The China Mail - Africa sets out stall for cotton at the WTO

USD -
AED 3.67315
AFN 63.000145
ALL 83.20326
AMD 377.359858
ANG 1.790083
AOA 917.000243
ARS 1371.497767
AUD 1.445787
AWG 1.8025
AZN 1.677673
BAM 1.695925
BBD 2.012738
BDT 122.6148
BGN 1.709309
BHD 0.378095
BIF 2970
BMD 1
BND 1.284247
BOB 6.920712
BRL 5.232027
BSD 0.999302
BTN 94.168452
BWP 13.739161
BYN 3.001028
BYR 19600
BZD 2.009859
CAD 1.38398
CDF 2285.486468
CHF 0.79331
CLF 0.02331
CLP 920.550167
CNY 6.90915
CNH 6.915605
COP 3693.73
CRC 463.31745
CUC 1
CUP 26.5
CVE 95.615302
CZK 21.209305
DJF 177.956989
DKK 6.47094
DOP 60.249479
DZD 132.96384
EGP 52.698504
ERN 15
ETB 154.444897
EUR 0.86605
FJD 2.24825
FKP 0.747836
GBP 0.748501
GEL 2.695001
GGP 0.747836
GHS 10.925157
GIP 0.747836
GMD 73.502631
GNF 8760.497553
GTQ 7.644781
GYD 209.069506
HKD 7.825345
HNL 26.535612
HRK 6.525302
HTG 130.870053
HUF 335.87198
IDR 16916
ILS 3.125896
IMP 0.747836
INR 93.961303
IQD 1309.134109
IRR 1313150.000359
ISK 123.650012
JEP 0.747836
JMD 157.053853
JOD 0.70897
JPY 159.584502
KES 129.913081
KGS 87.449943
KHR 4001.873033
KMF 427.00008
KPW 900.057798
KRW 1505.859995
KWD 0.30722
KYD 0.832809
KZT 481.430095
LAK 21584.967179
LBP 89489.466313
LKR 314.289307
LRD 183.375896
LSL 17.096266
LTL 2.95274
LVL 0.60489
LYD 6.38118
MAD 9.33009
MDL 17.552896
MGA 4164.896246
MKD 53.384543
MMK 2099.983779
MNT 3583.827699
MOP 8.05281
MRU 39.862126
MUR 46.629896
MVR 15.449943
MWK 1732.830385
MXN 17.76157
MYR 3.993995
MZN 63.901353
NAD 17.096266
NGN 1384.760231
NIO 36.775768
NOK 9.64715
NPR 150.669869
NZD 1.729675
OMR 0.384478
PAB 0.999298
PEN 3.458448
PGK 4.318362
PHP 60.15502
PKR 278.936182
PLN 3.70084
PYG 6540.378863
QAR 3.642984
RON 4.414295
RSD 101.718024
RUB 81.249664
RWF 1459.324231
SAR 3.751857
SBD 8.042037
SCR 13.849564
SDG 601.000201
SEK 9.398275
SGD 1.284035
SHP 0.750259
SLE 24.549695
SLL 20969.510825
SOS 571.106486
SRD 37.562017
STD 20697.981008
STN 21.245139
SVC 8.74425
SYP 111.44287
SZL 17.091497
THB 32.844022
TJS 9.563521
TMT 3.5
TND 2.939789
TOP 2.40776
TRY 44.362195
TTD 6.782836
TWD 31.893034
TZS 2570.058987
UAH 43.849933
UGX 3717.449554
UYU 40.512476
UZS 12171.952568
VES 462.09036
VND 26351
VUV 119.023334
WST 2.74953
XAF 568.80967
XAG 0.014499
XAU 0.000224
XCD 2.70255
XCG 1.80106
XDR 0.705441
XOF 568.807204
XPF 103.416132
YER 238.649803
ZAR 17.02005
ZMK 9001.201522
ZMW 18.762411
ZWL 321.999592
  • CMSC

