TESCO Negotiating with Ethiopian Footwear Companies to Import Shoes

TESCO PLC, a British multinational grocery and general merchandise retailer, is negotiating to import footwear from four Ethiopian leather factories, according to the Ethiopian Leather Industry Development Institute (LIDI).

Tikur Abay, Peacock, Anbessa and Ramsey are the four factories that the company is negotiating with to export their footwear products, LIDI Corporate Communication Director, Berhanu Serjebo, told Walta Information Center.

 

According to Berhanu, TESCO’s efforts to export Ethiopia’s footwear would help attain the target set to earn from the sector in the Growth and Transformation Plan (GTP).

Source: Walta Information Center

 

 

Exchange Rates

Selling
Buying
USD 32.6672  32.0267 
GBP 40.8215  40.0211 
EUR 36.0058  35.2998 
CHF 32.1654  31.5347 
CAD 22.4241  21.9844 
AED 8.0479  7.8901