Home / Knowledge / News / Fashion / African fashion will attract attention at AfDB meet
African fashion will attract attention at AfDB meet
16
May '17
Courtesy: African Development Bank
Courtesy: African Development Bank
Africa’s fashion industry will attract global attention at the 2017 annual meetings of the African Development Bank (AfDB), being organised during May 22-26, 2017 in Ahmedabad. This year’s annual meetings are focusing on transforming agriculture for wealth creation in Africa, and are expected to be attended by around 3000 experts and industry people.

Beautifully dressed models will walk the catwalk to show how African fabrics are inspiring more and more famous designers. By combining a fashion show and panel discussion, the India Fashionomics session will use the global value chains in textiles to illustrate possibilities for African agriculture-related industrialisation.

“Fashion is not just about design or inspiration. It’s also a multi-million dollar industry that creates millions of jobs, including in textile and clothing manufacturing,” says Emanuela Gregorio, gender specialist at the AfDB.

Through its fashionomics initiative, AfDB is supporting the development of creative industries that utilise products, especially cotton, in Africa. Through this initiative, AfDB is promoting investments in the fashion sector, increasing access to finance for entrepreneurs and incubating and accelerating starts-ups.

At a session on `Creating Wealth through Fashonomics’, experts and practitioners will discuss methods of promoting textile manufacturing in Africa which has mostly small and medium enterprises as the textile and clothing firms. It will also set agenda for how the involvement of African countries in the global textile industry could look like (from conception and design).

The Bank is investing in high-growth sectors that have the potential to promote economic empowerment and create 25 million jobs over the next decade. The Bank considers the creative industries as offering massive potential for continent-wide job and gross domestic product (GDP) growth. For instance, instead of exporting raw cotton, Africa needs to move to the top of the global value chain and produce garments targeted at the growing African and global consumers.

The textile/clothing market is already worth more than US$31 billion in Sub-Saharan Africa and accounts for the second largest number of jobs after agriculture, employing many women and young people besides men.

In Ethiopia, a pioneer in the textile industry in the region with more than 40,000 employees, salaries are three times lower than in Côte d’Ivoire and the cost of electricity remains low due to availability of hydropower, and inputs are affordably priced. It is expected that the textile clothing industry could generate 400,000 jobs in SubSaharan Africa alone and exports could double in the next 10 years. (SV)

Fibre2Fashion News Desk – India


Must ReadView All

'Requirement of polyester filament yarn is increasing'

Textiles | On 19th Jun 2018

'Requirement of polyester filament yarn is increasing'

The requirement of polyester filament yarn (PFY) is increasing as it...

Courtesy: SAC

Textiles | On 19th Jun 2018

SAC to release pilot of Higg Facility Social Labour Module

The Sustainable Apparel Coalition (SAC) will release this year a...

Courtesy: Ebay

Apparel/Garments | On 19th Jun 2018

eBay partners with Noon for e-commerce sales in Middle East

Noon, the $1 billion e-commerce venture backed by Dubai businessman...

Interviews View All

Top executives
Textile industry, India

The event should be organised every year

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search