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Ethiopia gets US$1.2m boost to accelerate economic growth

2018-11-21 13:15:00| Daily apparel & textile news and comment - from just-style.com

Ethiopia is to receive a US$1.2bn boost from the World Bank's International Development Association (IDA) to help accelerate the country's economic growth and achieve its vision of becoming a lower-middle-income country - a move expected to attract more foreign investment and raise export revenues.

Tags: growth economic boost ethiopia

 

Calzedonia opens US$15m plant in Ethiopia

2018-10-23 13:30:00| Daily apparel & textile news and comment - from just-style.com

Italian hosiery manufacturer Calzedonia has officially opened its ITACA Textile factory at the Mekelle Industrial Park in Ethiopia.

Tags: plant opens ethiopia plant opens

 
 

Ethiopia plans three more industrial parks to grow apparel production

2018-10-10 14:02:00| Daily apparel & textile news and comment - from just-style.com

Another three parks dedicated to textile and garment production are to be opened in Ethiopia, according to press reports.

Tags: production plans industrial apparel

 

Chinese textile firms step up Ethiopia sourcing

2018-09-24 13:54:00| Daily apparel & textile news and comment - from just-style.com

Major Chinese textile firms are stepping up sourcing and investment plans in Ethiopia as increasing trade tensions between the US and Beijing create an incentive for the East Asian country to look at alternative sourcing destinations.

Tags: step chinese firms ethiopia

 

PVH wins award for sustainable operations in Ethiopia

2018-09-13 15:50:00| Daily apparel & textile news and comment - from just-style.com

Apparel giant PVH Corp has received an Award for Corporate Excellence (ACE) from the US Secretary of State in recognition of its role as lead investor in the apparel manufacturing facility at Hawassa in Ethiopia.

Tags: operations award wins sustainable

 

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