Four apparel and textile producers in Ethiopia are to wrap a 10 million US dollar deal with a group of US buyers in the next few weeks according to a senior representative of USAID Compete.
The Ethiopian textile companies involved in the deal are AYKA Addis, Addis Garment, Maa Garment and Kombolcha Textile and Calvin Kline is expected to be one of the US companies involved.
USAID Compete, is a USAID initiative which organizes Origin Africa, a yearly textile and apparel trade show in Africa. The Origin Africa event, which took place in Ethiopia for the first time this year, so 60 exhibitors representing many from the Ethiopian textile sector and about 26 buyers from the US and some from Europe.
The Origin Africa event, held at the Sheraton Addis and the African Union is aimed to promote the continent’s textile sector. It is expected to raise awareness of Africa as a sourcing destination as well as changing perceptions about engaging in business in Africa and targeting the international stakeholders including buyers, designers and business leaders.Source: The Reporter
