Industries

Industries

A transformative industry, building skills and infrastructure to accelerate the industrialisation of the region

Globally textiles and apparel generates more than $1.7 trillion annually and employs more than 300 million people. Thanks to preferential trade agreements, competitive manufacturing costs, improving infrastructure and locally available raw materials East Africa has become an increasingly attractive source destination for textiles and apparel.

Why Textiles & Apparel

It can create hundreds of thousands of jobs and improve incomes in the region.

The natural resources required for aquaculture such as clean fresh water, are in abundance

Commercial aquaculture in the region is young but the private sector shows dynamism and a keenness to invest.

There is increasing political buy-in.

There are strong opportunities for technology transfer and innovation.

"The textile and clothing industry can drive Africa’s industrial transformation and create some of the millions of jobs we need."

Africa Development Bank, 2018

Potential Industry Impact

By 2025

80,000

JOBS

$30Mn

FDI

$1.4Bn

EXPORTS

By 2030

200,000

JOBS

$750Mn

FDI

$2.7Bn

EXPORTS

Msingi Pathway

A compelling confluence of market demand, abundant natural resources and an early-stage industry with potential for large scale job creation

Aquaculture, the farming of fish and other aquatic organisms, is the fastest growing food sector globally. Farmed fish has the potential to fill the world’s rapidly growing protein gap more sustainably than any other traditional sources of animal protein.

Why Aquaculture

It can create hundreds of thousands of jobs and improve incomes in the region.

The natural resources required for aquaculture such as clean fresh water, are in abundance

Commercial aquaculture in the region is young but the private sector shows dynamism and a keenness to invest.

There is increasing political buy-in.

There are strong opportunities for technology transfer and innovation.

"Aquaculture, not the internet, represents the most promising investment opportunity of the 21st Century"

Peter Drucker, Management Consultant, Educator, and Author

Potential Industry Impact

By 2025

42,000

JOBS

$30Mn

INCOME

72,000Mt

5x CURRENT FISH PRODUCTION

By 2030

115,000

JOBS

$84Mn

INCOME

220,000Mt

15x CURRENT FISH PRODUCTION

Msingi Pathway