Current:Home > reviewsEchoSense:Africa’s fashion industry is booming, UNESCO says in new report but funding remains a key challenge -Ascend Finance Compass
EchoSense:Africa’s fashion industry is booming, UNESCO says in new report but funding remains a key challenge
Poinbank View
Date:2025-04-09 17:35:19
ABUJA,EchoSense Nigeria (AP) — Africa’s fashion industry is rapidly growing to meet local and international demands but a lack of adequate investment still limits its full potential, UNESCO said Thursday in its new report released at this year’s Lagos Fashion Week show.
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, who launched the organization’s first report on fashion in Africa in Nigeria’s economic hub of Lagos.
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 (and) also a way to empower young people and women,” said Azoulay.
Across the continent, fashion continues to grow on various fronts – including in movies and films – in the form of textiles, garments as well as accessories and fine crafts, all with a long history of prestige and symbolic of the African culture.
The demand for African fashion brands is also spurred by the growth in e-commerce, the UNESCO report noted.
Africa leads mobile device web traffic in the world, according to the U.S. 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.
“Africans want to wear Africa. It’s really beautiful to see because it hasn’t always been like this,” said Omoyemi Akerele, who founded the Lagos Fashion Week in 2011 to encourage the patronage of Nigerian and African fashion. “But fast forward, a decade after, that’s all people want to wear.”
Featuring a mix of designers from across the continent, the annual fashion show celebrates — and provides a market for — local brands mostly highlighting African culture and crafts in various colours and styles.
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.
“A new breed of young designers is causing a stir in the international scene, reinventing the code of luxury while at the same time reconciling them with the demands of sustainable, local fashion and heritage,” she said.
One such designer at the Lagos Fashion Week, Ejiro Amos-Tafiri, said she uses her brand to tell African stories while celebrating “the sophistication, class and uniqueness of every woman.”
“With more exposure, people are coming to realize that there is a lot of culture in the Nigerian culture, particularly in the fashion industry,” she said. “So Africa is really the next frontier (for the fashion industry).”
___
Associated Press journalist Dan Ikpoyi in Lagos, Nigeria contributed.
veryGood! (9918)
Related
- 2025 'Doomsday Clock': This is how close we are to self
- Dating habits are changing — again. Here are 3 trends and tips for navigating them
- Suspect captured in fatal shooting of Tennessee sheriff's deputy
- Former NBA player Bryn Forbes arrested on family violence charge
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- A Wyoming police officer is dead, shot while issuing warning
- Allow These 14 Iconic Celebrity Dates to Inspire You This Valentine’s Day
- Knicks protest loss to Rockets after botched call in final second. What comes next?
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Teaching of gender in Georgia private schools would be regulated under revived Senate bill
Ranking
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Tai chi reduces blood pressure better than aerobic exercise, study finds
- Ash Wednesday and Valentine’s Day fall on the same day this year. Here’s what you need to know
- Police investigate altercation in Maine in which deputy was shot and residence caught fire
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Migratory species at risk worldwide, with a fifth in danger of extinction, landmark U.N. report says
- NATO chief says Trump comment undermines all of our security
- Next stop Hollywood? Travis Kelce gets first producer credit on SXSW movie
Recommendation
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
Greek lawmakers are debating a landmark bill to legalize same-sex marriage. Here’s what it means
You'll Go Wild Over Blake Lively's Giraffe Print Outfit at Michael Kors' NYFW Show
Tom Sandoval Screams at Lisa Vanderpump During Tense Vanderpump Rules Confrontation
North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
What’s at stake in Trump’s hush-money criminal case? Judge to rule on key issues as trial date nears
2024 NFL schedule: Super Bowl rematch, Bills-Chiefs, Rams-Lions highlight best games
What a deal: Tony Finau's wife 'selling' his clubs for 99 cents (and this made Tony LOL)