September 11, 2018

Intra-African Trade Fair, Cairo 2018

The Intra-African Trade Fair (IATF) 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.

Preparations for the first-ever Intra-African Trade Fair (IATF), to be held in Cairo in December 2018, entered into full force on March 20, 2018 in Kigali, Rwanda, with the signing of the hosting agreement among the African Export-Import Bank (Afreximbank), the African Union and the Government of Egypt.

The hosting agreement was signed by Dr. Benedict Oramah, President of Afreximbank; Albert Muchanga, African Union Commissioner for Trade; and Sherine El Shorbagy, Chief Executive Officer of the Export Development Authority (EDA) of Egypt, during a ceremony held as part of activities marking the launch of the African Continental Free Trade Area (AfCFTA).

According to Dr. Oramah, the Intra-African Trade Fair, being organized by Afreximbank, in collaboration with the African Union and hosted by Egypt, would bring together more than 1,000 exhibitors from across Africa and beyond and would attract more than 70,000 visitors, generating in excess of $70 billion in trade 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

  1. To bring together continental and global players to showcase and exhibit their goods and services, and to explore business and investment opportunities in Africa
  2. To serve as a marketplace where buyers and sellers of goods and services meet and explore business opportunities
  3. To provide a platform for B2B exchanges and development of business opportunities
  4. 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
  5. For Afreximbank and other financial institutions, to share information about their trade finance and trade facilitation interventions that will support intra-African trade
  6. To discuss topical issues affecting intra-African trade and provide practical and effective solutions
  7. 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.

Targeted sectors

Sectors the Fair covers include SMEs in agribusiness, manufacturing, services, wood products & handicrafts, garments and textiles, machinery among other sectors.

In Ghana, the Ministry of Trade and Industry is coordinating the participation with Ghana Export Promotion Authority (GEPA), leading the ministry to export-ready businesses and companies. For enquiries regarding the Fair, exporters can speak to GEPA through the following persons;

Joyce Tawiah Baah Boamah
Tel.: 0244-533270 | Email.: jtbaah@gepaghana.org

Joyce Owusu Kwarteng
Tel.: 0244-720593 | Email.: jkissi@gepaghana.org | kissijoyce@yahoo.com

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