Purchase For Africa Presentation 5. 0

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    Purchase For Africa Presentation 5. 0 - Presentation Transcript

    1. Purchase for Africa Empowering Africa through Socially Conscious Buying The Whitaker Group
    2. What is Purchase for Africa? Purchasing program of African-manufactured apparel for export to the U.S. to help reduce poverty. Provides HBCU students with choices to purchase African-manufactured apparel, including t-shirts, jeans and jackets, from campus stores. This single act of purchasing from African manufacturers will provide income, jobs, hope & opportunity -- to the poorest people of the world -- who live in Africa.
    3. People Helping People
      • Reduces Poverty in poorest countries in the world
      • Creates socially conscious buying power among HBCUs on international level
      • Maintains jobs for women workrkers caring for extended families, many infected with HIV/AIDS
      • Stirs potential African student interest in attending HBCUs
    4. Why Should HBCUs Care?
      • Africa is the only region of the world getting poorer
        • HBCUs can help change this paradigm
      • Propels HBCUs as key players in U.S. Trade Agenda
      • Increases socially-conscious buying and potentially increases sales in campus stores
    5. African Americans’ Impressive Purchasing Power 2007 : $845 billion up 166% in 17 years (1990: $318 billion) 2012 : $1 trillion (projection) 1 African American Teenage Consumers: Spend almost $96 more than U.S. teens 2 ] “ Source : [1] University of Georgia’s Selig Center for Economic Growth www.magazine.org [2] Ibid (magazine.org)
    6. Trade-Led Development in Africa
        • Africa Growth & Opportunity Act (AGOA)
          • AGOA is a preferential program allowing most all African products to be imported into U.S. without duties and quotas from 40 sub-Saharan countries.
          • AGOA was designed to help create jobs and economic development in Africa
            • 300,000 jobs created in Africa since 2000
            • $86.1 billion annual exports under AGOA
          • African countries’ eligibility for AGOA is based on commitments to:
            • Political Pluralism
            • Rule of Law
            • Workers Rights
        • Success Stories: Lesotho and Uganda
    7. Success & Hope Lesotho & Uganda Ethnically Sewn – Ethically Worn
      • Lesotho Apparel Industry
        • 39,000 factory workers
        • 85% women are heads of households supporting 5 extended family members
      • Uganda Cotton Sector
        • 52,000 involved in cotton production
        • High quality organic cotton
    8. Africa Needs You Build on Common Heritage Join in Fighting Poverty Create New Historical Footprint
    9. Moving Forward
      • Commit to increase African-made clothing in HBCU student stores by:
      • 20% by 2010
      • Communicate directly with sourcing agents in Africa via Purchase for Africa program
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