Investing in Local Production Capacity to Keep Africa's Fashion Industry Alive

19 February 2021
Content from a Premium Partner
African Development Bank (Abidjan)

Emanuela Gregorio, coordinator of the African Development Bank's Fashionomics Africa initiative, recently sat down with Alan Kasujja, the presenter of BBC's Africa Daily podcast, to discuss how the Bank is boosting the continent's fashion industry.

The two also discussed the impact of second-hand clothing on local industries. Gregorio said investing in production capacity is crucial for the industry's survival.

https://www.bbc.co.uk/programmes/p0979byl

Launched in 2015, Fashionomics Africa promotes investment in the textile and fashion sector by leveraging data, information and communication technologies as drivers of development. It aims to increase entrepreneurs' access to finance while nurturing the business skills and digital tools for start-ups as well as micro, small and medium-sized enterprises (MSMEs).

We invite you to attend the upcoming Fashionomics Africa webinar, which will explore the opportunities the African Continental Free Trade Area offers African fashion entrepreneurs.

Read the original article on African Development Bank (AfDB).

Tagged:
Copyright © 2021 African Development Bank. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 600 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.