Ethiopia landmark fund protects garment industry jobs - News Summed Up

Ethiopia landmark fund protects garment industry jobs


Ethiopia’s textile and garment industry is a leading provider of jobs in the country’s manufacturing sectorThe UK and Germany have set up a landmark US$6.5m fund aimed at saving thousands of jobs in Ethiopia's textile and garment industry while helping to support the country's economic recovery from the Covid-19 pandemic. Ethiopia's textile and garment industry is a leading provider of jobs in the country's manufacturing sector. The country's Jobs Creation Commission estimates that between 1.4m to 2.5m jobs could go over the next three months. The fund aims to protect jobs, enable textile factories to keep running, and support factories to build back better. Continuing the international collaboration at the heart of the fund, UK Aid-funded FSD Africa will implement the project in partnership with Ethiopian consulting firm First Consult.


Source: Ethiopian News November 03, 2020 14:48 UTC



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