spot_img
spot_img
Bruckner Textile Machinery
Ready To Show textile and Fashion Expo
spot_img
Coats Gigital

Ghana’s cotton sector to get $10-mn boost

RMG Ghana Ltd will invest $10 million in the country’s cotton industry under a five-year project to raise cultivation of the crop from the current 4,000 metric tonnes to 50,000 metric tonnes. The investment will cover operational and marketing costs, help expansion of farm sizes, ensure timely availability of production inputs and raise income of farmers.

 

The initiative is part of a strategic partnership agreement between RMG Ghana, an agro input firm, and Wienco Cotton—the first a sister company and the second a subsidiary of Wienco Ghana Limited—to make Ghana one of the major cotton producers in the continent.

 

The white gold of Ghana must return to be the game-changer in the country’s economy, media reports in Ghana quoted group chief executive officer of RMG Ghana Daniel Ruegg as saying.

 

The Arailius Group of the United Kingdom also intends to invest in cotton and textile production, while the China Agricultural Machinery and Engineering Corporation (CAMEC) will establish mechanisation centres in cotton producing districts to promote smallholder and commercial cotton production, according to the government.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img

Related News

Teijin Frontier Develops A Next-Generation Comfort Material For Active And Functional Apparel

Teijin Frontier Co., Ltd., announced today that it has...

Swiss Technology Leader Haelixa Enhances Organic Cotton Traceability with C&A Partnership

Haelixa has partnered with C&A, one of Europe’s fashion...

WarmLife® Thermal Control Technology From LifeLabs Named “Best Product” By ISPO For Fall/Winter 2026/2027

LifeLabs, the material science company founded in a Stanford...

7 Things You Did Not Know About Camouflage Fabrics 

Camouflage fabrics have evolved far beyond their traditional military applications,...

President Biden Announces Limited Trade Actions on Fine-Denier Polyester Staple Fiber in Section 201 Safeguard Case

Last week, the White House announced that President Joe...

GHET LAB: Where Innovation Meets Textile Engineering

In the rapidly evolving world of smart and technical...
×