Ethio Lease hands Over $7 M worth agricultural mechanization equipment to farmers

Ethio Lease, the first foreign-owned leasing company, today handed over 16 combine harvesters to farmers and unions. The agricultural mechanization equipment are delivered to the farmers in line with the government’s strategy and the collaborative Memorandum of Understanding, Ethio Lease signed with the Ministry of Agriculture and the Agricultural Transformation Agency. The agreement came to effect to enable smallholder farmers who will not afford to buy agro-mechanization equipment by themselves.