Nigeria’s textile industry faced a sharp downturn in 2025 as export earnings collapsed by 55.25 per cent to N16.55 billion from N36.98 billion in 2024, even as the nation’s importation of textile products surged to N1.061 trillion, up 46.11 per cent from N726.18 billion the previous year. Data from the National Bureau of Statistics (NBS) …
Kenya could lose a vital economic lifeline as the African Growth and Opportunity Act (AGOA) is set to expire on September 30, ending the country’s duty-free trade access to the U.S. The apparel sector, which employs 66,000 Kenyans directly and supports nearly 660,000 livelihoods, would be hit hardest. The loss of AGOA would weaken Kenya’s …
