IATF- Intra African Trade Fair 2018
The Nigerian Export Promotion Council is coordinating Nigeria’s participation at the First Intra-African Fair (IATF). The fair will be hosted by the Arab Republic of Egypt, and will be taking place in Cairo from 11th – 17th December, 2018.
The Fair is being organized by the African Export and Import Bank (Afreximbank), in collaboration with the African Union(AU) to boost intra-African trade. Statistics put Intra – African trade at about 15% , which is due in part to lack of access to accurate real-time trade statistics and market information.
Objectives of the IATF
- 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 required to address the challenges affecting intra-African trade
- To Provide a Platform 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
The Nigerian Country Day
In addition to participating at the exhibition, Nigeria will be hosting a Country Day having won the bid as one of the five Countries selected by the organizers. The benefits of a Country Day would be tremendous as it would enable Nigeria to showcase its potentials in manufacturing, services, intellectual property rights and its investor-friendly policies.
Furthermore, Nigerian Companies in Manufacturing, Agro & Agro-allied, Financial Services, Entertainment, Digital Economy & Intellectual property, Oil & Gas, etc, will have the opportunity to showcase their products and services at the fair.
The event would also feature presentations from top government functionaries and captains of industries from across the continent, Busines to Business(B2B), Business to Government (B2G), BIF, etc.
Participation
Over one hundred and twenty (120) reputable exporting companies with potentials would be participating at the fair.
Expected outcomes
- Nigeria’s participation at the fair would bring about the following
- Increased awareness for Made-in-Nigeria products/services;
- Enhanced market intelligence;Increased export orders/contracts generated;
- Establish more contacts for joint venture agreements; dealership/distributorship within the continent and beyond.
- Expose Nigerian companies to international competitiveness and best practices.
- New markets for the Nigerian exportable products.
- Increased employment of youths in export oriented companies.
- Increased foreign exchange earnings.
For further information, visit www.intrafricantradefair.com/
