H&M, Swedfund Pilot Sustainable Textile Factory in Ethiopia

H&M has signed a long-term sourcing agreement with a new textile factory in Ethiopia that promises to provide up to 4,000 new jobs. Established by development financier Swedfund…

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H&M, Swedfund to Develop a "Responsible" Ethiopian Textile Industry

Photo by Vytautas Kielaitis/Shutterstock H&M has its eye on Africa. It’s not the only one, either. Swedfund, a state-owned risk-capital firm that specializes in emerging…

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