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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AMEC AMETEX

Global Plastics and Rubber Portfolio Digital Exhibition

November 16-22 / 2020(Phase 3) EXHIBITION OVERVIEW Beijing – China - 1st October 2020 - Global Plastics and Rubber digital Exhibition is an online exhibition plus...

FESPA Mexico Exhibition Postponed To September 2021

DORKING, England — September 28, 2020 — FESPA has today announced that FESPA Mexico 2020 will be postponed to 23 – 25 September 2021....

Network With Key Manufacturers and Suppliers of Auto Parts Industry

Are you Interested in meeting key suppliers of Auto Parts industry in as easy as one click? Look no further, for G-Auto Parts 2020,...

H&M Says It’s Not Working With Any Garment Factories in Xinjiang

Hennes & Mauritz AB says that the Swedish retailer does not work with any garment manufacturing factories in Chinese Xinjiang region. Receiving Beijing’s suspected persecution...

Denmark’s Ambassador: Danish Companies Eager to Invest in Morocco

Denmark’s Ambassador to Morocco, Nikolaj Harris, has revealed the growing interest of Danish companies to invest in Morocco, according to a statement from Morocco’s...

Focused functionality over lace fashion

Producing functional textiles with tried and tested multibar raschel machines Warp knitted textiles combine the stability of woven fabrics with the elasticity of knitwear. Different...

Global Auto Parts Digital Exhibition  ; The latest Auto Part Industry trends without limits!

 DATE: 12-16 October 2020 / China • Attend the ONLINE trade show and be the first to know the latest industry trends without limits! • Register...

A High Quality Zhejiang Virtual Expo ; Light & Electron Equipment Industry

In order to carry out the decision-making and deployment of the provincial committee and the provincial government on the overall promotion of epidemic prevention...

Better Work Jordan and the Trade Union of Textile Workers sign a MOU

Better Work Jordan and the General Trade Union of Workers in Textile, Garment and Clothing Industries sign a Memorandum of Understanding Amman – A Memorandum...

Made in Ghana : making textile production socially and ethically responsible

The textile industry is becoming an increasingly important economic sector for some African countries. But how can factories in these countries become more productive...
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