Mali

From Gold Medals to Fair-Trade Cotton

Topics: Trade, Economic Development
Countries: Mali

Social entrepreneur Steven Redgrave gained renown by winning gold medals in rowing in five consecutive Olympics from 1984 to 2000. After retiring from competition, Redgrave was knighted in 2001, launched a line of men’s leisurewear and started a charitable trust focusing on educational and social needs in the UK.

In 2005 he visited Africa, and was moved to action by the poverty he observed. With the help of a major British retailer, Redgrave relaunched his clothing line, FiveG (short for "Five Gold"), as a 100-percent fair-trade enterprise.

In this video diary, produced by Fairtrade Foundation, we follow Redgrave as he visits a rural farming community in Mali that produces cotton for his products.

Thanks to fair trade, not only do these rural farmers receive a higher wage, but their community as a whole benefits as well. The video explains how the community receives what is called a "social premium" that is used for community development projects, including a new health center and a primary school.

For an in-depth look at fair-trade cotton, check out this analysis from the Center for Strategic and International Studies in our archives.


Breaking News

Rising energy costs eroding Asia's competitive edge

International Herald Tribune - Fri, 07/04/2008 - 04:10
Much of Asia's export-based economic miracle has been predicated on cheap transportation and energy, but with oil at $140 a barrel the sums increasingly don't add up.

Weather plays larger role in global fuel prices

Yale Global Online - Wed, 07/02/2008 - 21:00
As the world grows more reliant on crops like corn and palm oil for its fuel supply, it is becoming vulnerable to the many hazards that can damage agriculture, ranging from droughts to plagues to storms.

Agriculture needs green growth

All Africa - Thu, 07/03/2008 - 03:54
Caution needs to be exercised in developing African food production to avoid long-term social and environmental harm.

Bush asks for help, abroad and at home, in sending aid to Africa

New York Times - Wed, 07/02/2008 - 22:15
President Bush called for Congress to renew his global AIDS initiative and urged other nations to live up to their promises to fight poverty and disease on the continent.

Egypt fights to stem rapid population growth

International Herald Tribune - Fri, 07/04/2008 - 10:28
Since President Hosni Mubarak took office in 1981, the population has nearly doubled to 82 million people.

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