Our support will enable DOMITEXKA to create 2,100 new full-time jobs at the Kahone site within three years of the completion of the investment phase. All newly hired staff will be trained for their jobs. Among other things, the company has entered a partnership with the Senegalese Ministry of Labour and a local vocational training centre. During the conversion period and the first three years of production, 750 of the newly hired staff members will be trained to operate the more modern machines.
Several companies in the textile sector have declared their intention to buy the fabrics produced by DOMITEXKA and use them for further processing. The future buyers and suppliers have promised to create an additional 2,200 jobs. The entire value chain in the textile sector is expected to benefit from the resumption of production in Kahone – from design to tailoring to trade.
As part of the conversion and modernisation of the factory, DOMITEXKA plans to invest a total amount of 13.59 million euros between 2022 and 2024. The Facility Investing for Employment grants a subsidy of 5.70 million euros (42%). The funds will be used to finance new machines, the hot water boiler, and the wastewater treatment plant.
The Facility Investing for Employment (IFE) of KfW Development Bank is part of the Special Initiative "Decent Work for a Just Transition" of the German Federal Ministry for Economic Cooperation and Development (BMZ). With its support, the Facility wants to remove barriers that prevent the creation of new and better jobs in the private sector in the African partner countries.