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

SIMA makes pre-budget recommendations to Indian govt

Textiles | On 22nd Jan 2018

SIMA makes pre-budget recommendations to Indian govt

Exemption of 5 per cent goods and services tax (GST) on raw cotton,...

Building of Ethiopian textile unit by Chinese firm starts

Textiles | On 22nd Jan 2018

Building of Ethiopian textile unit by Chinese firm starts

Chinese firm Wuxi No. 1 Cotton Mill will build a textile plant in...

Indian minister urges apparel industry for dumping data

Textiles | On 22nd Jan 2018

Indian minister urges apparel industry for dumping data

Indian textiles minister Smriti Irani recently urged the apparel...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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

January 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search