With strong interest in the sector from consumers & investors, robust entrepreneurial activity, and a range of conducive factors, Africa appears to be a ripe market in the medium- and long-term.
Global interest in African fashion continues to rise, and innovators are leveraging the internet's reach to execute a variety of business models.
Entrepreneurs & investors thrive by serving the needs of Africa's informal sector and the opportunity remains large.
While access to capital is still a widespread issue in Africa, these ventures successfully raised significant amounts (US $500,000+) so far in 2017.
Africa's fragmented markets are problematic for consumers and producers but present opportunities for savvy innovators to create & capture value using platform business models.
Many enterprises in China, India, & other Eastern markets have developed successful yet unique business models. Read why innovators in Africa should be paying attention.