Ethiopia and South Korea have jointly unveiled a state-of-the-art textile research center in Addis Ababa, named the Ethiopian-Korean Textile Techno Park. Situated within the Bole Lemi Industry Zone, this innovation hub will offer advanced training and laboratory services, ushering in new prospects for the textile sector in the region, as reported by Ethiopian state-controlled media.

The African Development Bank (AfDB) has launched the African Textile and Apparel Program (ATAP), a $100 million initiative to fortify the African textile and apparel sector. ATAP will furnish companies in this industry with essential resources and support for growth.