This post summarizes the findings of the 2021 SITA report, Going for Green, aimed at instituting sustainable value chains in the East African leather and textile sectors. The 16 actionable recommendations can help policymakers address environmental compliance in these key sectors in a comprehensive manner.
SITA identified the potential of Ethiopia’s existing skills and long tradition of handloom weaving to fill the gap in the domestic textile value chain.
The knock-on effects are profound: the weavers are getting better livelihoods, and the subsector will create new meaningful employment opportunities to women and youth in rural areas.
This post discusses SITA's guide to address the financing gap, providing MSMEs in East Africa with key information on available funding sources. These include debt and equity funding from private equity funds, local and international development finance institutions, debt and mezzanine financiers, refundable and non-refundable grants, and crowdfunding platforms.