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<p>Egypt played host to the 3rd edition of the 2023 Intra Africa Trade Fair where trade and investment deals worth about $43.7 billion were sealed, an amount slightly higher than initial projections. Over 1900 exhibitors from 130 countries were in attendance at the trade fair in Cairo. You can watch the highlights of the 2023 Intra Africa Trade Fair on CNBC Africa.</p>


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Highlights Special of the 2023 Intra Africa Trade Fair

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<p>Trade in Africa has grown modestly in recent decades, expanding from 49 per cent of GDP in 2000 to 53 per cent by 2019, according to the International Monetary Fund’s 2023 report on Trade Integration in Africa. This Focus On episode gives an overview of African trade and some of its unique challenges as we scope the CIIE, AGOA, and the IATF &#8211; three trade forums that all occurred in November.</p>


Focus On: Exploring trade integration in Africa


<p>This content was supplied by the IATF</p>



<p>A city that’s synonymous with innovation and creativity, Kigali, Rwanda plays host to this year’s Intra-African Trade Fair (IATF) – the only pan-African B2B cross-sector trade fair. Focusing on the newly launched African Continental Free Trade Area (AfCFTA), the week-long event promotes trade and investment across 55 countries. Major African traders, political stakeholders, buyers, investors, entrepreneurs and product manufacturers will join forces from 1 to 7 September 2020 to drive growth through unrivalled business opportunities.</p>



<iframe loading="lazy" width="560" height="315" src="https://www.youtube.com/embed/gVJvJcf88sc" frameborder="0" allowfullscreen="" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture"></iframe>



<p><strong> Location, location</strong></p>



<p>Situated in the heart of Rwanda, Kigali is buzzing with possibility and African charm. Home to countless creative startups and tech hubs and supported by a promising investment climate, the dynamic and progressive capital is the perfect setting for the key event boosting trade in Africa – the IATF 2020.</p>



<p>Innovation aside, ‘the land of a thousand hills’ also boasts picturesque views with rolling green hills and valleys. Stretching into Rwanda’s countryside, Kigali offers visitors plenty of outdoor escapes with over 430 000 hectares of forests and four national parks. Those seeking adventure can climb Mount Kigali — the highest of Kigali’s hills — to experience panoramic views of the city.</p>



<p>And for those who enjoy immersing themselves in the culture of a brand-new city, Kigali celebrates creativity and passion through thriving art, trade, coffee and restaurant scenes. Visitors are spoilt for choice when it comes to interesting art galleries, including the humble Niyo Art Gallery – a Rwandan home that has been transformed into a colourful museum for local works. A percentage of profits go to the Niyo Cultural Centre, which shelters and educates street children. For local goods and tasty food, the Kigali Culture Village provides a dedicated space for local artisans and food vendors. From charming fair-trade coffee shops to creative fusion restaurants, visitors can also treat their taste buds to real Rwandan java and delightful dishes.</p>



<p>Rapid development in the city has seen the creation of several new shopping malls, collaborative office buildings and entrepreneurship hubs like Norrsken Kigali – started by Sweden’s Norrsken Foundation to drive technology developments across the region. An acclaimed convention centre has also been constructed – IATF 2020 will host over 5 000 participants, 10 000 visitors and buyers, and 1 100 exhibitors at the state-of-the-art Intare Convention Arena. </p>



<p><strong>Travel options</strong></p>



<p>Kigali International Airport (KGL) is in Kanombe, a few kilometres outside of the city centre. Well connected to other major airports in Africa and cities across the world, including Amsterdam, Brussels, Dubai, Istanbul, London and Tel Aviv, IATF attendees can fly into Rwanda with ease. National carrier RwandAir is recognised as one of the safest and fastest-growing airlines on the African continent.</p>



<p>Road travel into Rwanda is another viable option, especially for those wanting to take in the natural beauty of the country. Sharing land borders with Burundi, the DRC, Tanzania and Uganda, attendees can opt for independent taxis or privately-run buses spanning the entire country.</p>



<p>Interested in learning more or registering for the event? Explore the IATF experience at <a href="https://www.intrafricantradefair.com/en">www.intrafricantradefair.com/en</a>. </p>


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Visit vibrant Kigali for the inspiring IATF 2020


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<p>With seven days of live performances, expert speakers, special cultural highlights and an unprecedented list of exhibitors this year, you will want to delve into everything IATF2020 has to offer. </p>



<p>The biggest trade fair event in Africa, IATF brings together more professionals under one roof than any other event of its kind on the continent. This year, the theme is “Building Bridges for a Successful AfCFTA” focusing on the African Continental Free Trade Area (AfCFTA), a market for goods and services across 55 countries, and paving the way for Africa to better achieve its economic and social goals.</p>



<p>Taking
place in Kigali, