News

Ethiopian shoe manufacturer acquires tannery

27/08/2019

Ethiopian footwear manufacturer Anbessa has emerged as the successful bidder in an auction to acquire a tannery in Bahir Dar, around 500 kilometres north of Addis Ababa. The former Habesha tannery operated from 2011 until April 2019, making crust for export markets. When it ceased production, banks moved in and arranged the auction to recoup some ...

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