Home Exclusive Intra African Trade Fair: After UNESCO Confab In France, PMB Jets To S’Africa

Intra African Trade Fair: After UNESCO Confab In France, PMB Jets To S’Africa

by Our Reporter
President Muhammadu Buhari has left Paris, France, for Durban, South Africa at a special invitation of President Cyril Ramaphosa to join other African leaders at the opening ceremony of the second Intra-African Trade Fair (IATF) 2021 which begins tomorrow.
The event, holding from November 15 to November 21, is being convened by the African Export-Import Bank (AFREXIM) in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) secretariat.

According to a statement by presidential spokesman, Femi Adesina, fair with the theme; Building Bridges for a Successful AfCFTA,  aims at boosting trade and investment across the African continent. It also promises to create the enabling environment for businesses to thrive across the African continent; bring to fruition the lofty ideas behind the creation of the AfCFTA by providing the platform to further identify and proffer solutions to challenges militating against intra-African trade and; generate market information needed to connect buyers and sellers throughout the continent.

He said global businesses including non-African international brands are expected to key into opportunities generated by the fair, thereby attracting for the continent’s trade and investment deals worth $40 billion. Various Nigerian investors are already in Durban for the event.

The president is accompanied on the trip by the minister of foreign affairs, Geoffrey Onyeama; minister of industry, trade and investment, Otunba Niyi Adebayo; director general, National Intelligence Agency, Amb. Ahmed Rufai Abubakar and the executive director/chief executive officer of Nigerian Export Promotion Council,  Segun Awolowo.

Buhari is expected back on Tuesday.

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