Search Results for: Ethiopia

The Biden administration’s September 6 (2024) decision to renew the suspension of Ethiopia from membership of the African Growth and Opportunity Act (AGOA), which once granted the Horn of Africa duty-free access to the USA, is forcing Africa’s second most populous country to look east for alternative textile and clothing investment and export sales.…

As intensifying international trade frictions highlight the need for Chinese textile companies to spread their risk by investing in production capacity within diverse global markets, Chinese textile companies are indeed expanding their global footprint. That includes downstream as well as upstream segments.…

Modern technologies are paving the way for rapid advances in textile sector process efficiencies, where innovative solutions are cutting the amount of time, energy, labour and materials that typically go into garment production.

While many new systems are being rapidly adopted by an industry eager to reduce friction and boost margins, some of the most revolutionary solutions are still on the cusp of being widely adopted.…

The CEO of an expanding Ethiopian sportswear company has told WTiN how it has combined tech investments with a creative commercial strategy to become a pan-African company that provides quality and affordable sportswear to African consumers.

Samuel Mekonnen, also the co-founder of Gofere, which was launched in 2016, has succeeded in tapping a growing regional market that used to be dominated by cheap, sub-standard products bought mainly from China.…

China still enjoys its dominance in the global garment supply chain, despite the “friendshoring” and “nearshoring” strategies used by western companies leveraging the geopolitical tension between China and the West in recent years.

A key reason is China’s longstanding track-record as a reliable clothing and textile supplier to global markets: “China is one of our top five largest sourcing markets.…

Ethiopia government and analysists are both pessimistic that the US government will soon reinstate the Horn of Africa country into the African Growth and Opportunity Act (AGOA). America suspended Ethiopia from the free trade act in late December 2021, because of the ongoing civil war with the rebel Tigray People’s Liberation Front (TPLF).…

Implementing international sanctions is never easy, but the sanctions regime on Iran is highly complex, buffeted by shifting diplomatic stances. With its Security Council ally Russia relying on Iranian military and technology supplies for it to pursue its invasion of Ukraine, time-limited UN restrictions on Iran’s nuclear programme officially lapsed on October 18.…

The Great Lakes region in cenztral and eastern Africa is exceedingly resource rich, and being beset by instability and conflict, it is highly attractive for illicit trade and financial crime fuelling money laundering. A new European Union (EU) Great Lakes Strategy is trying to promote the rule of law in the region – notably Rwanda, Burundi, Uganda and the eastern provinces of the Democratic Republic of Congo (DRC) – but faces major challenges.…

Ethiopia’s Amhara region is engulfed in widespread conflict and with a state of emergency declared by the federal government on August 4 continuing, putting the status of thousands of students is in jeopardy as the unending strife threatens to disrupt the upcoming academic year.…

THE EUROPEAN and global fashion and textile industry is witnessing rapid technological advancements, requiring garment workers with specialised skillsets, notably digital, to meet evolving demands. Indeed, the November 2022 State of Fashion 2023 report (1) from strategy consultants McKinsey & Co made clear that after 18 months of robust growth (early 2021 until mid-2022) post Covid-19, the fashion industry is facing challenges, including inflation, the energy crisis and rising material prices, that increases its demand for skilled labour.…