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Businesses are expanding across borders, new trade corridors are emerging, and regional ambition remains strong,…
Digital development is attracting new Foreign Direct Investment (FDI) to Africa. This as overall FDI…
Businesses are expanding across borders, new trade corridors are emerging, and regional ambition remains strong,…
Businesses are expanding across borders, new trade corridors are emerging, and regional ambition remains strong, but liquidity, payments and execution challenges continue to shape the reality of doing business across Africa. Six months into 2026, African trade appears to be telling two stories at once.…
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Zhu Ruowan, the Editor, CGTN Global Business, argues that China’s new investment…
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Zanzibar legislators project 7.5% economic growth. President Mwinyi advocates private sector participation. Zanzibar recent talks with Brazil, US expected to bare fruits. Zanzibar has…
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Textiles and clothing are an essential part of everyday life and an important sector in the global economy, and more so Textile in Africa.
According to a report titled Circular economy in Africa: Fashion and textiles, in sub-Saharan Africa, the combined apparel and footwear market is estimated at $31 billion. The textile industry in Africa is estimated to grow at a compound annual growth rate of approximately 5 percent between 2019 and 2024. In addition, the production of cotton accounts for almost 7 percent of all employment in some low-income countries.
African countries boasted thriving textile industries in the 1970s and early 1980s. That was until the African market was flooded by what Kenyans call Mitumba (second-hand clothes), also called chagua in Rwanda, and salaula in Zambia, dealing the textile industry a blow leading to its deterioration.
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Digital development is attracting new Foreign Direct Investment (FDI) to Africa. This…
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Paris-based Kulipa’s seed round co-led by Flourish Ventures and 1kx will expand…
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Businesses are expanding across borders, new trade corridors are emerging, and regional…























































