Africa exports 98% of cotton, seeks $34bn industrial boost
AI Summary
The Africa Made It campaign aims to boost economic output by expanding local garment processing, rather than exporting most of the continent’s raw cotton. It says Africa currently exports 98% of its cotton and estimates that industrialization could contribute $34 billion to GDP.
A new campaign by Africa Made It aims to unlock a $34bn GDP contribution by shifting from exporting 98% of raw cotton to local garment processing. Read More: https://punchng.com/africa-exports-98-of-cotton-seeks-34bn-industrial-boost/
World Markets Deals Commodities African cotton textile manufacturing garment processing industrialization GDP growth Africa Made It