Kenya’s Kisumu National Polytechnic has received Sh1.2 billion funding from the World Bank to create centres of excellence for value addition in the cotton industry in the Nyanza region. The centres will be built across the region to offer skills and competencies to support the sector’s growth...
Though Nigerian garment markets are saturated with Asian items, domestic manufacturers—now trained, informed and having embraced value chain production systems—only need encouragement and funds as mass production needs capital and many are still at the workshop level struggling to meet delivery, said a top Nigerian Export Promotion...
As Kenya works to embrace genetically-modified (GM) crops, agriculture experts and lobby groups are urging the government to explore and adopt alternative food production systems and organic farming instead. The country is expected to take a decision in the next few months on whether to lift a...
Egypt's ministry of public business sector has allocated EGP 21 billion to increase the added value in the Egyptian cotton industry, as per the advice of international consultant Warner, which prepared a comprehensive study on developing the country's cotton sector. The government is making efforts to restore...
Bangladesh has now decided to resume efforts to explore job markets in Africa against the backdrop of mass deportation of foreign workers from the Middle-East (ME) countries. Earlier, a written proposal was submitted to the government two years back to start negotiation with the African countries that...
The Central Bank of Nigeria (CBN) recently set up a committee to revive the country’s cotton, textile and garment industry following the earlier restriction of official foreign exchange supply to textile importers to boost domestic production. Bank governor Godwin Emefiele said the target is to revive and...
An Ethiopian delegation led by state minister for trade and industry Teka Gebreyesus Entehabu recently visited the BEXIMCO Industrial Park in Dhaka to see large-scale vertical operations. The Bangladesh Export Import Company Limited, commonly known by its trade name BEXIMCO, also discussed its plans to set up...
Master plan submitted to the Department of Trade and Industry (DTI) in South Africa aims to revive the country’s ailing apparel and textile industry, which had shed between 140,000 to 160,000 jobs in recent years. Job losses, however, have stabilised over the last decade. The plan aims...
Trading and services sectors provided robust impetus to the overall credit offtake from the commercial banks in May this year, according to the Qatar Central Bank figures. Qatar’s commercial banks’ total loan portfolio expanded about 6% year-on-year to QR955.73bn in May 2019, said the figures released by...