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Leatherbiz reports that declines in the volume and value of US hide exports have continued into August, the most recent months for which the US Hides, Skins & Leather Association (USHSLA) has made figures available.
The leather industry in Kenya is set to benefit from the construction of a Tannery and Leather Factory at Ewaso Ngiro area in Narok South writes Kevin Bogita of the Kenya News Agency.
Oil remains Nigeria's biggest source of income, but after recovering from its first recession in 25 years, Africa's most populous country is looking to diversify its economy, CNN report.
A report published in Africa Business Pages notes that Africa is fast emerging as one of the future markets for sourcing quality leather and hides for the booming global leather industry. Leather and leather products are among the most widely traded and universally used commodities in the world. Already, the total value of annual trade is estimated at 1.5 times the value of the meat trade; more than five times that of coffee and more than eight times that of rice.
Chairman of India’s Council for Leather Exports (CLE) Aqeel Ahmed, led a 14-member delegation to east African Countries at the end of July, reports international news web site Leatherbiz.