Mali, Africa’s third biggest gold producer behind South Africa and Ghana, also counts cotton as one of its main exports. The head of the state-owned textile development firm CMDT on Thursday said that Mali plans to produce 800,000 tonnes of unginned cotton per year by 2018 after output surged by more than a quarter in the 2014/15 season on the back of improved farm inputs.
The government increased input subsidies and lowered the price of fertilizers, this significant grant from the state gave a lot of momentum to cotton production.
According to CMDT’s five-year development plan the West African nation is anticipating production of 650,000 tonnes in the 2015-2016 season, 725,000 tonnes in 2016-2017, and 800,000 tonnes in 2017-2018,. To achieve its targets, Mali plans to invest between 60 to 70 billion CFA francs ($122 million) per year. From around 3.5 million farmers out of Mali’s over 15 million people grow cotton.
Kalfa Sanogo a representative of the UN Development Programme (UNDP) said that final production figures for the season stood at 552,000 tonnes, compared with 440,000 tonnes the previous season.
Keeping the target means continuing measures that helped to attain the 25 percent jump in output this year. The measures include lower farm input prices, improving soil fertility, motivating farmers with favourable farm gate prices and immediate cash payments after harvest.
The Union Ministry of Textiles on Thursday signed MoUs with 15 States to create a strong operational framework for improving…
Heartland has announced the launch of a new textile business unit in India to increase the use of hemp fabric…
The Saudi Fashion Commission has announced the development of a bio-textile made from marine algae collected from the Red Sea…
The Council of Fashion Designers of America (CFDA) has announced two new initiatives aimed at strengthening fashion manufacturing in the…
The U.S. Cotton Trust Protocol has announced that Next Level Apparel, a supplier of blank apparel, has joined the program…
Harper Hygienics has launched Kindii Water Care, a new range of baby wipes developed to suit the needs of very…