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Partnership to revitalize the African textile sector

Rieter Holding Ltd, Arise IIP, the operator and developer of industrial parks in Africa, and the African Export-Import Bank (Afreximbank) will drive forward the “Africa Textile Renaissance Plan”, an initiative to revitalize the textile sector in Africa, as part of their partnership.

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On October 14, 2024, Afreximbank, Cairo/Egypt, Arise IIP and Rieter Holding AG, Winterthur/Switzerland, signed a framework agreement to enable the implementation of the “Africa Textile Renaissance Plan”.

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