Africa
AGOA Opens Doors For African Apparel, Textile and Footwear Industries
PRESS RELEASE: Since its inception on 2001, the African Growth and Opportunity Act (AGOA), has strengthened…
US Commits to Manufacturing in Africa, Burma with Trade Office Expansion
As more manufacturers look to Africa as a sourcing destination, the United States has solidified its…
High Business Costs Hurt Kenya’s Textile Sector
As manufacturers continue to turn to Africa as a new sourcing destination, Kenya is struggling to keep costs…
Kenyan Gov’t Pledges to Restore Textile Industry
As Africa’s profile as a sourcing destination rises, Kenya is advertising its virtues as a future player in…
U.S., Angola Meet To Discuss Broadening Trade
Continuing efforts to establish strong bi-lateral trade relations, the U.S.-Angola Council on Trade and…
African Cotton Production Expected to Reach 5 Million Tons by 2020
Cotton production in Africa could reach 5 million tons by 2020 if the African Cotton Association (ACA) has…
Press Release: Forever 21 to Open First African Store
U.S. fast fashion retailer Forever 21 is set to open its first store on the African continent in 2014. The…
UK Gov’t Moves to Improve Working Conditions for Garment Workers
The UK government has agreed to more than double its investment in emerging economies in an attempt to…
H&M Looks to Produce in Sub-Saharan Africa
Swedish retailer Hennes & Mauritz (H&M) has its eye on Sub-Saharan Africa for future production, a move that…
U.S. Reinstates Mali’s Eligibility for AGOA
United States President Barack Obama has reinstated Mali’s eligibility for the African Growth and…
US Brands, Retailers Urge Renewal of AGOA
Signed into law in 2000 by then-US president Clinton, the African Growth and Opportunity Act (AGOA), has…
More Firms Look to Africa
Retailers and brands are looking beyond Asia, toward Africa, says Haggar’s VP of Global Sourcing Tony…
Africa Poised To Become Major Cotton Producer
While South Asia has become the dominant region for the production of cotton, Eastern Africa is throwing its…
Chinese Yuan Hits 19-Year Peak
China's yuan leapt to a 19-year high on Friday as the Chinese Central Bank raised its daily reference rate…