>>
Home / Knowledge / News / Textiles / Trade incentives help in revival of African textile sector
Trade incentives help in revival of African textile sector
02
Aug '13
Several trade incentives available to the African countries including, African Growth and Opportunity Act (AGOA), the Cotonou Agreement with the European Union, and the Southern African Customs Union (SACU) agreement, help in the revival of the African textile and apparel industry.
 
The textile and apparel industry in Sub-Saharan Africa has high potential for investments mainly due to the duty free access to the traditional markets such as the US and the EU, according to industry representatives.
 
In a conversation with fibre2fashion, Mr. Rajeev Arora, executive director of African Cotton & Textiles Industries Federation, said, “There are several openings for investors to get involved in spinning, weaving, knitting, dyeing and finishing. This is in spite of the fact that many Sub-Sahara African states can use third country fabrics to make garments that they export to the US and the EU.” 
 
“Similarly, there are also opportunities to locate apparel manufacturing plants in selected Sub-Sahara African states,” he adds.
 
A recent research report by the Botswana Institute for Development Policy Analysis (BIDPA) states “Botswana’s textile and garment industry has benefitted from trade preferences and it did not perform well after the financial crisis in the US and the EU.”
 
Botswana established the textile and clothing industry during the period 1980-90 and the sector expanded rapidly as a result of the trade preferences available to it under the Southern African Customs Union (SACU) agreement, the Cotonou Agreement and the African Growth and Opportunity Act (AGOA).
 
The textile and garment sector of Botswana grew by making use of a number of policies including protective tariffs, quotas and export incentives. Furthermore, the preferential trade regimes put in place by the US, the EU and SACU were crucial to the economic growth and development of the country, the research report says.
 
According to the International Manufacturers Federation, the total apparel exports from Africa under the duty free quota free exports to the US in 2012 were about US$ 2 billion.
 
The official statistics from the US Department of Commerce states that Sub-Sahara African countries, including Lesotho, Mauritius and Kenya, exported textiles and garments worth US$ 815.310 million under AGOA in 2012.
 

Fibre2fashion News Desk - India


Must ReadView All

Pic: Dreamstime.com

Apparel/Garments | On 22nd Jan 2022

Dhaka, Berlin sign €20.15-mn pact to improve RMG workers conditions

Bangladesh and Germany have signed an agreement to support five...

Pic: Shutterstock

Apparel/Garments | On 22nd Jan 2022

UKVFTA brings positive results to bilateral trade: Vietnamese ministry

The recently effective UK-Vietnam FTA has led to positive outcomes,...

Pic: Shutterstock

Apparel/Garments | On 22nd Jan 2022

Cambodia approves new projects worth $1.9 bn, including 2 garment ones

The Council for the Development of Cambodia has approved 10 projects...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Liquidity is a primary issue in Indian context

Textile Industry, Head honchos

Textile Industry
Head honchos

Consistency is the first rule of social media

Textile Industry, Head honchos

Textile Industry
Head honchos

Hopeful that issue will be resolved by first half of 2022

Chendhuran Sundar,

Chendhuran Sundar

Headquartered at Singapore, Crocodile is a global fashion and lifestyle...

Amelia Adey,

Amelia Adey

The KOOKAI Australia and New Zealand story began in 1992 when Parisian...

Raiyan Islam,

Raiyan Islam

Founded in 1981 by Sayeeful Islam, Concorde Garments Group is a market...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

 Natacha Defeche, Edana

Natacha Defeche
Edana

Since 1971, EDANA, the International association serving the nonwovens and ...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll
Lenzing

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Anju Modi, Label Anju Modi

Anju Modi
Label Anju Modi

Filmfare Award winner for best costume designer,<b> Anju Modi </b>is...

Samant Chauhan, Label Samant Chauhan

Samant Chauhan
Label Samant Chauhan

Delhi based fashion designer, <b>Samant Chauhan</b> who mostly works on...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

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

ESTEEMED CLIENTS

Lisa S.P.A.
OVS Hong Kong Sourcing Ltd.
H;&M Hennes ;& Mauritz (Far East) Ltd
Vianney Textil Hogar S.A. De C.V.
The LYCRA Company Singapore  Pte. Ltd
Green Fibre
Gatsby Africa
TESCO INTERNATIONAL SOURCING LIMITED
Amazon China
Phong Phu international JSC (PPJ)
J ;& P Coats
Puma
Permoda(Koaj/Armi/Pronto/Bkul)
G-Star Raw C.V.
C;&A Sourcing International Ltd
Alison Hayes Romania
Vardhman Textile Ltd
Etam Group Strategy Hong Kong Limited
Target Corporation (MN)
Maceton Limited
Grasim Industries Limited
Aramark Uniform ;& Career Apparel, LLC
Brandix Lanka Limited
Huntsman (Singapore) Pte Ltd
PVH Corporation
Gap International Sourcing Limited
Sportswear Company Spa
Landmark Group
LC Waikiki
Helly Hansen Far East Ltd
International Textile Manufacturers Federation
Tchibo GmbH
Lacoste (Wanchai)
Alix Partners
Benetton Group
Bluestem Global Sourcing Limited
BIANCA
Hela Clothing Pvt Ltd
Gokaldas Exports Limited
Groz-Beckert East Asia LLP
Aquarelle Clothing Limited
Midas Clothing Limited
Chori Company Limited
Rosset ;& Cia Limited
Walmart
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Guess Europe Sagl,
Reiter India Private Limited
NITI Aayog
Restoque S.A.
Sainsbury's Argos Asia Limited
Hirdaramani International Export Private Limited
BIMBA ;& LOLA SL
Esprit Europe Services GmbH
Rayonese Textile Inc., Division de Culp Inc.
KAS Direct Sourcing
Under Armour Global Sourcing Ltd
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Lululemon Athletica Inc
Desigual - ABASIC, S.A.
Seasalt Limited
Calvin Klein
Varner AS Retail
Sateri (Jiujiang) Fiber Co.,Ltd
Decathlon
THE BOMBAY DYEING ;& MFG.CO. LTD
Gloria Jeans
Asos
Recron Polyester from Reliance Industries Limited
Lenzing Aktiengesellschaft
Boardriders Asia Sourcing Limited
IDH – The Sustainable Trade Initiative
Tory Burch Hong Kong Ltd
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Arvind Limited
Sportmaster Ltd.
Tommy Hilfiger
Cat Tuong Real Estate Group Joint Stock Company
Babyshop
SYNERGIES HONG KONG LIMITED
The Top Form Brassiere Manufacturing Company Limited
John Varvatos
Truetzschler India Private Limited
Chico’ FAS
Abit
Lifestyle
Page Industries Limited (Bangalore)
IKEA of Sweden AB
Eastman Chemical Company
MAS Active / MAS Kreeda / MAS Bodyline

January 2022

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


Advanced Search