Unilever, IKEA to open stores in Ethiopia

Addis Ababa, Ethiopia - Unilever a multi-national consumer goods company and IKEA the world’s largest furniture retailer are going to open stores in Ethiopia, Capital learned from sources.

Unilever that is headquartered in London, England is said to be the world’s second largest consumer goods company measured by revenue with its products available in 190 countries worldwide.

According to a spokesperson Capital interviewed, Unilever Manufacturing PLC was incorporated in Ethiopia as of this January.

“ This is the starting point in our journey to invest in the manufacturing of consumer goods and establish a genuinely inclusive and sustainable business model by supporting the development of Ethiopian trading and distribution networks while building up local suppliers and training Ethiopian staff to world class standards,” the spokesperson told Capital.

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