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Monday, 01 May 2023 16:34

Prosper Africa and USAID support co-investments between US and Kenyan clothing firms, including MAS Intimates

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Kenya and the United States have agreed on six new co-investments totaling $55 million in the clothing industry, as part of an ongoing effort to enhance economic ties between the two countries. The program is supported by Prosper Africa and the US Agency for International Development (USAID). The recent agreements show how committed the US is to enhancing its economic ties with Kenya.

The co-investments with American and Kenyan clothing firms are set to generate more employment in both Kenya and the US by making it easier to conduct business together. The US government, through the federal program called Prosper Africa, is linking US and African companies with fresh customers, suppliers, and investment prospects.

As part of the new agreements, the clothing company MAS Intimates will educate Kenyan workers and generate jobs in the formal sector to enhance the production of high-quality clothing created in Kenya. United Garment Liquidators (UAL), a discount clothing company, will boost garment exports to the US market by constructing a one-stop shop in Kenya that synchronizes all phases of the production process from "Farm to Fashion." Mega Sports Apparel will increase its production capacity by incorporating new production lines.

The purchase of machinery by Kenya's Coast Apparel will help improve production and export capability, resulting in additional jobs for women and young people. Best Lifestyle, situated in Athi River, will increase its production in Kenya and hire and train additional workers. The US-based packaging company Nexgen Packaging will build a facility in Kenya to produce tags and labels for clothing and footwear that will be sold both inside and outside of Africa.

A trade mission to America, which includes a roadshow in New York, aims to attract more US investment in Kenya.