MOA signed to boost US-Africa apparel trade
24/01/2014
The alliance will promote Africa as a reliable sourcing destination for international buyers and explore opportunities to promote US trade and investment in Africa.
ACTIF chairman Jaswinder Bedi said: “Africa is poised to make great strides in economic development in this decade with our combined GDP growing by 60% by 2020.”
The plan is to expand US-Africa cooperation through the exchange of market and import/export policy information, guidance on requirements and best practices, and the promotion of joint solutions to address market constraints.
“Sub-Saharan Africa is a growing player in the global apparel and footwear marketplace,” said AAFA executive vice-president Steve Lamar.
ACTIF, based in Kenya, represents the cotton textile apparel value chain of 24 sub-Saharan countries.
The AAFA represents more than 1,000 US brands, and sees itself as the public policy and political voice of the apparel and footwear industry, its management and workers.
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