Egypt to host the third edition of Intra-African Trade Fair

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Mon, 18 Sep 2023 - 03:47 GMT

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Mon, 18 Sep 2023 - 03:47 GMT

CAIRO - 18 Septemer 2023: Minister of Industry and Trade, Ahmed Samir, recently met with a delegation from the African Export-Import Bank (Afreximbank) led by Kanayo Awani, Vice President of the Bank. The purpose of the meeting was to finalize preparations for the highly anticipated third edition of the Intra-African Trade Fair, which will be hosted by Egypt.

In collaboration with the African Union and the secretariat of the African Continental Free Trade Agreement, Afreximbank is organizing the trade fair, set to take place from November 9 to 15, 2024. The event is expected to attract participation from 75 countries and feature 1,600 exhibitors. It is projected to facilitate trade and investment deals amounting to $43 billion.

During the meeting, Minister Samir and the delegation discussed various details regarding the exhibition, including arrangements for the opening ceremony and the signing of hosting agreements. The minister emphasized the exhibition's objective of boosting intra-African trade and highlighting the vast investment opportunities across the continent.

Egypt, with its prominent regional and global position, is keen on providing extensive support to the organizers, participating countries, and companies involved in the event. The exhibition aims to showcase the wealth of resources and potential that the African continent has to offer.

As Egypt takes on the role of hosting the third edition of the Intra-African Trade Fair, it solidifies its position as a key player in promoting trade and investment within Africa. The event serves as a platform for African nations to foster economic cooperation, strengthen regional ties, and unlock the immense potential for growth and development across the continent.

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