Kenya's Nexgen Packaging Factory Set to Revolutionize Garment Industry and Employment Landscape

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Published: Monday, 22 April 2024 12:02

Kenya is poised for a significant economic boost with the inauguration of Nexgen Packaging Kenya, a state-of-the-art factory located in the Export Processing Zone in Athi River, Nairobi. Scheduled for tomorrow, the opening ceremony will be presided over by Kenyan President William Ruto, signaling the country's commitment to fostering industrial growth and creating job opportunities.

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Textile Imports Surge in Nigeria Despite Central Bank Interventions

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Published: Tuesday, 09 April 2024 03:56

Despite concerted efforts by the Central Bank of Nigeria (CBN) to revitalize the textile sector, the import of textile products into Nigeria has skyrocketed by a staggering 106.7 per cent over the span of four years. Data from the National Bureau of Statistics (NBS) reveal a significant surge in textile imports from N182.5 billion in 2020 to N377.1 billion in 2023. This trend persists despite various intervention programs aimed at boosting domestic production.

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Egypt's Cotton Renaissance: A Return to Global Prominence

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Published: Thursday, 04 April 2024 03:30

For centuries, Egypt's cotton has adorned the world with its luxurious softness and unparalleled quality. Yet, in recent years, the once-dominant position of Egyptian cotton in the global market waned, experiencing a significant decline in production. However, determined to reclaim its rightful place on the global stage, Egypt has embarked on a comprehensive journey to revive its cotton industry and restore its prominence in international trade.

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  2. Tunisia Implements 20% Wage Hike for Textile Workers in 2024-2026
  3. Kenya Aims for $2 Billion Apparel Exports to US and EU by 2030, Unveils Ambitious Growth Plan
  4. Chinese Firms Set to Play a Pivotal Role in the 9th Africa Sourcing and Fashion Week