East African Business Conference to Galvanize Synergies of Textiles Industry Playerscontentadmin
East African Business and Entrepreneurship Conference to Galvanize Synergies of Textiles Industry Players
Linking the Local Cotton ,Textile and Apparels Industry to the untapped Markets in the Region
Arusha, Tanzania: October 16th , 2017: Cotton production, processing and trade is highly influenced by policies of major producing countries, through price support, tariff protection, production subsidies and stock piling that destabilize cotton prices.
The competitiveness of cotton industry in EAC is faced by challenges such as low yields, ginning overcapacity, low ginning out-turn ratio and inefficient value addition.
“Value addition in the cotton and textile Industry into innovative aesthetic accessories, interior designs and fashion can create more jobs opportunities in the EAC, as only 15% of EAC cotton is processed locally, while 85% is exported in form of lint to other countries.” said Ms. Lilian Awinja EABC CEO.
The high export of cotton in form of lint to other countries can be turned in to a raw material base for textile and apparel manufacturing in the region.
The 2nd East African Business and Entrepreneurship Conference & Exhibition scheduled to take place on 14th – 16th November 2017 in Dar es salaam Tanzania; will provide a platform to create synergies and links between the local cotton and textile industries with local suppliers and fashion designers in bid to propose an action plan outlining the policies and modalities to promote the sector performance, productivity and quality.
“As the region works on a phase out approach of imported second hand clothes, it is a high time that EAC countries embarked on manufacturing affordable , attractive, locally sourced, quality apparels.” said Ms. Lilian Awinja EABC CEO.
Alongside the conference, a gala dinner and fashion show will be held to showcase the variety of designs in the region and encourage the people of East Africa to proudly consume local products so as to strengthen the creation of local value chains.
“The African fashion and design industry has already moved into the spotlight on the international market.” said Ms. Lilian Awinja EABC CEO.
Key fashion & textiles industry players such as Mr. Sunny Dolat from HEVA Fund and Mustafa Hassanali, Swahili Fashion Week are expected to discuss on building synergies between the local cotton and textile industry to the untapped markets in the region.
The conference will also host session highlights on Information Communication Technology, Urbanization, Cotton and Textile, Patents and Copyrights in the Creative Industry, Trade and Gender, Health, agri-business, E-Commerce plus a “Start-up Corner” in bid to boost entrepreneurship and attract investments in the region. In addition, the East African Diaspora will be strongly engaged to amplify investment into the region. The simultaneous exhibition will give participants the possibility to present themselves and serve as points of contact for their organizations and businesses.
Registration for attendance is open, for full details on the 2nd East African Business and Entrepreneurship Conference and Exhibition 2017 including Concept Note and Provisional Program