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OUR VISION
CONSTRUCTING
A HIGH-ROAD FUTURE INDUSTRIAL ECONOMY
THAT UNITES, TRANSFORMS, RESPECTS ITS ECOLOGICAL LIMITS AND ACHIEVES A HIGH QUALITY OF LIFE AND WELL-BEING FOR ALL AFRICANS."
THE INDUSTRIALIZATION MODEL
The GFVC AFRICA ecosystem model for industrialization was established in 2016 with the intention of implementing the principles of Industry 4.0 and circular economy. The model was developed in response to the challenges faced by the continent, which include the need for integrated value chain industrialization development ecosystems, a non-political global voice for the Pan-African Fashion Value Chain, and industry 4.0 disruptions.
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The model's goal is to unlock the full benefits of industrialization and create new value for the value chain. It provides opportunities for new local activities, millions of jobs, corporate profits, technology diffusion, and chances to generate public revenues. Integrating into the GFVC AFRICA through the High-Road Growth Partnership Labs and the SMART GFVC AFRICA SUMMIT is an exceptional opportunity for each Pan-African state to seize a more significant share of these benefits and accelerate its industrialization with the support of this resilient global infrastructure.
THE FRAMEWORK
The GFVC AFRICA Ecosystem envisions a prosperous and inclusive economy that uplifts impoverished communities and workers across Africa. This framework is a comprehensive plan for implementing, monitoring, and evaluating our shared aspirations towards a high-wage and high-road economy that benefits everyone equally.
WHO WE WORK WITH
Collaboration is at the heart of all we do. From traditional leaders, governments, civil society to international development organizations, foundations, advocates, industry experts, researchers, academic and finance institutions - we mobilize every part of society to advance organizational goals.
THE GFVC MARKET
It is the commitment of the federal GFVC AFRICA to realize the potential of a competitive Pan-African GFVC Economy that brings sustainable change to the continent's 1.9% global manufacturing output, and inclusive growth in the social, environmental, and economic dimensions.
SUB-SAHARAN AFRICA OPPORTUNITY
1.136 billion
POPULATION
1991-2020
(SOURCE - WORLD BANK)
200 million
YOUTH POPULATION
AGE: 15 - 24
(SOURCE-WORLD BANK)
72.6 million
UNEMPLOYMENT
1991-2020
(SOURCE - WORLD BANK)
60%
OF THE UNEMPLOYED IS YOUTH
(SOURCE-WORLD BANK)
+30 million
LIVING IN EXTREME POVERTY
(2020-STATISTA)
GLOBAL OPPORTUNITY
7.9
billion
POPULATION
3,384.1
billion
LABOR FORCE
6.57%
UNEMPLOYMENT RATE
USD
10.926
GDP PER CAPITA
GFVC AFRICA believes that all human beings have equal value. We believe that true individual freedom cannot exist without economic security and independence; and that culture and cultural heritage, are the fundamental determinants of what makes our lives meaningful.
VALUE OPPORTUNITY
USD
3
trillion
APPAREL
CAGR: 6.2%
(2021 - 2025)
USD
36
billion
CIRCULAR APPAREL
CAGR: 3%
(2021 - 2026)
USD
157.98
billion
FAST FASHION
CAGR: 8.5%
(2021 - 2028)
USD
594.6 billion
TEXTILE
CAGR: 6.8%
(2020 - 2025)
USD
3.6 billion
SMART TEXTILE
CAGR: 18%
(2020 - 2027)
USD
24.3 billion
TEXTILE CHEMICALS
CAGR: 4%
(2021 - 2026)
USD
46.5
billion
LINGERIE
CAGR: 8.5%
(2021 - 2031)
USD
235.5
billion
FOOTWEAR
CAGR: 3%
(2021 - 2026)
USD
45
billion
LUGGAGE
CAGR: 7%
(2021 - 2026)
USD
158
billion
EYEWEAR
CAGR: 8.5%
(2021 - 2028)
USD
8.8
billion
PROTECTIVE CLOTHING
CAGR: 6.9%
(2020 - 2025)
USD
361.7
billion
SPORTS & FITNESS CLOTHING
CAGR: 7.04%
(2020 - 2026)
USD
40.6
billion
WEARABLE TECHNOLOGY
CAGR: 13.8%
(2021 - 2028)
USD
34.2
billion
LUXURY JEWELLERY
CAGR: 8.9%
(2021 - 2025)
USD
110.6
billion
LUXURY FASHION
CAGR: 5.6%
(2020 - 2026)
USD
759.5
billion
ONLINE FASHION RETAIL
CAGR: 7.18%
(2021 - 2025)
USD
68.8
billion
SMART RETAIL TECH
CAGR: 24.9%
(2021 - 2026)
USD
5.9
million
TEXTILE MACHINERY
CAGR: 9.1%
(2021 - 2026)
USD
2.0
billion
DIGITAL TEXTILE PRINTING
CAGR: 14.8%
(2020 - 2030)
USD
13.8
billion
3D PRINTING
CAGR: 21%
(2020 - 2028)
DATA SOURCES: WORLD BANK; RESEARCH AND MARKETS; STATISTA; THREDUP; H&M FOUNDATION; CISION PR NEWSWIRE; MACROTRENDS
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The UN General Assembly has explicitly and repeatedly addressed the fundamental need for industrialization on the African continent. Examples include the third industrial development decade for Africa, which was adopted in the UN General Assembly1 (A/RES/70/293) on 25 July 2016, reaffirming the importance of supporting Africa’s industrialization efforts on its path towards inclusive and sustainable economic growth and accelerated development. Other examples include the 2030 Agenda for Sustainable Development.
IN THE NEWS
