June 26 , 2021
The Ministry of Trade & Industry and the Mastercard Foundation have signed an agreement to enhance the competitiveness and growth of Ethiopia's leather industry by establishing a platform for job creation and supporting existing small and medium enterprises. The initiative, being carried out through the Foundation's BRIDGES programme, will focus on employment linkage, enterprise development, competitiveness, and access to finance. The programme will also look to support small and medium enterprises supplying schools with leather bags and shoes, with an emphasis on encouraging women to join the workforce. Around 1,000 small and medium enterprises are currently engaged in the leather industry, with most producing goods for the local market. The project aims to create employment opportunities for 1,000 people during the first round of implementation.
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