Ethdan Resources Import and Export Plc is a dedicated subsidiary of

Promising Group, established in Ethiopia in 2024 to enhance the Group’s

strategic presence in East Africa. Ethdan serves as a vital conduit for import

and export operations, with a particular emphasis on essential commodities

that support both local industries and regional trade integration.

As part of Promising Group’s global network, Ethdan embodies the Group’s

longstanding commitment to reliability, sustainability, and economic

development. Through Ethdan, Promising Group reinforces its role in

facilitating robust trade flows and contributing to Ethiopia’s industrial growth

and an integrated import and export trade.

Promising Group is a diversified global enterprise with over 30 years of

experience in commodity trading, manufacturing, and integrated supply chain

management. The Group has earned a reputation for dependability by

supplying a wide range of agro and non-agro commodities to industries across

the globe. Its expertise extends beyond trading to include logistics solutions

and the structuring of customized financial instruments tailored to partner

needs.

In manufacturing, Promising Group has established a strong footprint in the

production of essential goods such as edible oils, wheat flour, animal feed, and

cement. The Group is also actively involved in agricultural farming, reflecting

its commitment to sustainable development and food security. It also plans to

expand it successful experiences to Ethiopia starting with introducing an

innovative Trade finance model which integrates the import and export trade

in partnership with commercial banks, local buyers and multimodal logistics

and transport companies.

With strategically located offices across Africa, the Middle East, Asia, and

Europe, Promising Group maintains proximity to key markets while remaining

agile in responding to evolving industry demands. Ethdan’s establishment in

Ethiopia marks a significant step in expanding this global reach, positioning

the Group to better serve the East African region through localized expertise

and impactful partnerships.