Trading

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.

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Ethiopia Earned USD 89.75 Million from Leather Export

Ethiopia has earned USD 89.75 million in revenue from leather export during the current Ethiopian Fiscal Year, according to Leather Industry Development Institute (LIDI).

LIDI Corporate Communication Director, Berhanu Serjebo, told WIC that about USD 74.65 million of the total from the total revenue was secured from finished leather products. Add a comment Add a comment

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Ethiopia Earned over USD 2.2 Bln from Export Trade

Ethiopia earned over 2.2 billion USD from export of different products during the last nine months, the Ministry of Trade said. Public relation and communication affairs office head with the Ministry, Amakele Yimam told Ethiopian News Agency that the amount was secured from export of 9.63 million tons of different products to 126 countries. Amakele said the amount exceeded by 59.83 million USD that of same period last year. Add a comment Add a comment

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ECX to Sell Full Membership Seats to Farmers Cooperatives

The Ethiopian Commodity Exchange (ECX) is to sell full membership seats for farmers cooperatives. Earlier this year, the exchange has announced that it will provide 30 full membership seats for farmer cooperatives to facilitate their direct involvement in the exchange.

The sell will double farmers cooperative's membership in the exchange. Currently, the majority of full membership seats are controlled by private companies. Add a comment Add a comment

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S. African Investors Discussed Opportunities with Ethiopian Chamber of Commerce

South African investors on Thursday discussed with counterparts from Ethiopian Chamber of Commerce and Sectoral Associations on ways of working together.

Speaking on the occasion, Laurence Saville, president of Johannesburg Chamber of Commerce, said cooperation between the two chambers is vital to strengthening trade ties between the two nations. Add a comment Add a comment

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