Barclays Bank Mozambique awards prize for MFW 2018 Best Fashion Entrepreneurship project

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Barclays Bank Mozambique awards prize for MFW 2018 Best Fashion Entrepreneurship project

10:14 CAT | 12 Dec 2018

Photo: Supplied

As part of Mozambique Fashion Week, the country’s largest fashion event, Barclays Bank Mozambique awarded in Maputo last Tuesday the prize for Best Fashion Entrepreneurship project to a plastic waste recycling project which makes fabric for bags.

Unanimously selected by the jury consisting of Barclays Bank Mozambique PME’s Director, Tayob Ahmed, visual artist and poet Sónia Sultuane, and the representative of the Mozambique Fashion Week (MFW) organisation Sónia Ferreira, the Woogui project received a prize to help them overcome challenges and expand their business.

“Our bank believes in young entrepreneurs operating in the Mozambican market, with a trend towards greater growth, and we are aware that although they are still at an early stage, we recognise them as young people with great potential and talent,” said Tayob Ahmed, director for SMEs at Barclays Bank Mozambique.

Ahmed said the Woogui project stood out because of the raw material it used for the design of the products, its longevity in the market and, not least, its concern for the environment.

“Barclays Bank Mozambique hopes the award given to this project will contribute to the growth of the business and its profitability,” said Tayob Ahmed, saying that Barclays would follow the development of the Wacy Zacarias project, founder of the Woogui brand, closely.

Delighted winner of the competition Wacy Zacarias thanked the bank with the words: “Thank you very much to Barclays for the award. I am aware that excellent projects have been presented here and that the selection process has not been easy, so I would like to express my special thanks for the opportunity. This award will be very well applied,” she said.

“Woogui will continue to work to growing effect, and look for effective ways to work with communities, because in our view, fashion is not only beautiful but also has a power of social transformation. Through our art, we want to contribute to improving the lives of communities,” she added.

The Woogui bags are marketed in Mozambique and elsewhere, particularly in Portugal. Expansion to other markets in Africa and beyond is being actively investigated.

Source: Barclays Bank / Press Release