FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




Fashion Week Commences in Addis

Nov 9 , 2019


[ssba-buttons]

The All African Leather Fair and African Sourcing Fashion Week opens at Millennium Hall on November 9, 2019. Two workshops with themes “Tanneries improving competitiveness through environmental compliance, technology transfer and establishing strategic linkage” and “Ethiopia’s position in Africa’s Leather industry” will be held with the participation of development partners, investors and key stakeholders in the leather sector. Over 500 exhibitors from 35 countries and more than 10,000 traders, investors and fashion brands from over 45 countries are participating in the event that will remain open until November 17, 2019. At the opening ceremony, it will be announced that the United Nations Industrial Development Organization has launched a project dubbed "Leather Initiative for Sustainable Employment Creation." Funded by the EU, the project will be implemented in partnership with the Ethiopian Ministry of Trade & Industry. The launching of the project will be attended by high-level government officials, ambassadors and invited guests from development partners.


Radar

Freight Forwarders Earn FIATA Diplomas as Sector Eyes Global Stage

The Ethiopian Freight Forwarders & Shipping Agents Association (EFFSAA) has graduated a new cohort of professionals from the internationally recognised FIATA Diploma Programme, bolstering efforts to strengthen Ethiopia's logistics and freight forwarding sector. EFFSAA President Dawit Wubshet (PhD) said the association has trained more than 495 professionals since launching the programme. He noted that EFFSAA is working with international partners to expand digital learning and introduce o...


Radar

Parliament Backs Italian, French Loans for Reform, Infrastruc-ture

Parliament has ratified two loan agreements worth a combined 124.6 million euros with the governments of Italy and France, approving both proclamations unanimously during its second emergency session of the fifth parliamentary term. The larger agreement secures a 70 million euro loan from Italy to provide direct budget support for the government's economic reform agenda. The concessional financing carries a 30-year repayment period, including a 16-year grace period, with no interest or servic...


Radar

Ethio Re Seeks Capital Reset for Regional Expansion

Ethiopian Re-insurance Share Company (Ethio Re) is seeking a strategic capital adjustment to support its next growth phase as it marks a decade of operations. CEO Netsanet Lemessa said the company's capital has quadrupled over the past ten years but has declined in foreign currency value. Established in 2016 as the country's first indigenous reinsurer, Ethio Re has retained more than 90 million dollars in foreign exchange for the economy. Its assets have grown from 82 million Br to 5.3 billio...