East African Business Conference to Galvanize Synergies of Textiles Industry Players

Entry Date Oct 16 2017 // News

East African Business and Entrepreneurship Conference to Galvanize Synergies of Textiles Industry Players

Linking the Local Cotton ,Textile and Apparels Industry to the untapped Markets in the Region

Arusha, Tanzania: October 16th , 2017:  Cotton production, processing and trade is highly influenced by policies of major producing countries, through price support, tariff protection, production subsidies and stock piling that destabilize cotton prices.

The competitiveness of cotton industry in EAC is faced by challenges such as low yields, ginning overcapacity, low ginning out-turn ratio and inefficient value addition.

“Value addition in the cotton and textile Industry into innovative aesthetic accessories, interior designs and fashion can create more jobs opportunities in the EAC, as only 15% of EAC cotton is processed locally, while 85% is exported in form of lint to other countries.” said Ms. Lilian Awinja EABC CEO.

The high export of cotton in form of lint to other countries can be turned in to a raw material base for textile and apparel manufacturing in the region.

The 2nd East African Business and Entrepreneurship Conference & Exhibition scheduled to take place on 14th – 16th November 2017 in Dar es salaam Tanzania; will provide a platform to create synergies and links between the local cotton and textile industries with local suppliers and fashion designers in bid to propose an action plan outlining the policies and modalities to promote the sector performance, productivity and quality.

“As the region works on a phase out approach of imported second hand clothes, it is a high time that EAC countries embarked on manufacturing affordable , attractive, locally sourced, quality apparels.” said Ms. Lilian Awinja EABC CEO.

Alongside the conference, a gala dinner and fashion show will be held to showcase the variety of designs in the region and encourage the people of East Africa to proudly consume local products so as to strengthen the creation of local value chains.

“The African fashion and design industry has already moved into the spotlight on the international market.” said Ms. Lilian Awinja EABC CEO.

Key fashion & textiles industry players such as Mr. Sunny Dolat from HEVA Fund and Mustafa Hassanali, Swahili Fashion Week are expected to discuss on building synergies between the local cotton and textile industry to the untapped markets in the region.

The conference will also host session highlights on Information Communication Technology, Urbanization, Cotton and Textile, Patents and Copyrights in the Creative Industry, Trade and Gender, Health, agri-business, E-Commerce plus a “Start-up Corner” in bid to boost entrepreneurship and attract investments in the region. In addition, the East African Diaspora will be strongly engaged to amplify investment into the region. The simultaneous exhibition will give participants the possibility to present themselves and serve as points of contact for their organizations and businesses.
Registration for attendance is open, for full details on the 2nd East African Business and Entrepreneurship Conference and Exhibition 2017 including Concept Note and Provisional Program Visit http://eabc-online.com/entrepreneurship/

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Notes to Editors

About 1st East African Business and Entrepreneurship Conference and Exhibition
The 1st East African Business and Entrepreneurship Conference and Exhibition was held from the 10th to 13th October, 2016 in Nairobi, Kenya; under the theme “Scaling up the Spirit and Bonds of Integration through Entrepreneurship”, more than 300 participants from 14 countries took the opportunity to discuss entrepreneurial trends, investment opportunities and existing constraints for businesses in East Africa Region. See: https://www.youtube.com/watch?v=DgV3TeHp1nw

About East African Business Council (EABC)
The East African Business Council (EABC) is the apex advocacy body of business associations of the Private Sector and Corporates from the East African Countries. It was established in 1997 to foster the interests of the Private Sector in the Integration process of the East African Community.

EABC vision is to be a dynamic apex body of the private sector in the East African Community, in fostering sustained economic growth and prosperity in the region.

Being the representative of Private Sector associations in the region, EABC was granted observer status in organs and activities of the East African Community (EAC). EABC therefore participates in various sectoral meetings, meetings of the Coordination Committee, Council of Ministers   Meetings and the Summit of the EAC Heads of State; with a view to ensuring that the agenda of the Private Sector is well articulated and received by the policy makers. Website: www.eabc.info

For more information please contact:
Ms. Lilian Awinja – Chief Executive Officer
The East African Business Council (EABC) - The Voice of Private Sector in East Africa
P. O. Box 2617 | Plot No. 01 | Olorien House | Perfect Printers Street | Arusha | Tanzania
Tel: +255 (27) 2543047 Fax: +255 272543047 Cell +255 758 124 318
Email:  info@eabc-online.com Website: www.eabc.info

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