Experts at the 9th Cotton made in Africa (CmiA) and the COMPACI Stakeholder Conference in the Ethiopian capital Addis Ababa have pushed for the host nation to the develop the entire textile value chain instead of just exporting cotton, according to a press release by Aid by Trade Foundation. The CmiA is an initiative of the Aid by Trade Foundation.
Earlier this year, Ethiopia became a member of the CmiA group of countries. According to American multinational management consulting firm McKinsey, is a textile production location with a high potential for growth.
Tadesse Haile, Ethiopia’s State Minister for Industry who inaugurated the conference, hailed the impressive collaboration of Cotton made in Africa and COMPACI with thousands of smallholder cotton farmers throughout Africa who are creating an indispensable foundation for the development of the growing cotton industry.
Credit; fashionghana.com
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