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Egypt to Host the Third Edition of Intra-African Trade Fair

Egypt is set to host the third Intra-African Trade Fair, attracting participation from 75 countries and 1,600 exhibitors. Anticipated trade and investment deals are expected to reach up to $43 billion.
19.09.23 | Source: EgyptToday

Egypt has announced its commitment to hosting the third edition of the Intra-African Trade Fair. This event is said to be expecting up to 75 countries' participation and is set to house around 1,600 exhibitors. The Trade Fair's aim is to facilitate trade and investment deals and is forecasted to foster agreements amounting to a significant $43 billion. This important event is coordinated by the African Export-Import Bank (Afreximbank) in collaboration with the African Union and the secretariat of the African Continental Free Trade Agreement, and is expected to take place from November 9 to 15, 2024. Significant discussions were held between Minister of Industry and Trade Ahmed Samir and a delegation from Afreximbank to finalize the preparations for the event and arrangements for the all-important opening ceremony and hosting agreements were amongst the details covered. Minister Samir emphasized the exhibition's goal of boosting intra-African trade and magnifying the abundant investment opportunities the continent has to contribute. Egypt, having a prominent regional and global position, has pledged its ample support to the event's organizers, all participating countries, and the companies involved. As the host, the country is also aiming to illuminate the potential resources that the African continent can offer. In hosting the third edition of the Intra-African Trade Fair, Egypt solidifies its position as an instrumental player in promoting trade and investment throughout Africa. The exhibition will serve as a platform for African nations to nurture economic cooperation, strengthen regional relations, and harness the extensive potential for growth across the continent.