All Africa Leather Fair to be Held in Addis This Week

The 13th All Africa Leather Fair will be held at the Millennium Hall in Addis Ababa from April 20 to 22, 2023, according to Ethiopian Leather Industries Association (ELIA).

Speaking to journalists today, Association Secretary-General Solomon Getu said the “All Africa Leather Fair is an important trade show that links Africa to the rest of the world.”

The leather fair is Africa’s largest leather and leather products show that brings together leather sector actors, leather and leather products exhibitors, sellers, and buyers, he added.

According to him, over 200 exhibitors, including tanners, footwear and leather goods manufacturers, leather garment producers, machinery and input suppliers, knowledge and technology institutions, logistics providers, and financial institutions, are expected to take part in the trade show.

Ethiopian Leather Industries Association (ELIA) President, Redwan Bedada said on his part some 15,000 local and 2,000 foreign individuals are expected to visit the leather trade show.

The event will play a great role in re-igniting the leather industry and reversing the downturn of the leather sector in the aftermath of COVID-19 impacts and international market system failure, he added.

According to him, Ethiopia has initiated the “Let Ethiopia Produce” campaign to recover the production and productivity of the manufacturing industry in the leather supply chain by enhancing export trade in school shoe, bag, and belt scheme.

Although the Ethiopian leather sector is characterized by abundant raw materials, a large trainable workforce, and low utility prices, the sector faces a number of challenges, including poor production, handling, and marketing regulations, the president noted.

Redwan pointed out that lack of availability of modern tools and equipment that can enhance the quality and efficiency of raw hide and skin production and handling are among the biggest problems of the sector.

Outdated approaches to animal welfare, waste management, and by-product utilization are also among the challenges faced by the sector, it was learned.

The president stated that the fair will enable industry actors to exchange ideas, technology, innovation and know-how.

Source: Ethiopian News Agency

Ethiopia, Hungary Agree to Boost Trade

Ethiopia and Hungary have agreed to strengthen their trade relations, according to Ministry of Trade and Regional Integration.

Trade and Regional Integration Minister, Gebremeskel Chala, and Hungary Foreign Affairs and Trade Minister, Péter Szijjártóheld, held discussion this afternoon.

Trade and Regional Integration Minister, Gebremeskel said on the occassion that Ethiopia will use its vast potential in the agricultural sector by increasing the quality and quantity of the products it exports to Hungary, and by creating suitable conditions to facilitate bilateral trade.

He also expressed his country’s commitment to further strengthen trade relations between Ethiopia and Hungary and narrow the gap in trade balance.

Foreign Affairs and Trade Minister Szijjártó, who is in Ethiopia for an official working visit, stated on his part that Hungary will work to improve trade relations between the two countries by importing agricultural products from Ethiopia.

The minister explained that his country is committed to increasing the trade relations and economic benefits of the two countries by engaging Hungarian investors and companies in the spheres of agriculture, water, green energy, software development, and best seed development in Ethiopia.

Source: Ethiopian News Agency