    -0.1200

    22.79

    -0.53%

  • CMSD

    -0.0200

    22.66

    -0.09%

  • GSK

    -0.2900

    54.41

    -0.53%

  • AZN

    -2.9800

    184.16

    -1.62%

  • BTI

    -0.0300

    58.42

    -0.05%

  • RIO

    -1.9400

    85.6

    -2.27%

  • BP

    1.0000

    46.41

    +2.15%

  • BCE

    0.0100

    25.5

    +0.04%

  • NGG

    -1.8000

    82.49

    -2.18%

  • JRI

    -0.0150

    12.085

    -0.12%

  • VOD

    0.0000

    14.72

    0%

  • BCC

    -0.2500

    74.4

    -0.34%

  • RELX

    -0.4450

    32.025

    -1.39%

  • RBGPF

    -13.5000

    69

    -19.57%

  • RYCEF

    -0.6000

    15.3

    -3.92%

Africa sets out stall for cotton at the WTO
Africa sets out stall for cotton at the WTO / Photo: © AFP

Africa sets out stall for cotton at the WTO

African countries are taking a stand at the World Trade Organization to bolster their cotton sector, launching a platform tasked with mobilising investment to transform the cotton, textile and clothing value chain.

Text size:

"The cotton sector represents one of the most promising drivers of industrialisation in Africa, particularly in West and Central Africa," said Cameroon's Trade Minister Luc Magloire Mbarga Atangana, at a meeting on cotton ahead of the WTO's ministerial conference, which opened Thursday in the Cameroonian capital Yaounde.

WTO chief Ngozi Okonjo-Iweala explained: "Currently, 98 percent of the region's cotton is exported as raw fibre; the goal is to change that."

Cotton has been discussed at the WTO for more than 20 years, at the request of the so-called Cotton Four (C-4) group: Benin, Burkina Faso, Chad and Mali.

These countries, later joined by Ivory Coast to form the C-4+, want to see an end to US, Chinese and European subsidies in their cotton sectors, arguing that they create unfair competition.

"This request has never been met," WTO Deputy Director-General Jean-Marie Paugam told AFP.

"No partner country in Africa or the C-4 has been willing to negotiate solely on one sector.

"These countries maintain this demand as a priority, but while waiting for progress in these negotiations, they are focusing their efforts on developing the cotton sector by promoting the processing of cotton products," he added.

"The goal is to increase added value."

- Vital role -

According to 2024 WTO data, these countries -- the largest cotton producers in Africa -- generate more than one million tonnes of cotton per year, representing 50 percent of Africa's total production and four percent of global production.

West Africa is the fourth-biggest cotton exporter, behind Brazil, the United States and Australia, figures from the International Cotton Advisory Committee (ICAC) show.

Benin, the leading producer in West Africa, exported $505 million worth of raw cotton in 2024, ranking fifth globally among raw cotton exporters.

That year, raw cotton was Benin's most exported product, according to the Observatory of Economic Complexity (OEC).

In Burkina Faso, around four million of the country's 23 million inhabitants depend directly or indirectly on the cotton sector.

According to the Burkinabe trade ministry, cotton represents four percent of GDP and about 14 percent of the country's export earnings.

Cotton thus plays a vital role in the C-4+ economies, but these countries primarily export raw cotton because they lack processing facilities.

As a result, the gains made by women and young people, who make up most of the workforce in this sector, remain marginal, according to the WTO.

- Open for business -

It is in this spirit that the WTO and football's world governing body FIFA launched a cotton partnership at the last WTO Ministerial Conference in Abu Dhabi in 2024.

The initiative aims to support the participation of African countries in the cotton value chain -- from production to processing and the export of finished products -- particularly in the sportswear market.

Development banks and other organisations have since joined the initiative.

According to the WTO, the C-4+ countries would need to attract $12 billion in investments over 10 years to unlock the sector's full potential.

It is estimated that, if realised, these investments would generate approximately 500,000 direct jobs, as well as 1.5 million indirect jobs throughout the cotton value chain.

On Wednesday, these countries, together with the WTO, launched the Partnership for Cotton Investment Platform, showcasing investment opportunities.

"The C-4 and Ivory Coast are open for business here and now!" said Mali's trade and industry minister Moussa Alassane Diallo.

"Thanks to the cotton partnership, we now have a credible roadmap, feasibility studies, and a clear institutional framework" for investments, he said.

L.Johnson--ThChM