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).
Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...
MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...
South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...
Safran invests €280m to build one of the world's largest landing gear plants in Morocco, crea...
This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...
Energy transition consultants work as specialists who assess an organization’s energy needs, design efficiency strategies, and guide shifts toward cleaner...
Kamoa-Kakula revenue rose 5% to $3.28 billion in 2025. Copper output fell to 388,841 tons after seismic disruption. Higher prices offset lower...
Libya awards fuel supply contracts to Vitol, Trafigura and TotalEnergies. Russian fuel exports to Libya fall sharply, from 56,000 bpd to 5,000...
Helium One launches process to find industrial partner for Southern Rukwa project. Recent well tests showed helium concentrations averaging 5.4%,...
Senegal, Morocco resume talks on film co-production pact Countries seek revised agreement on training, distribution Partnership produced two...
“Dao” ranks among the three films in official competition at the 76th Berlinale and marks Alain Gomis’ second bid for the Golden Bear. The film...