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...

Advertisment

AMEC AMETEX

ZHEJIANG PLASTIC INDUSTRY VIRTUAL EXPO – MIDDLE EAST STATION

Interview with Amanda Yang - Organizer of Zhejiang Plastic Industry Virtual Expo - Middle East Station By: Kohan Journal For exhibition details, please contact: Hoer Exhibition Group WeChat...

Myanmar’s CMP garment exports fall by 50% in 2 months

Myanmar’s garment export has dropped by half in two months due to a slump in demand in the European market, according to the country’s...

ITMA ASIA + CITME 2020 on track for next June showing

Industry-leading textile machinery manufacturers affirm their support 15 December 2020 – Preparations for the seventh edition of ITMA ASIA + CITME are underway as scheduled....

In October 2020, Turkey’s textile exports rose by 14.7%

In October 2020, Turkey’s textile exports rose by 14.7% in comparison with its predecessor month and by 9% in comparison with the previous year,...

Ethiopia’s war risks leaving manufacturing dreams in tatters

By Ruma Paul, Anna Ringstrom and Joe Bavier ADDIS ABABA (Reuters) - When Bangladeshi textile firm DBL set up shop in Ethiopia two years ago,...

An Economic Recovery Could Happen Sooner Than We Think

Below is a rare piece of good news—welcome relief in a period dominated by uncertainty. The article, originally published by The Telegraph, highlights an...

Angolan, Turkish Businesspeople Bet On Strengthening Cooperation

Cooperation between Angola and Turkey may contribute to reversing the import scenario and boost national production, the participants at the Business Forum between the...

TURKEY BECOMES THE WORLD CHAMPION IN GROWTH

The Turkish economy grew beyond expectations with 6.7% in the third quarter. Ranked first upon this rate, Turkey is followed by China with a...

Kenya’s Kirinyaga county to revive Mwea Cotton Ginnery

The government of Kenya’s Kirinyaga county is planning to revive the Mwea Cotton Ginnery to support cotton farmers whose number has risen after the...

Morocco signs 17 investment agreements to boost industry

Morocco signed 17 investment agreements worth $93.6 million recently to boost the industrial sector, hit by the pandemic. These include four memoranda of understanding (MoUs)...
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
AMEC AMETEX
spot_img
spot_img