Browsing: fashion industry in africa

The fashion industry in Africa riding a crest of a wave in 2022. www.theexchange.africa
  • According to data from Euromonitor International, the combined apparel and footwear market in Sub-Saharan Africa is estimated to be worth well over US$31billion
  • The much-anticipated landmark show at the Victoria and Albert Museum in London will narrowly focus on the flourishing African fashion industry
  • The Victoria and Albert Museum exhibition will run from 2nd July 2022 to 16th April 2023, taking the world on a fashion safari tracing the history of fashion

The business of African fashion is riding on the crest of a wave in 2022, especially with the much-anticipated landmark show at the Victoria and Albert Museum in London; that will narrowly focus on the flourishing African fashion industry, featuring 45 designers from over 20 countries, showcasing 250 pieces of the continent’s crème de la crème.  It’s projected to be a game-changer that will put the continent on the global map, broaden the investment pool of …

african fashion

Africa’s fashion industry is a potential gold mine with the capacity to grow into a billion dollar industry. The fashion industry worldwide is estimated to be worth over $1.5 trillion. With the resources and creative minds in Africa, there is enormous capacity to take a more significant piece of this pie. Africa’s fashion scene is anchored on a vibrant culture and the mix of color, texture, and bespoke designs that make African fabric. From the traditional to the contemporary, African designers have an impeccable creative eye.  

The industry has gained recognition on the international stage. For instance, African designer Deola Sagoe has dressed famous music stars like Rihanna. This points to the significant potential that can be realized to transform the fashion industry into a lucrative economic sector. 

Young people must be groomed to realize the untapped potential that lies in the sector. It is particularly pertinent for young