Africa Finance Corporation (AFC) signs joint statement with the United Nations Industrial Development Organization (UNIDO) and supports the Cotton Partnership during the World Trade Organization's global review of Aid for Trade trade (WTO)
The partnership will work to establish regional sustainable textile hubs to boost commercial competitiveness and encourage economic development in Africa's cotton sectors. Africa Finance Corporation (AFC) ( www.AfricaFC.org ), the continental leader in infrastructure solutions, has signed a joint declaration with the United Nations Industrial Development Organization (UNIDO) with a view to promote sustainable industrialization, and committed to supporting the Cotton Partnership initiative, which aims to strengthen Africa's role in global textile and clothing value chains. In line with AFC's commitment to supporting Africa's sustainable development, the declarations were signed as part of the global review of Aid for Trade at the World Trade Organization (WTO) headquarters. in Geneva, Switzerland. AFC's work with UNIDO aims to promote sustainable industrialization in developing countries, with both entities working to catalyze private investment in various sectors, w...