Seated from (left to right): Mr. Chiza Charles Chiumya, representing Ambassador Albert Muchanga, Commissioner for Trade and Industry African Union Commission, Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade Bank – Afreximbank, H.E. Tayeb Zitouni, Minister of Trade and Export Promotion – Government of Algeria and Mr. Chawki Jaballi, Representing H.E. Wamkele Mene, Secretary General AfCFTA Secretariat.
Standing from left to right: H.E. Chief Olusegun Obasanjo, Chairperson of the IATF2025 Advisory Council and Former President of the Federal Republic of Nigeria, an official from the Government of Algeria and Joseph Ifebunandu, Senior Manager Legal, Afreximbank
The Host Agreement Signing Ceremony for the Intra-African Trade Fair 2025 (IATF2025) has held in Algiers in a ceremony, which was hosted by the African Export-Import Bank (Afreximbank), in collaboration with the African Union and the AfCFTA Secretariat, and the Government of the People’s Democratic Republic of Algeria. It paves the way for the fourth edition of the Intra-African Trade Fair to take place from 4 – 10 September 2025 in Algiers, Algeria.
Former President Olusegun Obasanjo, who is the Chairperson of the IATF2025 Advisory Council extolled the Intra-African Trade Fair as the go-to trade and investment event on the African continent. He added that “the IATF2025 Hosting Agreement represents more than just a contractual agreement; rather it symbolises a collective responsibility of the partners for excellence and innovation in continuing the tradition of the Intra-African Trade Fair, which has become established as the AfCFTA Marketplace and the go-to trade and investment event on the African continent. The IATF is now a foremost event in the African calendar of economic, social, trade and even policy events. It is in the passionate pursuit of these goals that Afreximbank in collaboration with the African Union Commission and AfCFTA Secretariat are championing the noble cause of changing the socioeconomic landscape of Africa by devising progressive initiatives aimed at promoting intra-African trade and continental integration.”
Kanayo Awani, Executive Vice President, Intra-African Trade Bank, Afreximbank, at the signing said “The Intra-African Trade Fair opens alternate routes for African trade. It has become the platform for actualising the AfCFTA vision. It expands and deepens knowledge of the continent’s trading environment and enhances the industrial capacity of African economies. Ultimately, IATF has become the engine accelerating trade and business flows within the continent. The last three fairs have generated combined trade and investment deals of no less than US$120 billion. To one who wonders what the US$120 billion represents, African businesses have found buyers in new markets across Africa, industries have found new sources of raw materials, investment and capital goods, government-to-government deals in critical sectors such as agriculture and agro-processing have been forged, and African contractors have won major government projects.”
The Ceremony was also attended by public and private sector institutions, African diplomatic corps, financial institutions, and trade and industry associations, and is intended to maximise awareness surrounding the upcoming IATF2025.
The Intra-African Trade Fair is the African continent’s premier trade and investment event and provides a unique opportunity for exhibitors to showcase their goods and services, engage in Business to Business (B2B) and Business to Government (B2G) exchanges, network, establish new business contacts and conclude business deals. The event also gives delegates the opportunity to hear actionable insights from an array of experts on a wide range of trade and investment topics and opportunities at the IATF Trade and Investment Forum. The event also offers opportunities for participants from the Diaspora, creative industries including gastronomy and the culinary arts, to attend and showcase their goods, services and expertise. In addition, there will be training workshops covering exporting, standards and marketing.
The highly successful third edition of the Intra-African Trade Fair (IATF2023) took place in Cairo, Egypt, from 9 – 15 November 2023, and attracted over 28,000 conference delegates, trade visitors and media, had 1,939 exhibitors from 130 countries, and witnessed US$43.8 billion of trade and investment deals being concluded.
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