The partnership between the country and the United Nations Industrial Development Organization (UNIDO) will bring $28 million into Ethiopia’s textile and apparel sector to fuel growth focused on promoting circularity. Currently, more than 230 large and medium-scale textile production factories operate in the country, along with 11,800 small-scale enterprises, according to UNIDO. According to UNIDO, Ethiopia’s leather industry benefits from having one of the world’s largest livestock populations with 52 million cattle—ranking the country first in Africa and sixth in the world in cattle. The PCP also has plans to set up three additional footwear and leather goods clusters, while also strengthening fashion design and training capabilities of the country’s Leather Industry Development Institute. This new influx of cash will help fund many of those projects, as well as other initiatives to bolster textile and leather production in Ethiopia.

Source: Ethiopian News February 16, 2024 15:38 UTC