02
Feb
Ethiopia has secured a significant budget of $28 million from the United Nations Industrial Development Organization (UNIDO) aimed at enhancing productivity and modernizing the country's textile industry. The agreement, signed by the Minister of State for Finance, Sumerita Sewasew, and the UNIDO Ethiopia representative, Kalbaro Aurelia Patrizia, marks a pivotal step towards revitalizing Ethiopia's industrial sector. Over the next five years, the Ethiopian Textile Industries Development Institute will spearhead the implementation of the project, as outlined by the Ministry of Finance. The primary objectives of this initiative extend beyond mere industrial advancement. The endeavor seeks to stimulate economic growth within…