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Disrupting Idea needed for Improving Africa's Research Contribution

Today, Africans are the architects of their development, not just beneficiaries. The new model for development  is focussing on partnerships — with African governments, businesses, universities and civil society. But Africa will continue to be held back if we do not immediately invest in research and development. It was agreed at the African Union Heads of State summit in 2006 that African governments should target 1% of their GDP spending on research and if that target is not met continent’s development will be stalled. We must join hands with strong and credible international partners to invest in local research. Without funding and the necessary regulatory environment and policies, the benefits of the scientific results emanating from research work won’t be harvested. As private university college we fully support the same and has already taken significant steps to catalyze the growth. Africa as a continent is growing with fast pace. Astute international in...

$2.1 trillion Global Apparel Market by 2025: Decoding opportunities for African Apparel Industry

Introduction Apparel and textile are among of the worlds largest industries.The global fashion apparel industry has surpassed the market size of US$1 trillion since 2013, now it represents nearly 2% of the world GDP, and almost 75% of world’s fashion market is concentrated in Europe, USA, China and Japan. Between 2007 and 2013 the market increased with an average annual growth of 5.1%. Currently, womenswear accounts for 50.0% of the global demand while the remaining market share is divided between menswear (34.5%), clothing accessories (3.9%), babies' garments (2.8%), gloves and mittens (2.3%), headgear (2.0%), other garments (4.1%) and parts of garments and clothing accessories (0.5%). Brazil, China, Italy, Japan and the United States represent the largest apparel markets while the strongest annual growth is forecast to occur in Tanzania (17.5%), Bangladesh (14.3%), Ethiopia (13.4%) and Cambodia (13.1%). What is Fashion Industry? As per britanica.com, Fashi...