Prosper Africa and ANKA announced today the launch of the ANKA Growth Club, a transformative nine-month virtual accelerator program designed to boost African exports from the creative industries, including fashion, beauty, textiles, art, and home goods, to the United States.
Through this partnership, Prosper Africa will connect African brands with U.S. buyers to increase two-way trade and investment in these creative industries. The ANKA Growth Club is an activity under the Prosper Africa Buyer-Supplier Network.
High-growth companies in the African creative industries often face challenges in exporting products to international markets, such as lack of market access, technical knowledge gaps, and limited working capital. The ANKA Growth Club will provide more than 40 African brands with market access, industry networking, and mentorship opportunities, empowering them to boost their exports and establish a stronger presence in the U.S. market.
Prosper Africa’s market insights report, Investment and Partnership Opportunities in Africa’s Creative Industries, drew attention to the global recognition, growing demand, and investment and partnership opportunities in Africa’s creative industries.
“We recognize the tremendous potential in Africa’s creative industries from fashion to home goods to drive growth, foster prosperity, and create lucrative economic opportunities on both sides of the Atlantic,” said Lisa Walker, Prosper Africa Deputy Coordinator. “This buyer-supplier accelerator program will provide dynamic African entrepreneurs with the skills, tools, and market access to achieve scale.”
Source: Prosper Africa