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A UNESCO report released during Lagos Fashion Week notes Africa’s fashion industry is growing rapidly to meet demand but that inadequate investment still limits its potential ABUJA, Nigeria -- Africa’s fashion industry is growing rapidly to meet local and international demand but inadequate investment limits its potential, UNESCO said Thursday in a report released during Lagos Fashion Week. Currently valued at $15.5 billion worth of exports annually, the earnings from the continent's fashion industry could triple over a decade with the right investment and infrastructure, according to UNESCO Director-General Audrey Azoulay, who launched the organization’s first report on fashion in Africa in Nigeria’s economic hub of Lagos. With a young population of 1.3 billion people set to double by 2050, the continent’s fashion industry has also proven to be both “a powerful lever for the promotion of cultural diversity (and) also a way to empower young people and women,” said Azoulay. Acro...

The railroad industry has sued to block new environmental rules in California SACRAMENTO, Calif. -- The railroad industry on Friday sued to block new environmental rules in California, arguing they would force the premature retirement of about 25,000 diesel-powered locomotive s across the country long before their zero-emission counterparts are ready to take their place. California's aggressive strategy to fight climate change by weaning the state off fossil fuels has produced some of the world's toughest environmental regulations in the past few years. Since 2020, the state has OK'd rules that would ban the sale of new gas-powered cars, lawn equipment and trucks by the middle of the next decade. Those rules are designed to slowly phase out gas- and diesel-powered products by banning the sale of most new combustible engines. But the rules governing railroads would ban the use of locomotives more than 23 years old starting in 2030 and would force railroads to start sett...