The partnership is expected to be implemented through a Joint Working Committee comprising representatives from both organisations. The Federal Ministry of Arts, Culture, Tourism, and Creative Economy and Chocolate City Group have signed a Memorandum of Understanding (MoU) to develop key infrastructure towards repositioning Nigeria’s creative industry. The News Agency …
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Morocco signs $3 million deal to boost craft exports
Morocco signed a partnership agreement on Thursday aimed at expanding exports of traditional crafts, a sector that employs nearly a quarter of the country’s workforce and generates over 1.1 billion dirhams ($110 million) in annual revenue. The deal, worth 30 million dirhams ($3 million), was signed by the State Secretariat …
New partnership to boost global presence of Moroccan handicrafts
Morocco’s government signed a partnership agreement Thursday to promote traditional handicrafts in international markets. The deal, involving the State Secretariat for Handicrafts and the Economy of Solidarity, Maison de l’Artisan, and the Secretariat for Foreign Trade, aims to support artisans in exporting their products and increasing sector revenues. Backed by …
Naomi Borley Alabi appointed as Acting Deputy CEO of GTDC
By Iddi Yire Accra, April 16, GNA – In a strategic move to strengthen Ghana’s tourism sector, President John Dramani Mahama has appointed Madam Naomi Borley Alabi as the Acting Deputy Chief Executive Officer (CEO) for Finance and Administration at the Ghana Tourism Development Company (GTDC). Dr Callistus Mahama, the …
URGENT: China’s GDP grows 5.4% in 1st quarter amid tariff war with U.S.
China’s economy in the January-March period grew a real 5.4 percent from a year earlier, official data showed Wednesday, with the pace of expansion unchanged from the previous quarter amid a tariff war with the United States. The increase in inflation-adjusted gross domestic product of the world’s second-largest economy was …
Budget fashion boom reshapes South Korea’s apparel market
Fashion brands offering affordable, functional clothing are gaining momentum in South Korea, reshaping the country’s apparel market and challenging long-dominant players. E-Land World Co. (E-Land), operator of brands including SPAO and New Balance Korea, posted the highest operating profit in the domestic fashion industry last year, overtaking the so-called “Big …
China suspends Boeing jet deliveries
China has reportedly ordered its airlines to suspend deliveries of Boeing jets as trade tensions with the U.S. escalate, according to a report Tuesday. Since President Donald Trump took office in January, the world’s two biggest economies have been locked in a tit-for-tat tariff war, with the U.S. now charging …
Lagos-Calabar Coastal Highway: Unlocking South-South’s Sleeping Business Openings
As bulldozers continue to blaze through the bushy terrain of Nigeria’s coastal belt, carving out the ambitious 700-kilometre Lagos-Calabar Coastal Highway, the conversation has predominantly revolved around engineering feats, environmental concerns, and politics. However, lying silently beneath the cacophony is a wealth of untapped business opportunities that the South-South communities …
Nigeria moves to integrate ports via road, rail, waterways
Esther Oritse Lagos — The Ministry of Marine and Blue Economy, Mr. Adegboyega Oyetola, has said that the ministry is moving toward integrating road, rail and inland waterways connectivity to the ports. Speaking yesterday at 3rd edition of the Maritime Transportation Industry Breakfast meeting hosted by the Nigerian Maritime Law …
FG directs NIMASA to begin disbursement of Cabotage Vessel Financing Fund
Esther Oritse Lagos — As part of efforts to unlock the vast opportunities within the Blue Economy, the Minister of Marine and Blue Economy, Mr. Adegboyega Oyetola, has instructed the Nigerian Maritime Administration and Safety Agency (NIMASA) to initiate the long-awaited disbursement process for the Cabotage Vessel Financing Fund (CVFF). …