KwaZulu-Natal to host 2nd intra-African trade fair

KwaZulu-Natal Province is expected to host the 2nd Intra-African Trade Fair (IATF2021) at the Inkosi Albert Luthuli ICC from November 15-21, 2021.

A high-level delegation, led by former Nigerian President Olusegun Obasanjo, will travel to the province on Thursday for a signing ceremony. The ceremony will be preceded by roadshows in Johannesburg and Cape Town.

These will take place as follows:

• September 14, 2021 – Johannesburg Roadshow at the Four Seasons Hotel in Westcliffe from 9:00 am.

• September 15, 2021 Cape Town Roadshow – at the Radisson, Waterfront from 9:00 am.

• September 16, 2021 Signing ceremony in Durban ICC from 2:00 pm followed by the Roadshow at 4:00 pm.

Obasanjo is the Chairman of the Advisory Board of IATF2021.

He will be joined by the Prime Minister of KwaZulu-Natal Sihle Zikalala; the chairman of Afreximbank, Prof. Benedict Oramah; African Union Commissioner for Economic Development, Trade, Industry and Mines, Albert Muchanga; ZLECAf Secretary General Wamkele Mene; KwaZulu-Natal MEC for Economic Development, Tourism and Environmental Affairs Ravi Pillay and eThekwini Municipality Mayor Mxolisi Kaunda at the signing ceremony.

The Advisory Board will discuss the preparatory arrangements and review the progress made so far.

The COVID-19 pandemic has been identified as one of the main factors that will determine how the event takes place this year.

IATF2021 is positioned as a unique and valuable platform for businesses to explore an integrated African market of over 1.2 billion people, with a combined GDP of over $ 2.5 trillion created under of the African Continental Free Trade Agreement.

As such, the theme of this year’s event is “Building Bridges for a Successful AfCFTA: A Clear Focus on a Single Market for Goods and Services in 55 Countries which aims to boost trade and investment”.

The KwaZulu-Natal IAFT2021 event is expected to generate more than $ 40 billion in trade and investment deals, involving more than 5,000 conference attendees, 10,000 visitors and buyers, and more than 1,100 exhibitors.

The event is organized by the African Import-Export Bank (Afreximbank) in collaboration with the African Union (AU) and the African Continental Free Trade Area (AfCFTA) Secretariat and hosted by Durban, KwaZulu-Natal .

(With contributions from the South African government press release)

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