Cooperatives
A new draft law in Ethiopia allows non-member investors to acquire up to 10% of a cooperative's shares, entitling them to dividends but barring them from voting or leadership roles. The Ethiopian Cooperative Commission, overseeing over 89,000 primary cooperatives, views this as a way to attract fresh capital while safeguarding core governance. This change marks a shift for cooperatives traditionally reliant on member funding.
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Cooperatives Minister Ferry Juliantono has invited the China Council for the Promotion of International Trade (CCPIT) to become a strategic partner in providing agricultural production equipment for Indonesian farmers. The meeting took place in Jakarta with CCPIT representatives and village cooperative leaders. This collaboration is expected to strengthen the Kopdes Merah Putih ecosystem and boost food production.