Business

Swedfund to Pilot Textile Factory in Ethiopia

Courtesy: Swedfund Swedish govt-owned development financier Swedfund and the Bangladeshi conglomerate DBL Group will establish a textile factory in Mekelle, Ethiopia, which will provide job opportunities for 4,000 people.

Swedish clothing major H&M will be a long time buyer and support with expert knowledge in sustainable textile production, Swedfund said […]

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