About Ethio-Leather Industry PLC (ELICO)

 

       

     Ethiopia is one of the countries with      the largest livestock number in Africa.      According to government figures at          present, total livestock number of            Ethiopia stands at 23 million goats,          25  million sheep and 41 million head      of cattle. As the Ethiopian government      has long taken an active interest in          the  leather industry, the livestock            number is on the increase, as specific      support to farmers is provided to help      them secure enough supplies of feed        and water to run large herds.In areas      with plenty of rain, farmers are                concentrating on food crops, but in          drier areas, distribution of water and        feed is improving and livestock                farmers  are taking advantage. 

 

 

 

          

In 1997, Sheikh Mohammed H. Al Amoudi, a frontline private investor in the country and determined to improve the living standard of the people of Ethiopia, in his unfaltering commitment to invest in strategic projects, added Ethio Leather Industry  Plc (ELICO) to the list of his Group of Investment Companies in Ethiopia.  


             Ethio-Leather Industry Plc (ELICO) was established in August 1997 with a total registered capital of  Birr 51,705,000 

      (USD 7,673,640).  The Company’s current total capital is Birr 239,082,417.  It is the only leather industry to produce     

      finished   sheepskin and goat skin leather in Ethiopia and has provided about 1,300 employment opportunities, 40% of 

     whom are women including 74 degree graduates and 272 semi professionals.  The Company has a capacity of producing

         around 25 square feet of leather on average from each bovine hide manufacturing unit, 4.5 square-feet from sheepskins

and about five square-feet from goat.