Durban, 20 November 2021: The second Intra-African Trade Fair 2021 (IATF2021) featured exhibitors from a range of sectors in participating countries showcasing a variety of products and industries covering both industrial trade and the creative economy. Some of the entrepreneurs that stood out with their exhibitions included Mr. Monageng, a small-scale designer from the Northern
Automotive Sector Experts Urge Policy Reform to Boost Africa’s Annual Vehicle Production to 5 million
Durban, 20 November 2021: Increasing the number of vehicles produced in Africa requires the implementation of policy changes and access to finance, Ebrahim Patel, Minister of Trade and Industry and Competition of South African, has said in Durban, South Africa. Speaking during a discussion on the automotive sector at the second Intra African-Trade Fair (IATF2021),
The Creative Africa Nexus (CANEX) Summit kicks off on Day 5 of IATF 2021
Durban, 20 November 2021 – The Creative Africa Nexus (CANEX), a programme put in place by the African Export-Import Bank (Afreximbank) to support Africa’s creative and cultural industries debuted with great fanfare on Friday 19th November setting the stage to revolutionize the continent’s untapped talents. Designed specifically for African creatives including digital innovators and experts,
Afreximbank positions creative industry as a major tool for Africa’s GDP growth
Prof Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank at the opening of the CANEX Summit on 19 November in Durban, South Africa. Launch of Creative Africa Nexus (CANEX) Sets Durban Ablaze! Durban, 20 November 2021 – Africa’s creative industry represents a potent instrument that could grow the GDP of African
IATF2021 Conference Makes Way for CANEX
Durban, 19 November 2021 – The IATF2021 Conference segment of the second Intra-African Trade Fair (IATF2021), ended on 18 November 2021 in Durban, South Africa, with African Export-Import Bank hailing the contribution of the trade fair to addressing the challenge of African businesses transacting business with counterparts within the continent. In a closing statement, Amr
Afreximbank expands its support for African trade with new multi-million-dollar commitments made at IATF2021
Durban, 19 November 2021 – African Export-Import Bank (Afreximbank) on 18 November 2021 in Durban, South Africa, further consolidated its position as a leader in funding the development of trade infrastructure across Africa with the signing of four major business transactions on Day Four of the Intra-African Trade Fair 2021 (IATF2021). In a transaction with
AFREXIMBANK COMMITS US$250 MILLION SEED CAPITAL FOR SUB SOVEREIGN GOVERNMENTS
Durban, 19 November 2021 – African Export Import Bank (Afreximbank) has committed US$250 million as seed capital towards the establishment of an African Sub Sovereign Governments Network. Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank made the announcement yesterday during an inaugural conference of the Sub Sovereign Governments at the
Zimbabwean Companies Sign Deals worth over $188 Million With Afreximbank at IATF2021
Durban, 19 November 2021 – African Export-Import Bank (Afreximbank) has signed financing agreements with four Zimbabwean entities for a total of US$188,600,000. The deals, concluded during the second Intra-African Trade Fair (IATF2021) currently taking place in Durban, were agreed on Tuesday and Wednesday. The trade fair opened on 15 November in Durban and runs until
Silverbird Group and AAA Entertainment Sign $50 Million Deal at IATF
Silverbird Group and AAA Entertainment are entering into a partnership to develop and produce a slate of cinematic African feature films on the continent. AAA Entertainment will bring to the partnership an experienced film development, financing and production team, facilities and partnership network, while Silverbird Group brings its cinema exhibition and distribution infrastructure and experience
President Obasanjo Advocates for Made-In-Africa Brand to Instill Pride in African products
Durban, 18 November 2021 – The third day of the Intra-African Trade Fair 2021 (IATF2021) ended with a clarion call by former Nigerian President Olusegun Obasanjo for the creation of an emblematic Made-in-Africa brand that will promote intra-African trade and boost the international export of African products. Speaking during a conversation session that marked the
Afreximbank signs US$1.04 Billion deal with NNPC at IATF2021
Durban, 17 November 2021 – African Export-Import Bank (Afreximbank) has signed a $US1.04 billion facility with the Nigerian National Petroleum Corporation (NNPC) to finance the exploration of petroleum. The agreement was concluded yesterday in Durban during the second intra-Africa trade fair, which opened on 15 November and runs until 21 November. The transaction comprises
IT’S COTE d’IVOIRE FOR IATF2023
Durban, 16 November 2021 – Cote d’Ivoire has been announced as the host for the third edition of the Intra-African Trade Fair in 2023. Former President Olusegun Obasanjo, Chairman of the IATF Advisory Council while announcing the success of the West African Country’s bid, thanked His Excellency President Alassane Ouattara of Cote d’Ivoire for putting