Economy News

Afreximbank: Africa’s Economy Grows 4.5% in 2025 Despite Global Trade Challenges

Africa strengthened its economic resilience in 2025, recording faster economic growth despite rising geopolitical tensions, slowing global demand and continued supply chain disruptions, according to the latest2026 African Trade...

Mohawk Cleared to Acquire Bremworth as Deadline Looms for New Zealand Wool Carpet Deal

Mohawk Industries has received regulatory approval to acquire Bremworth, bringing one of New Zealand’s best-known wool carpet manufacturers...

Ferraro S.p.A. acquires the “Finishing” business unit of Cibitex S.r.l.

Ferraro S.p.A. and Cibitex S.r.l. are pleased to announce the completion of the agreement pursuant to which Ferraro...

US Proposes New Tariffs on Seven African Countries Over Forced Labour Concerns

The United States is considering imposing an additional 12.5 percentage point tariff on imports from seven African countries...

Nigeria Textile Import Ban Proposal Raises Concerns Over ₦10 Trillion Garment Industry

The Centre for the Promotion of Private Enterprise (CPPE) has cautioned that the Nigerian Senate’s proposal to ban...

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New 3D printing system from KARL MAYER

From the machine to the printing table Highly-productive mass production process for tailor-made products thanks to KARL MAYER’s new 3D printing system The combination of new...

Turkey’s Potential Loss of Regional Markets Due to Economic Politicization

As a result of the ruling party, Turkey has recently encountered numerous conflicts with European countries and the Middle East that have resulted in...

President of Uganda visits Sharjah Chamber of Commerce and Industry

•President Museveni: We look forward to strengthening relations with Sharjah and expand cooperation in various sectors The Sharjah Chamber of Commerce and Industry (SCCI) received...

VANDEWIELE team is delighted to welcome its customers again on the next edition of the DOMOTEX exhibition, in Hannover GERMANY.

TEXTILE SOLUTIONS TOGETHER VANDEWIELE has always acted as technological leader and innovative player in the textile machinery industry. Innovation technology and customer centricity are our drivers...

MUNICH FABRIC START: SusTec-ification

The international fabric trade show MUNICH FABRIC START is initiating a combined area for sustainability and digitalisation in the centre of the show. This...

Heimtextil Conference: „Sleep & More“

What is the secret of good sleep? And which textile furnishing solutions, sustainable materials and bedding contribute to the quality of sleep at home...

Loepfe is thrilled to be back in India for ITME 2022

See you soon in India! Loepfe is thrilled to be back in India for ITME 2022. There will be many exciting things to explore....

More than 20 thousand visitors from 17 countries will attend the XV International Fair “EXPOTEXTIL PERU 2022”

The XV edition of the fair was launched with a commitment to sustainability After two years of virtual fair, XV Edition of EXPOTEXTIL PERU 2022...

What Do You Know About SAURER Academy?

Become an expert... Learn when and where it suits you - anywhere and at any time. Become an expert with the new Saurer Academy. Motivated...

Oerlikon Join “Bavarian AM Cluster”

Industrial 3D Signing of a MoU for the foundation of the “Bavarian AM Cluster” Munich, Germany and Pfäffikon, Switzerland – October 12, 2022 – Representatives...
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