Africa’s fashion industry is booming, with funding a challenge: UNESCO

  • 📰 trtworld
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Currently valued at $15.5 billion worth of exports annually, the earnings from the continent's fashion industry could triple over a decade with the right investment and infrastructure, according to UNESCO Director-General Audrey Azoulay.

Models wear creations by Orire during the Lagos Fashion Week in Lagos, Nigeria, Oct. 26, 2023. / Photo: AP

With a young population of 1.3 billion people set to double by 2050, the continent’s fashion industry has also proven to be both “a powerful lever for the promotion of cultural diversity also a way to empower young people and women,” said Azoulay. Africa leads mobile device web traffic in the world, according to the US International Trade Administration. That has opened more market opportunities such that across Nigeria, for instance, young people on social media are steadily opening fashion brands.

In Nigeria and other parts of Africa, young fashion designers are hungry for success and are taking over the global scene, said the UNESCO director-general.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 101. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Africa’s fashion industry is growing to meet global demands: UNESCOA UNESCO report released during Lagos Fashion Week notes Africa’s fashion industry is growing rapidly to meet demand but that inadequate investment still limits its potential
La source: ABC - 🏆 471. / 51 Lire la suite »

Africa’s fashion industry is booming, UNESCO says in new report but funding remains a key challengeA new UNESCO report released at this year’s Lagos Fashion Week notes that Africa’s fashion industry is rapidly growing to meet local and international demands but a lack of adequate investment continues to limit its full potential. The continent’s fashion industry _ valued at $15.
La source: AP - 🏆 728. / 51 Lire la suite »