The ministry of finance and UNIDO have inked a $28 million deal to bolster Ethiopia's textile and garments industry. State minister of finance Semereta Sewasew and UNIDO country representatives Calabro Aurelia Patrizia signed the agreement recently. The ministry of finance and UNIDO have entered a $28 million agreement to bolster Ethiopia's textile and garments industry. The project will champion a circular economy in textiles by introducing resource-efficient technologies, as outlined by the finance ministry. The organisation has prioritised support for the textile, leather, and agro processing manufacturing sectors, aligning with Ethiopia's industrial goals.

Source: Ethiopian News February 08, 2024 11:48 UTC