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Textile and apparel buyer-seller meet
28
Apr '11
The USAID Southern Africa Trade Hub (SATH) will hold its next (invitation-only) textile and apparel buyer-seller meeting on June 20 and 21, 2011, in Cape Town. The primary objective of the Business to Business (B2B) meeting is to generate more business for Southern African textile and apparel producers. The event will match regional textile and clothing producers with international and regional garment retailers, brands and wholesalers.

Through linking manufacturers of textiles and garment trims with regional apparel manufacturers, the event will contribute to increasing intra-regional trade and value chain competitiveness.

Larger – in terms of employment and turnover – Southern African textile and apparel manufacturers who stand a realistic chance of doing business due to the number of matches with potential clients, will be invited to participate in the event. SATH is recruiting a range of international clothing buyers and retailers from Southern Africa, the United States, the European Union and Australia to attend.

United States Agency for International Development - USAID's Trade Hub textile and apparel B2B model involves a series of pre-arranged 30 minute meetings, arranged by SATH's industry specialists, between international apparel buyers, Southern African retailers, regional apparel manufacturers, and regional textile and garment trim suppliers. The 'matchings' are based on sourcing, outsourcing and sales needs of the participating companies. The “speed-dating on steroids” sessions, as past delegates have referred to the B2B event, provide a cost-effective and efficient platform for buyers, manufacturers and suppliers to explore and negotiate possible business relationships.

The 2010 B2B involved more than 400 meetings between 60 companies from 14 countries. It has been estimated that this last B2B has generated new trades in excess of US$10 million (and still climbing) with a further carry over from the 2009 B2B into 2010 of US$19 million. Previous B2Bs have also produced in investments in the region. This additional business has created additional jobs and stimulated the Southern African regional economy. This year's event anticipated more than 400+ serious business meetings that will likely produce major new trades that promote the region's economic growth and stability.

This year's event anticipated more than 400+ serious business meetings that will likely produce major new trades that promote the region's economic growth and stability.

USAID Southern Africa Trade Hub


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