Messe Frankfurt has acquired Source Africa and ATF, two of Africa’s largest textile, apparel and footwear shows.
Messe Frankfurt has acquired Source Africa and ATF, two of Africa’s largest textile, apparel and footwear shows.

Source Africa and ATF (Apparel, Textile & Footwear Trade Exhibition, Capetown), two of Africa’s largest textile, apparel and footwear shows, have been acquired by Messe Frankfurt SA, a subsidiary of Messe Frankfurt.

Since its inception in 2013, Source Africa has been growing constantly and has become the most important annual pan-African textile, clothing and footwear trade event on the international calendar. 2018 will mark the 6th edition of the event.

Source Africa and ATF are founded and currently organized by trade show organizer LTE. This acquisition will supplement Messe Frankfurt’s current portfolio of textile related trade shows under the umbrella of ‘Texpertise Network’.

We believe that Messe Frankfurt South Africa possesses the resources, skills and experience, globally and with the help of our Texpertise Network, to grow these events further” says Konstantin von Vieregge, CEO of Messe Frankfurt SA.

William Scalco, Member at LTE explains: “The primary reason for Source Africa and ATF is to promote African made apparel, textiles and footwear and to encourage interaction between international and regional buyers, manufacturers and suppliers. The event also aims to boost investment into the region and ensure sustainable job creation within the sector”.

The show continues to enjoy the support and endorsement of a number of key government and private institutions, states Messe Frankfurt.

True potential to be untapped

The report “Africa is on the Move!” from McKinsey & Co. identifies a number of countries in Africa as key destinations for apparel, textiles and footwear. The list of countries mentioned includes: South Africa, Mauritius, Madagascar, Swaziland, Lesotho, Botswana, Ethiopia, Kenya, Uganda, Tanzania and Egypt.

Moreover, the renewal of the African Growth and Opportunities Act (AGOA) until 2025 gives another boost to the economy of African countries as it significantly enhances market access to the US for qualifying Sub-Saharan African (SSA) countries. While many countries are taking advantage of the Act, there are many that are still not realizing its true potential.

It is encouraging to note that South Africa has just signed the EACCOMESA-SADC Tri-partite agreement. The agreement will offer the advantage of reduced tariffs on goods traded between the tripartite countries and create new opportunities for intra-regional trade” adds William Scalco. “We firmly believe that Africa is ideally placed to take full advantage of these opportunities.”

Source Africa will be taking place at the Cape Town International Convention Centre (CTICC) from 20 to 21 June 2018. The 2017 ATF trade show will take place from 21 to 23 November 2017 at the CTICC in Cape Town, South Africa.