Search

WTO and Afreximbank Join Forces to Boost Cotton Processing in West Africa

  • Agreement aims to develop local and regional cotton value chains in Africa
  • Initiative expected to create half a million jobs and require $5 billion in investments

 

Abuja, Nigeria – The World Trade Organisation (WTO) and the African Export-Import Bank (Afreximbank) have signed a memorandum of understanding to support efforts by four West African cotton producers to enhance their local processing capacities.

Recent Business

Street of Rwanda. Photo by Dieuvain Musaghi @ Unsplash
Rwanda’s franc weakens as global currency shifts reshape FX markets
Read More »
Photo by Guy Basabose @ Unsplash
DR Congo’s $50 million FX boost fails to shift deep dollarisation
Read More »
A community in Mozambique. Photo by Farah Nabil @ Unsplash
Mozambique cuts interest rates again as debt delays shake liquidity
Read More »

Recent Politics

Kenya's ODM split over age, factions and 2027 political strategy. Photo @ The ODM Party/Facebook
Can Oburu Oginga hold Kenya’s ODM together after Raila Odinga’s death?
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin extends presidential term from five to seven years
Read More »
Bassirou Diomaye Faye, President of Senegal. Photo @ Office of President, Senegal/Facebook
Senegal’s soaring presidency budget sparks scrutiny amid economic strain
Read More »

Latest Posts

Latest news insights