A UNESCO report unveiled at Lagos Fashion Week reveals that Africa’s fashion industry is on the fast track to meeting the demands of both local and international markets.
However, a major hurdle remains: a lack of substantial investment.
With an annual export value of $15.5 billion, the African fashion industry holds immense potential. According to UNESCO, the figure could triple over the next decade if the right investments and infrastructure are put in place.
Ejiro Amos-Tafiri, a prominent fashion designer, underscores the untapped opportunities, stating, “It’s dawning on people that Nigerian culture and the fashion industry hold a wealth of treasures.”
Fashion in Africa encompasses a wide spectrum, from clothing to textiles, accessories, and crafts, all deeply rooted in the continent’s rich culture.
According to Amos-Tafiri, “We are known for our social spirit, our vivacity, and our bold personalities. With all of this, fashion naturally becomes an integral part of our growth.”
The demand for African fashion brands is also fueled by the expansion of e-commerce, a point emphasized in the UNESCO report.
Africa takes the lead in global mobile device web traffic, creating extensive marketing opportunities. This has empowered young entrepreneurs across the continent, like Ozinna Anumudu, who founded her online fashion store, ozinna.com.
Anumudu comments, “Over the past decade, the Nigerian fashion industry has witnessed remarkable growth, largely driven by social media. Now, with a simple click, we see women in Australia and France purchasing Nigerian clothing. Thanks to social media, access to our fashion is just a click away.”
The annual Lagos Fashion Week, featuring designers from across the continent, acts as a platform for local brands, celebrating African culture and craftsmanship in various styles and colours.
Anumudu believes that “African fashion competes favourably with Western brands in terms of design and style. However, the industry must address production and financial capital challenges to establish a stronger global presence. The future of the Nigerian fashion industry holds promise as it strives to match its international counterparts.”
Source: Heritage Times