bread, has already been bought and will now be shipped, Berhane Hailu, the manager of the state-owned Ethiopian Grain Trade Enterprise said in an in interview from Addis Ababa.

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The prime minister was speaking in Addis Ababa, the capital, at the opening of an African Union fund raising conference for the food crisis in the Horn of Africa in the city. The worst drought in 60 years in the region has left 12.5 million people, including 4.57 million in Ethiopia, in need of assistance, the United Nations says. There is a funding shortage of $1.4 billion for aid, the African Union said yesterday.

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