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The Addis Ababa Chamber of Commerce and Sectoral Association held its 18th annual international trade fair. This year 188 companies participated, 122 of which were foreign and represented 18 countries. Turkish companies acquired the largest area, according to Gashaw Abate, director of trade and investment of AACSA.
The participating businesses were from the governmental, non- governmental and private sectors. The Commercial Bank of Ethiopia, Ethiopian Standards Agency, and Ethiopian Insurance Corporation were prominent among those attending. The Ethiopian Red Cross Society was one of the NGOs at the event. “Establishments specializing in manufacturing, trading services and inputs, consumer goods, and consultancy are here,” Gashaw explained. “There is no purchasing going on of course unless it is on the industrial level. This is just a business to business event.”
Africa was represented by organizations from Egypt, Kenya, Djibouti and North Sudan. There were eight businesses from Kenya looking to acquire Ethiopian partners to purchase and distribute their products to the Ethiopian public. One of them was Navida Natural Foods which specializes in producing Virgin Coconut Oil. Three Djiboutian companies also participated in the event.