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The global fashion industry is currently estimated at $1.8 trillion, with Africa's textile and clothing markets grossing a little over $36 billion. According to the AFDB report, Africa currently accounts for 1.9% of the global fashion industry. These poor statistics clearly elevate the question, “How does Africa take a key position in the global fashion industry?” Through the Cultural Fashion movement, opportunities abound for African fashion Elites to successfully compete in a global market for fashion.

The geometric increase in demand for African designs, styles, textiles, and garments is beyond the continent. Currently, in sub-Saharan Africa, the combined apparel and footwear market capacity is estimated at USD 31 billion. Fashion is a fundamental part of everyday life and a vital sector in the global economy.

Today’s biggest textile-producing countries are China and India. However, “made in Africa” is gaining traction globally. We’ve seen many established brands moving their production from Asian to African countries due to low cost of labor; Ethiopia positioning itself as a leader in developing a textile industry in East Africa.

This issue sheds light on selected African Elites that are breaking boundaries in Africa’s global Fashion and Beauty Industry. Chita Zulu, Zambian Jeweller; Dapo Osaji, a veteran Nigerian fashion designer and founder of Effeci; Kenya’s Wendia Gichuru - founder of Vivo Activewear; Ghana’s Anna Cole, the founder of Pernia Couture; Nigeria’s Shoemaker, Claudia Oputa, founder of HFactory; Kenyan-Rwandan Jewellery Elite entrepreneur- Umutoni THuku-Benzinge of Kaleidoscope Beauty; and many more!

At Business Elites Africa, we are purposed to tell the stories of Africa’s Elites in every sector. We reinvent brands, entrepreneurs and business leaders. We are determined to elevate the continent of Africa. We’ll use the instrument of story-telling to accelerate entrepreneurs and transform business thinking.

Business Elites Africa Magazine Description:

Business Elites Africa educates, empowers and inspires entrepreneurs, business owners and leaders throughout the continent of Africa. Delivers impactful, business-related articles that are:

Actionable. Timely. Instructive. Relevant.