First ICAC annual report says Africa can meet growing cotton demand
In its first ever annual report, the International Cotton Advisory Committee (ICAC) highlights the vital role Africa plays in meeting growing global demand for cotton.
The report begins with executive director Mr Hughes sharing why Cote d'Ivoire was the ideal host to last year's Plenary Meeting. Africa, he writes, produces about 6% of the world’s cotton but exports the vast majority of it. “If more of that fibre could be spun and made into finished products, it could generate billions of dollars in additional revenue annually, as well as employing millions of extra people.”