Nigeria has successfully secured investments worth $3.5 billion in its domestic textile, cotton, and apparel sector over the past year, marking a significant step towards revitalizing an industry that has long been dormant. This achievement was announced by Doris Uzoka-Anite, Nigeria’s minister of industry, trade, and investment.
In a significant step towards enhancing trade within Africa, Ghana’s minister of trade and industry, Kobina Tahir Hammond, has announced that 700 products have received rules of origin certification under the African Continental Free Trade Area (AfCFTA). This certification allows these products to be traded more freely across African borders, fostering economic growth and integration.
Kenya is poised for a significant economic boost with the inauguration of Nexgen Packaging Kenya, a state-of-the-art factory located in the Export Processing Zone in Athi River, Nairobi. Scheduled for tomorrow, the opening ceremony will be presided over by Kenyan President William Ruto, signaling the country's commitment to fostering industrial growth and creating job opportunities.
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