$1.0 Tn
Market Size
3-4%
CAGR
$1.3 Tn
Forecast
Africa boasts a vibrant fashion scene with a growing demand for textiles. Invest in weaving the fabric of Africa's future fashion trends! From traditional textiles to modern designs, fuel Africa's dynamic fashion industry.
Africa boasts a vibrant fashion scene with a growing demand for textiles. Invest in weaving the fabric of Africa's future fashion trends! From traditional textiles to modern designs, fuel Africa's dynamic fashion industry.
$1.0 Tn
Market Size
3-4%
CAGR
$1.3 Tn
Forecast
Africa's textile industry is on the cusp of a remarkable transformation, weaving a compelling narrative for foreign investors. A surging population projected to reach 2.5 billion by 2050, coupled with rising disposable incomes, is fueling a massive demand for apparel and textiles. Rapid urbanization fosters a fashion-conscious generation eager for diverse styles, creating a market receptive to a wider range of textile products.
Despite being a major cotton producer, contributing roughly 10% of global cotton production, Africa remains heavily reliant on imported textiles and finished garments. This presents a significant gap for foreign investors to bridge by establishing local production facilities, capitalizing on a competitive labor force and Africa's proximity to key markets . The implementation of the African Continental Free Trade Area (AfCFTA) further unlocks a vast regional market for locally produced textiles, creating a win-win situation for investors and African economies alike.
Zones Industrielles de Cote d'Ivoire (ZIC), is a Public Private Partnership (PPP) between Arise IIP and the Republic of Cote d'Ivoire, spread over 440 Ha at PK-24 (24 KM from the economic capital of Abidjan). The Government's objective for setting up an Industrial Zone with Arise IIP, is to promote the manufacturing growth of CIV and to ensure the processing of the abundant agricultural commodities.
The Glo-Djigbe Industrial Zone (GDIZ) is located just 45 km from Cotonou and is dedicated to the local transformation of agricultural product including cotton, cashews, pineapples, shea nuts and soybeans, among others.
PIA is a vertically integrated industrial zone, focused at creating thriving value chains for storage, processing, manufacturing, and export. Strategically located on the backbone of Lome - Burkina industrial corridor, PIA offers the best entry to the ECOWAS and landlocked region of West Africa.
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