AfDB opens application For fashion entrepreneurs in Fashionomic Africa competition, With $20k for each winner

Africa Development Bank (AfDB) is empowering African fashion entrepreneurs and designers with an incubator programme. The eight-week programme will involve training, a pitch event and cash prizes. Four finalists would clinch the top prizes of $20,000 each after eight weeks’ training. The Fashionomic initiative by AfDB is to increase Africa’s involvement in the global textile, apparel and accessory market and value chains. The goal is to support the expansion of the micro, small, and medium-sized businesses that dominate this industry by providing them with access to markets, market intelligence and funding opportunities. Women-owned fashion businesses would get top priority for women-owned businesses in the programme, according to the bank’s call for proposals. Google announced on September 6, 2022, that . . .