News

New tannery to open in Ethiopia with Chinese funding

02/11/2010

A Chinese tanning group, the Xinxiang Kuroda Mingliang Leather Compay, has announced that it will open a new tannery in Ethiopia on November 24. The project has meant an investment of more than $65 million, with Xinxiang providing around $35 million of the capital and the rest coming from a special China-Africa Development Fund. China’s...

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