
Kenya: Apparel company Hela receives $14 million cash injection …
Feb 27, 2023 · Kenyan-based apparel company Hela Apparel Holdings PLC has received US$14 million (KSh 1.7 billion) from Norfund to strengthen the development of its manufacturing …
Norfund To Support the Development of Hela Apparel Holdings’ …
Hela Kenya, established in 2016, is the largest manufacturing facility within the Hela Group and employs over 4,000 people. The facility is also one of the largest of its kind in Kenya, and currently produces approximately 20% of the country’s total apparel exports.
Kenya: How this clothing factory shifted strategy during the …
Mar 2, 2022 · The story of producing personal protective equipment (PPE) in Kenya is about turning a crisis into an opportunity. Hela Clothing, one of the largest apparel manufacturers in Kenya, rode out the pandemic in part by shifting a portion of its garment production to PPE.
Hela Kenya Receives 1.8Billion In Funding From Norfund
Feb 27, 2023 · Hela Apparel has received funding in billion Shillings from Norfund, the Norwegian government’s investment fund. With a mission to support sustainably driven business operations in developing countries, the investment fund has signed a USD 14 million financing agreement with Hela Apparel Holdings PLC.
Hela Apparel Holdings - Wikipedia
Hela Apparel Holdings PLC branded as Hela Clothing is a holding company in Sri Lanka that is engaged in the apparel industry. The company supplies to a number of brands such as Tommy Hilfiger, Calvin Klein, and Michael Kors.
Norfund To Support the Development of Hela Apparel Holdings’ …
Feb 28, 2023 · Norfund, the Norwegian government’s investment fund, with a mission to support sustainably driven business operations in developing countries, signed a USD 14 million financing agreement with Hela Apparel Holdings PLC to bolster the development of its manufacturing operations in East Africa.
Hela Apparel Secures US$14m Investment for East Africa …
Feb 26, 2023 · Norfund, the Norwegian government’s investment fund, has signed a USD14 million (KSh1.7 billion) financing agreement with Hela Apparel Holdings PLC to support its operations in East Africa. Hela Kenya, established in 2016, is the largest manufacturing facility within the Hela Group and employs over 4,000 people.
Lankan envoy in Nairobi visits Hela Clothing factory in Kenya
The Hela Clothing is a pioneer in apparel manufacturing in Kenya since 2016 which has progressed in leaps and bounds to be Kenya’s largest intimate wear manufacturer accounting for 15% of Kenya’s total apparel exports.
Hela Apparel secures US$14m investment for East Africa growth
Feb 27, 2023 · Sri Lankan garment maker Hela Apparel Holdings has secured US$14m in funding which it says will allow it to develop its East African manufacturing operations.
Norfund invests $14m in Hela Apparel Holdings to bolster its ...
Feb 27, 2023 · Norfund, the Norwegian government’s investment fund, with a mission to support sustainably driven business operations in developing countries, signed a USD 14 million financing agreement with Hela Apparel Holdings PLC to bolster the development of its manufacturing operations in East Africa.