AFRICA HAS POTENTIAL TO RIVAL ASIA AS SOURCING HUB, BUT SHOULD LEARN FROM ASIA’S SUCCESSES AND FAILURES
March 8th, 2015
Africa is emerging as a viable, even strong, sourcing alternative to Asia, but Africa still needs to learn significant lessons from its rival on establishing a strong sourcing hub, say industry experts.For instance, sub-Saharan suppliers should note how Asia’s garment and textile industry is well-coordinated and integrated regionally, with strong inter-country links. Simply put, the region will “need to allow an African-grown version of [Hong Kong’s] Li & Fung [Ltd] to emerge if it wishes to become a sourcing hub,” Dr Patrick Conway, department chair ...
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