Intra-African Trade Fair to help boost trade on the continent - Obasanjo

Former Nigerian President, Olusegun Obasanjo, expressed optimism and high expectations for the upcoming Intra-African Trade Fair during a session held in Abidjan. The Ivorian government's support for the event highlighted their commitment to fostering trade not only within their borders but also across the African continent. Obasanjo emphasized the significance of the trade fair, scheduled to take place in Cairo in December, as a groundbreaking initiative that will boost intra-African trade and economic growth. In a conversation with CNBC Africa, he shared his insights on the potential impact of the event and the opportunities it presents for African countries to strengthen trade relations. The Intra-African Trade Fair, set to be held in Cairo, Egypt, is poised to become a pivotal platform for advancing trade partnerships and collaborations across the continent. The event represents a unique opportunity for African nations to showcase their products and services, explore new business opportunities, and foster economic development. With the goal of promoting intra-African trade, the trade fair is expected to attract a diverse range of participants, including government officials, business leaders, and entrepreneurs. Obasanjo's endorsement of the trade fair underscores the importance of regional cooperation and economic integration in driving sustainable development in Africa. By facilitating trade flows and investment within the continent, the event aims to create a conducive environment for business growth and innovation. With Africa's growing population and expanding consumer market, enhancing intra-African trade has the potential to stimulate economic prosperity and reduce dependency on external markets. As preparations for the Intra-African Trade Fair gain momentum, stakeholders are optimistic about the prospects for increased trade volumes and enhanced market access for African enterprises. The convergence of diverse industries and sectors at the event is expected to spark new trade partnerships and pave the way for mutually beneficial collaborations. By fostering a culture of entrepreneurship and innovation, the trade fair aims to drive sustainable economic growth and expand opportunities for African businesses on the global stage. In conclusion, the upcoming Intra-African Trade Fair holds promise as a transformative event that will catalyze trade and economic development across the continent. With strong support from governments, private sector stakeholders, and international partners, the trade fair is poised to set a new benchmark for promoting intra-African trade and fostering regional integration. As Africa positions itself as a key player in the global economy, initiatives such as the trade fair will play a crucial role in unlocking the continent's vast potential and driving inclusive growth for all.