Tag: Retail Markets

Shoppers browse racks of second-hand clothing at Lagos’s Katangua market, a major hub for used apparel.
BusinessLuxury

Inside Africa’s rising thrift trade and its million-dollar market

At a Glance Africa’s second-hand clothing economy is expanding at a pace that now rivals parts of the formal retail sector, reshaping how people shop and work across the continent. What began as a modest alternative for low-income households has grown into a consumer force anchored in some of Africa’s busiest open-air markets, from Nairobi’s Gikomba to Accra’s Kantamanto and…

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