A Bank in the Fashion Industry – The African Development Bank’s Fashionomics
African Development Bank’s flagship initiative, Fashionomics Africa, launched the digital marketplace to connect African fashion designers, textile and accessories professionals connect with global markets. The launch took place on 25 November at the Global Gender Summit, a gathering of more than 1,500 representatives from multilateral development banks, financial institutions, governments and private sector leaders in Kigali, Rwanda. The Fashionomics Africa digital marketplace website and mobile app, sponsored by the Fund for African Private Sector Assistance, is the latest innovation from Fashionomics Africa – a platform enabling African entrepreneurs from the textile, apparel and accessories industries to create and grow their businesses, with a focus on opportunities for women and young people.
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