(Business in Cameroon) - Cameroonian company Fafinsa, which has been involved in the cotton industry for two decades, producing knitting threads sold in Cameroon and CEMAC countries, plans to enter the knitting and tailoring business.

The company has just committed to making significant investments in the procurement of knitting and tailoring machinery to produce baby clothes.

According to official figures, Cameroon’s cotton-textiles-tailoring sector only makes up 1% of the local apparel market. Most garments in circulation in the country are from Europe (second hand) and especially China (for new apparel).

Producing 240 tonnes of knitting thread, Fafinsa, which has reported 1.9 billion FCFA per annum in sales, plans to diversify its production and increase its sales in Cameroon by 15% in the medium term and also raise exports by 30% to 60% in CEMAC countries.