Global public subsidies allocated to the cotton sector amounted to $5.4 billion in 2018/2019. The figure was provided by the International Cotton Advisory Committee (ICAC) in its “Production and Trade Subsidies Affecting the Cotton Industry” report published November 24. The previous year, subsidies was $5.5 billion.
According to the ICAC, 10 nations have engaged in producer support mechanisms, namely Colombia, Côte d'Ivoire, China, USA, Mali, Greece, Senegal, Spain, Burkina Faso, and Turkey.
China and the USA grants $3.5 billion and $1.2 billion respectively in subsidies. In West Africa, Burkina Faso leads with $35 million dedicated to cotton inputs, including fertilizers and seeds. Next comes Mali ($35 million), Côte d'Ivoire ($15 million) and Senegal ($1 million).
As a reminder, cotton is grown on 30 to 36 million hectares worldwide. In Africa, it is the main source of income for millions of farmers in more than 15 countries.
Espoir Olodo
Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...
Tether partnered with the United Nations Office on Drugs and Crime to strengthen digital asset cyb...
Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...
South Africa proposes zero-alcohol limit for all drivers Reform amends National Road Traffic Act’s drink-driving provisions Move targets road deaths...
Focus areas include education, rural development, climate resilience, digitalisation Programme targets water access, vulnerable groups and human...
Gabon launches SIGFIP to centralise all public revenues and spending System integrates tax, customs, procurement and real-time financial...
This week’s health headlines in Africa highlight Kenya’s severe drought and a spike in typhoid cases in the DRC. As clinical trials for mpox and Lassa...
Located at the mouth of the Senegal River, about twenty kilometers from the Atlantic Ocean, Saint-Louis Island holds a distinctive place in the country’s...
Benin considers hosting a pan-African cultural event inspired by FESMAN but plans to use a different name. Culture Minister Jean-Michel Abimbola...