World Bank

Africa threads its way into global fashion leadership

In 2025, African fashion is no longer a rising trend — it’s a global force reshaping the industry with bold design, sustainability, and cultural authenticity. Valued at $31 billion in 2020, Africa’s fashion market is projected to surpass $50 billion by 2030, according to McKinsey & Company. With exports of textiles, apparel, and footwear reaching […]

Morocco’s OCP tasks Spain’s ACS with building two phosphorus plants

Morocco’s phosphates and fertilizer producer OCP and Spain’s ACS industrial group signed an agreement to build two phosphorus factories for a total cost of 2.7 billion dirhams. The factories will be built in the OCP’s industrial hub of Jorf Lasfar with a production capacity of 5000 tons per day. The two factories will be the […]

US, Burkina Faso sign five-year health cooperation agreement

The United States and Burkina Faso have signed a five-year health cooperation agreement designed to strengthen regional health security in the Sahel and boost Burkina Faso’s ability to manage infectious disease threats, the US Department of State said in a statement. According to the State Department, the Memorandum of Understanding (MOU) forms part of the […]