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Egypt’s garment exports rose by 22 per cent YoY during the first four months of 2025, reaching $1.028 billion, the Apparel Export Council of Egypt said.
Such exports rose by 25 per cent YoY to $223 million in April by 23 per cent YoY to $254 million in March.
The US was the top RMG export destination, with exports to there totalling $384 million in the period—a 11-per cent rise increase YoY.Read More

PBoC may implement further cuts to its seven-day reverse repo (RR) rate in 2025, following a reduction to 1.4 per cent in May, according to Fitch Ratings.
This aligns with its shift to a ‘moderately loose’ monetary stance.
Fitch now considers the seven-day RR as China’s main policy rate.
Although deep cuts are projected, easing could be constrained by recent US-China trade de-escalation.Read More

Development Bank Ghana and the Association of Ghana Industries recently brought stakeholders together to establish a road map for the textile-garment sector’s growth.
They discussed how cheap imports, uneven customs enforcement and fragmented incentives have eroded competitiveness.
They outlined a suite of reforms through strategic financing, policy collaboration and sector-wide partnerships.Read More

South Africa imported textiles and textile articles worth 21.56 billion rand (~$1.2 billion) in Jan–Apr, up 2.3 per cent year-on-year, while exports rose 5.1 per cent to 7.96 billion rand.
April saw a monthly decline in imports but a slight rise in exports.
In 2024, annual imports grew 10 per cent, and exports increased 1.8 per cent, reaffirming South Africa’s position as a net importer in this segment.Read More