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
Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...
Development Partners International sold its 20.17% stake in Atlantic Business International for mo...
Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...
Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...
This week in Africa, Africa CDC continues its clinical trial on mpox, while a new study highlights l...
EITI says artisanal mining remains absent from Liberia’s official mining statistics Industrial mining generated $121.49 million in revenue in...
Gas-fired plants and renewables anchor Mauritania’s electricity expansion plan New thermal, solar, and wind projects target rising urban power...
Government supplies equipment and inputs to relaunch cotton production State cotton company targets sharp expansion of planted areas from...
EkoNiva held talks with state-owned Giplait on potential dairy farm projects Discussions focus on pilot farms for raw milk production, with no figures...
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...