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AfDB and Global Center on Adaptation Lead $50 Billion Climate Investment Drive in Africa
The African Development Bank (AfDB) and the Global Center on Adaptation (GCA) have launched a landmark initiative to mobilize $50 billion (£39.9bn) in private...
AfCFTA Pushes to Finalize Rules of Origin by October 2025, But Textiles and Autos Stall
The African Continental Free Trade Area (AfCFTA) is pushing toward its ambitious goal of 97% tariff liberalization by October 2025. However, critical negotiations remain...
US Tariffs Spark Crisis in Lesotho’s Garment Industry
Lesotho’s manufacturing sector has long been viewed as one of the country’s most promising economic drivers, with textiles and apparel standing at the forefront....
WIFT Driving Change in African Fashion-Tech
The Association of Women in Fashion-Tech (WIFT) is reshaping Africa’s garment and textile sector by addressing its most pressing challenges—ranging from cheap imports and...
Africa’s $100 Billion Trade Finance Gap Threatens Growth
Africa’s economic ambitions are being held back by a chronic shortage of trade finance, with banks rejecting an estimated $100 billion in legitimate trade...
Indian Firms Eye Ghana as US Tariffs Reshape Manufacturing
Ghana is emerging as a promising destination for Indian manufacturers seeking to navigate shifting trade dynamics, as punitive U.S. tariffs disrupt billions in exports...
KZN Textile Cluster Launched to Strengthen Competitiveness of Troubled Sector
A new clothing and textile cluster initiated by the KwaZulu-Natal Department of Economic Development is set to provide much-needed support for the province’s struggling...
TESTEX Expands Global Footprint with New Office in South Africa
TESTEX, a globally renowned OEKO-TEX®-certified institute for textile and leather testing and certification, has officially announced the opening of its new representative office in...
Ghana Spends US$1.5 Billion Annually on Textile Imports Amid Push for Industrial Revival
Ghana’s annual textile import bill has surged to a staggering US$1.5 billion, raising concerns among policymakers and industry stakeholders about the country’s increasing dependency...
Nil Örme’s $35M Investment in Egypt’s Qantara West Industrial Zone
In a major development for Egypt’s textile sector, the General Authority of the Suez Canal Economic Zone (SCZONE) has signed a new investment contract...
