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AfCFTA Unleashes market opportunities for Ethiopia’s leather industry

AfCFTA Unleashes market opportunities for Ethiopia’s leather industry

The African Continental Free Trade Area (AfCFTA) provides huge market to Ethiopia’s leather industry considering the country’s enormous potential in the sector, according to the United Nations Economic Commission of Africa (UNECA).

ECA’s African Trade Policy Centre (ATPC), the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA), and the Ethiopian Leather Industries Association (ELIA) co-organized the first workshop on “the Ethiopian Leather Industry and the African Continental Free Trade Area (AfCFTA): Opportunities and Challenges” in Addis Ababa.

The workshop aimed to bring all stakeholders together to discuss the opportunities the AfCFTA presents to the Ethiopian leather industry, appreciate the challenges facing it, and offer a platform for resolving the challenges.

It also explored options on how best to position the Ethiopian leather industry to take advantage of the AfCFTA. Ethiopia is home to the largest livestock population in Africa that guarantees plentiful supply of raw materials for its leather industry, according to ECA.

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