Textile factories have flourished in Ethiopia lately, with a population of 100 million, and 65% under 20 providing labor at 20% of Chinese costs. The Ethiopian government is boosting investment, with 60% of State budget allocated to infrastructure. Tax exemption and cheap land for foreign direct investors is linked to a dynamic local economy. After an G.D.P. growth of 8% in 2017, it is expected to grow by 8.2% during 2018. Within this, a new retail segment is gaining traction: organic cotton.
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