PARIS – Africa’s fashion industry has the potential to increase the continent’s prosperity by 25 percent, but the burgeoning sector must overcome hurdles including a lack of investment and infrastructure, patchy intellectual property legislation and high fabric sourcing costs, a UNESCO report said on Thursday.
Presenting the report at Lagos Fashion Week, Audrey Azoulay, director general of the United Nations’ cultural agency, said the continent holds all the cards to become one of the next world fashion leaders, provided…
