The East African Community is a hidden gem

Even as headlines shriek about “Africa”s economy undergoing some form of turmoil or the other, increasingly, indepth focused reports point out that the East African Community is performing exceedingly well. “Africa”, it turns out, is a vast and diverse continent made up of more than 50 countries. The IMF said: …the multi-speed growth in the […]

Tailors, the overlooked actors of the value chain

According to Ibifagha Cookey, a Lagos-based financial analyst, custom-made apparel from self-employed tailors generates $8.2 billion annually out of the clothing industry’s $19 billion in sales. In other words, half of the earnings in the custom-made clothing industry in Nigeria is generated by tailors. This finding highlights two important points : • Tailors alone represent […]