US footwear company Skechers will build its first African factory in Algeria under an agreement it signed with a local partner. The plant will produce 300,000 pairs of shoes a year in the first phase, rising to 2 million when the project is fully completed by 2031, Algeria’s ministry of commerce and export promotion said in a statement. “This project embodies the state’s strategy aimed at replacing imports with national production, through attra…
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