Senegal is one of the West African countries where cotton production plays a significant role in the economy. As the country works to revive its textile industry, it is implementing measures to better organize the marketing of raw materials within the sector.
Senegal plans to ban the export of raw textile materials, according to Serigne Guèye Diop, the Minister of Industry and Trade. The announcement was made on December 9 during a meeting organized by the German Federal Ministry for Economic Cooperation and Development (BMZ) with private sector entrepreneurs supported under the "Invest For Jobs" program. This initiative, active in eight African countries, promotes investments and job creation across various industries.
Minister Diop explained that the ban aims to protect local textile and clothing businesses while fostering the growth of Senegal’s domestic textile industry. However, he noted that achieving this goal would require effective policy measures.
Cotton, Senegal’s main raw textile material, is the country’s third-largest agricultural export after fish products and groundnuts. According to data from the National Agency for Statistics and Demography (ANSD), cotton exports brought in CFA12.5 billion ($20.1 million) in 2022.
The U.S. Department of Agriculture (USDA) projects that Senegal will export nearly all its cotton production to international markets during the 2024/2025 season. The USDA also reported that Domitexka, a local textile company based in Kaolack, could begin purchasing cotton as part of its plans to restart textile processing operations in 2025.
Senegal’s seed cotton harvest is expected to increase by 7.5%, reaching nearly 14,000 tons in the 2024/2025 season, according to estimates from the Regional Integrated Cotton Production Program in Africa (PR-PICA).
Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...
Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...
MTN Zambia launched a Mastercard-powered virtual card enabling secure global online payments for u...
Niger approves electronic AES passports and biometric ID cards Reform supports Sahel integration after exit from ECOWAS passport...
NNPC plans stake sales in oil and gas assets, launches bidding process Divestment aims to streamline portfolio and attract investment amid low...
Suez Canal Authority, JICA sign $22 million deal for diving support vessel Vessel to boost canal security, emergency response and ship...
Sonatrach approves 2026 budget and 2026-2030 development plan, details undisclosed Rising domestic gas demand strains balance with exports,...
Afrochella, now known as AfroFuture, is a cultural event held annually in Ghana, mainly in Accra, around the Christmas and end-of-year period. Launched in...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...