2merkato

SoleRebels, an Ethiopian Foot wear company, has been selected as finalist in the 2011 Africa Awards of Entrepreneurship.    

SoleRebels are artists that desire to craft stylish and comfortable footwear according to Bethlehem Tilahun founder and managing director of the company.

“We do this by combining  our heritage artisan crafts with modern design sensibilities , while  pouring  our creative selves  into our shoes.  The final result is  that  when our footwear is bought ,  the purchaser can SEE , FEEL and enjoy all the  elements of heart, soul and creative craftsmanship that have gone into their construction. We are deeply proud that that this ethos has carried us to the finals of this amazing competition.” stated  Bethlehem

Ethiopia obtained 753 Million US dollars in revenue from exports in the first quarter of the current fiscal year. This is a 33% increase on revenue from last year.

The revenue was raised from the export of 275,611 tonnes of produce sent to an estimated 94 countries. A significant percentage of the export revenue, 84 million US dollars, was earned from German exports.

Representatives from four Swedish companies are scheduled to visit Ethiopian textile factories. The delegation will visit the factories in Addis Ababa and Tigray for three days starting from the 2nd of November.

The representatives will visit the Ethiopian factories with a view towards finding textile suppliers and to purchase cotton garments according to Madeline Rosberg Chief Executive of Responsify AB, in charge of organizing the Swedish trade trip.

CLC Industries Plc will harvest cotton from the first 2,500 hectares in Ethiopia next month. The Indian company will use the cotton as raw material for the textile spinning plant it is establishing in Kombolcha.

The construction of the textile company at an investment of 70 million dollars will begin this month according to Markos Terfa company liaison officer.