Is Africa becoming a new global fashion leader?
<p>There is a growing consumer trend on the continent for fashion Made-in-Africa, particularly among young people — the under-25s account for 50% of the continent’s total population — and among the burgeoning middle class — which already make up more than 35% of the population — opening up new consumer markets. Africa is also experiencing very rapid growth in the digital sector, which is facilitating intra-African trade and the emergence of young talent.</p>
<p>As evidenced by the 32 Fashion Weeks held each year, Africa is also brimming with talent in the fields of <em>haute couture</em>, crafts and clothing. A 42% increase in demand for African <em>haute couture</em> is expected over the next 10 years.</p>
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