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

Photo by Eswatini Photography @ Unsplash
Eswatini gears up for higher prices in 2026 due to inflation
Read More »
Ziguinchor, Senegal. Photo by Sweder Breet @ Unsplash
Senegal opens $640mn regional bond as West Africa’s debt pressure mounts
Read More »
Street of Rwanda. Photo by Dieuvain Musaghi @ Unsplash
Rwanda public pension assets jump 34% to $1.65bn on contributions
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Ruto strengthens 2027 re-election bid as UDA sweeps key Kenya by-elections
Read More »
Ghana President John Mahama. Photo courtesy: Office of the President/Facebook
Ghana’s $1.1bn presidential jet plan reignites debate over cost and priorities
Read More »
Tilembeya, Mopti, Mali. Photo by Kagou Dicko @ Unsplash
IMF backs Mali reforms despite insecurity and debt risks
Read More »

Latest Posts

Latest news insights