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Ethiopia's GEM cluster members get 1.9 mn birr assistance

21
Sep '20
Pic: Shutterstock
Pic: Shutterstock
Eleven members of Ethiopia’s Greening Ethiopian Manufacturing (GEM) Project cluster recently received an assistance of 1.9 million birr to improve performance and attain their sustainable consumption and production related goals. The beneficiaries are micro, small and medium enterprises (MSMEs) operating in the project target sectors of textile, leather and handcrafts, according to project coordinator Heyeru Hussien.

The financial support to the enterprises was extended by Ethiopian Chamber of Commerce and Sectoral Association (ECCSA), PRECISE Consult International, and Innovative Organizations (INOA).

Specifically, the support enables model cluster member enterprises to implement and demonstrate innovative and new sustainable consumption and production practices, and to increase the likelihood of replicating more MSMEs, the coordinator pointed out.

ECCSA secretary general Yesuf Ademnur said the financial support would create job opportunities for the youth by encouraging and scaling up the capacity of the enterprises, according to a report by an Ethiopian media outlet.

GEM Project is funded by the European Union under the Switch Africa Green Initiative that aims to support more than 100 MSMEs adopting sustainable consumption and production practices and seizing green growth opportunities, thus contributing to improved economic performance of private sector and to the enhancement of their international competitiveness.

Fibre2Fashion News Desk (DS)


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