Ethiopia Archives - Page 37 Of 37

Farida Group Establishes a Tannery in Ethiopia

The Farida Group based in Chennai, India has launched a tannery in Ethiopia. The tannery is intended to target the export market including to India.

The new tannery commissioned at the end of the last year is expected to have the potential capacity to manufacture an estimated 800,000 sq. ft of leather, said Rafeeque Ahmed, Chairman, Farida Group.

The factory was launched through Farida’s international subsidiary in Singapore. The plant will supply finished leather to the international markets as well as catering to the leather requirements of the Farida group according to Ahmed. The Farida Group is among the largest exporters of footwear and makes leather footwear for leading international brands.

It currently has multiple leather footwear production units and tanneries in Tamil Nadu. The total footwear production capacity is over 22,000 pa…

Ezana Mining Development plc is to build a 17.8 million US dollar gold plant in Tigray Region of Ethiopia. The new mine is expected to contribute to increasing the national revenue from the export of minerals. The mining development awarded the turnkey contract for the project Manhattan Corporation. The South African mining services provider will build a carbon-in-leach (CIL) gold plant in Northern Tigray. Ezana selected the contractor from four international companies who had responded to the tender it put out. According to the agreement signed between Ezana and the contractor its tasks will include design engineering, procurement, shipment, construction, installation, implementation and after-sales skills development. It is to be remembered that the mining development company signed an agreement with the Ethiopian Ministry of Mines earlier this month. The agreement was signed between Sinkenesh Ejigu, Minister for Mines and Ataklit Araya, General Manager of the…