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Why The UK Plans To Cut Import Taxes On Goods From Africa
The UK’s Department for International Trade has revealed plans to cut taxes by around 99% of goods imported from some African countries in a new trading scheme. The Developing Countries Trading Scheme, implemented in January 2023, would focus on boosting trade links between the UK and lower-income nations across the globe. The Department for International…
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Mali Records Highest Cotton Production In The 2021-2022 Season
In Mali, food production and economic stability heavily rely on the production and exportation of cotton, after gold which covers up to 72% of the country’s total exports. As one of the four top cotton producers in sub-Saharan Africa, Mali’s cotton farmers are considered traditional high earners. However, the economic fallout from the coronavirus pandemic…