DireTube News - Ethiopia Clothes Maker Upgrades Factory to Boost Sales
Ethiopia’s Almeda Textiles, a clothes manufacturer, plans to increase revenue by 50 percent to $30 million a year by 2018 by upgrading factory equipment and training staff.
The company will invest in its only plant near the city of Adwa, in Ethiopia’s northern Tigray region, Almeda’s General Manager Libelo Gebreselassie said in an interview on Monday. He declined to say how much will be spent. The company, which began operations in 1998, could boost supply of t-shirts if productivity improves, he said.
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