Hela Apparel Secures US$14m Investment for East Africa Operations

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. The facility is also one of the largest in … Continue reading Hela Apparel Secures US$14m Investment for East Africa Operations