In The News Reviving 'White Gold' Is Key to Kenya's Economic Growth

摘要

Kenya is taking steps to revive its lagging cotton industry, which was once vibrant and employed thousands of people, generating millions of dollars in revenue. In the 1970s and 1980s, Kenya's textile industry was also thriving and served as a driverof the national economy. It was, at the time, Kenya's fifth-largest foreign exchange earner and accounted for more than 24 percent of GDP. Textiles also contributed more than half of the country's export earnings and directly employed more than 250,000 people across the nation.