Apr 26, 2024 (MarketLine via COMTEX) --
President of the Republic of Kenya William Samoei Ruto shared that the East African country has entered into an $11m partnership deal with the United States Agency for International Development (USAID) to boost textile and apparels sub-sector to a new level.
Kenya's President Samoei Ruto anounced that the country's strategic interventions in the textile and apparels sub-sector have provided Kenya with a competitive advantage, attracting investors and growing the manufacturing base.
This, he believes, has not only led to increased exports, but also expanded job opportunities for factory workers and over 40,000 cotton farmers.
According to USAID Kenya, the country has the largest, most diversified economy and the second largest population in East Africa. It stated: "Kenya also has a young, ambitious, and well-educated workforce eager to contribute to the development of the country."
The $11m partnership between Kenya and the US is aimed at bolstering the textile and apparel sector of the East African country.
US Ambassador to Kenya Meg Whitman, took to X (formerly Twitter) and shared a comment on the Kenya-US partnership: "Investments by USAID Kenya are creating quality jobs for Kenyans and increasing exports to the US."
https://twitter.com/USAIDKenya/status/1782770973252452355Credit: USAID on X (formerly Twitter)
In 2023, USAID awarded a two-year $2m grant to North Carolina State UniversityaEUR(TM)s Wilson College of Textiles for training around 1,500 Hondurans in yarn spinning, knitting, dyeing and finishing, and apparel production.
USAID, through Hilando Oportunidades (spinning opportunities), was transforming the lives of HondurasaEUR(TM) youth by providing skills and training for careers in the textile industry.
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COMTEX_451482261/2227/2024-04-26T18:50:34
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