UNDP and Lagos Boost Global Market Access for Fashion

On a recent Friday, the United Nations Development Programme (UNDP) and the Lagos State Government convened to promote access to global markets for the fashion and leather industries. Lagos State Governor Babajide Sanwo-Olu emphasized the need for stronger investment and financial support to help transform Africa's creative industries into significant job and export drivers.

Despite the region's abundant talent, entrepreneurs face challenges in accessing finance and business networks. Akinyemi Ajigbotaf, representing the Lagos State Government, highlighted efforts to build an ecosystem that enables businesses to grow and connect with new buyers beyond Nigeria.

Elsi G. Attafuah, UNDP Resident Representative in Nigeria, noted the potential of the fashion and leather sectors to create jobs and strengthen manufacturing.

Ahunna Eziakonwa, UNDP Assistant Secretary-General and Regional Director for Africa, stressed the importance of access to finance and technology for entrepreneurs to scale their businesses and compete internationally. The event aimed to spotlight opportunities for collaboration among government, financial institutions, and the private sector to enhance the creative economy.