Leather Companies Join Faltering Brand

Sep 4 , 2021


[ssba-buttons]

New Wing Addis Shoe Factory Plc and Pittards Ethiopia have received certificates to begin the manufacture and export of a range of leather products, including bags, shoes, and jackets, under the struggling Ethiopian Highland Leather (EHL) brand. The brand, owned by the Leather Industries Association, has failed to garner any export revenues since its conception in 2015. The Association spent over three years under development with technical and financial support from the Japan International Cooperation Agency (JICA) before the first certificates were granted to Davimpex Bahir Dar Tannery Plc and Ethio-Leather Industries Plc in 2019. Exports of leather goods generated 39 million dollars last year, only 39pc of the targeted amount.


Radar

Milkii App Disburses 25 Million Br in Collateral-Free Loans in Two Months

Oromia Bank's new collateral-free digital lending app, Milkii, has disbursed 25 million Br in loans without requiring collateral. Of this, 16 million Br has already been repaid, generating 1.4 million Br in revenue within just two months. Developed in partnership with Quantum Technology PLC, the app plans to make lending more accessible and inclusive, aligning with Oromia Bank's contribution to the Digital Ethiopia initiative. According to a press release, Milkii promotes financial inclusi...


Radar

Ethiopia Partners with UK to Ease Shipping Bottlenecks

The Ethiopian Freight Forwarders & Shipping Agents Association (EFFSAA) and the British International Freight Association (BIFA) signed a memorandum of understanding (MoU) on May 27, 2025, at Hilton Hotel Addis Abeba, to address skills gaps, customs delays, and corridor inefficiencies in the freight and logistics sector. The partnership focuses on technical cooperation, training, and regulatory reform. With over 90pc of trade dependent on the Djibouti corridor, rising congestion, customs...


Radar

Education Authority Sanctions Mishqen College for Rule Violations

The Education & Training Authority has issued a decisive directive last week, mandating legal action against Mishqen College for persistently defying regulatory orders and unlawfully continuing to offer higher education services. Mishqen College had previously been licensed to conduct undergraduate distance learning programs across multiple regions from 2019 to 2022. However, after serious regulatory breaches, the institution was ordered to cease all instruction, complete pending academic...