The Afreximbank in collaboration with the African Union invites the African Diaspora to participate in the upcoming Intra-African Trade Fair 2018, that will take place from 11th -17th December, 2018 in Cairo Egypt
The Rationale for the Trade Fair
Analysis by the African Export- Import Bank (Afreximbank) shows that one of the main reasons why intra-African trade is low at around 15% compared to Europe (59%), Asia (51%), and North America (37%) is because of lack of access to trade and market information. To address this challenge, Afreximbank decided to, among other initiatives, convene the Intra-African Trade Fair every two years to provide trade and market information and connect buyers and sellers from across the continent.
What IATF 2018 has to offer?
The Intra-African Trade Fair is the first of its kind in Africa, consisting of a 7-day trade show that provides a platform for sharing trade, investment and market information and enabling buyers and sellers, investors and countries to meet, discuss and conclude business deals. It provides an opportunity for exhibitors to showcase their goods and services, engage in Business to Business (B2B) exchanges and conclude business deals.
IATF provides a platform for entry into a single market of over one billion people joined together under the African Continental Free Trade Area.
Primary Objectives of the Intra-African Trade Fair
. To bring together continental and global players to showcase and exhibit their goods and services, and to explore business and
investment opportunities in Africa
. To serve as a marketplace where buyers and sellers of goods and services meet and explore business opportunities
. To provide a platform for B2B exchanges and development of business opportunities
. To share trade, investment and market information with stakeholders including investors, SMEs, the informal sector, Africans in
Diaspora, and to identify solutions to address the challenges affecting intra-African trade
For Afreximbank and other financial institutions, to share information about their trade finance and trade facilitation interventions that will support intra-African trade
To discuss topical issues affecting intra-African trade and provide practical and effective solutions
To deploy multi-country and multi-company pavilions that will serve as one-stop shop for intra-African trade and investment opportunities in Africa
What is Intra-African Trade?
Afreximbank defines intra-African Trade as the trade in goods and services between or among African countries and the flow of goods and services between Africa and Africans in the Diaspora. The scope of intra-African Trade has also been broadened to include informal cross border trade to enable the Bank to design special products and dedicate resources to formalize this trade.
For more information and registration please visit their website at : https://www.intrafricantradefair.com/
Please see attached video : https://www.youtube.com/watch?time_continue=4&v=EEcSWkhkPeg
For all questions and queries you may wish to contact:
Ms. Kemi Arosanyin
Director, Africa Trade Expansion Program
World Trade Center Miami
1007 N. America Way, Suite 500
Miami, FL 33132, USA
T: 305-871-7910 / M: 786-406-9384