Oriental Weavers to raise Africa exports to USD50mn
Oriental Weavers (ORWE.CA) is targeting to increase its exports to African markets to reach USD50mn compared to USD12mn in 2015. Sources added that Oriental Weavers is in negotiations with the Egyptian-Lebanese Company to showcase and market their products in more than 15 African countries. (Al Mal) Oriental Weavers: EGP6.27 as of 7 June 2016, Rating: Buy, FV: EGP10.30 per share, MCap: USD318 million, ORWE EY / ORWE.CA
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