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

Ecobank building @ Pexels
Ecobank’s dividend returns - but has its pan-African recovery turned the corner?
Read More »
Luanda, Angola Photo @ Unsplash
Angola’s inflation retreat: is Africa’s oil producer finally leaving crisis-era prices behind?
Read More »
Gold mine. Photo by István Mihály @ Pixabay
Ghana’s $65mn gold deal with Trafigura could reshape how Africa funds its mines
Read More »

Recent Politics

Benin Finance Minister Romuald Wadagni. Photo @Romuald Wadagni/Facebook
Benin election 2026: From fiscal discipline to political delivery - Wadagni’s real test begins
Read More »
Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »
Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Will Kenya's new Gen Z uprising turn voter registration into a global youth political wave?
Read More »

Latest Posts

Latest news insights