August 5, 2025

industrial push

Afreximbank General

Nigeria to Host $5bn Textile Mega-Factory as Afreximbank Unveils Major Industrial Push

Abuja, Nigeria June 28, 2025 Nigeria’s struggling textile sector is set for a colossal boost! The African Export Import Bank (Afreximbank) announced Friday it will start building a gigantic $5 billion integrated textile factory right here in Nigeria next month. This mega project, revealed by Afreximbank’s outgoing President, Benedict Oramah, is a major part of the

Read More