- The Africa Textile Renaissance Plan aims to create 500,000 jobs
- New industrial parks and training centres will support production and skill development
ARISE Integrated Industrial Platforms (IIP), a leading developer of industrial parks across Africa, has joined forces with the African Export-Import Bank (Afreximbank) and Rieter, a top supplier of yarn production systems, to spearhead a transformative $5 billion initiative for the continent’s cotton industry. The development plan, set to span three to five years, aims to establish a processing capacity of 500,000 metric tons of African cotton, with potential for future expansion, the partners announced in a statement on Wednesday.
This article is free to read.
Sign up for free or sign in to continue reading.
Unlike our competitors, we don't force you to pay to read the news but we do need your email address to make your experience better.
Create your free account or sign in
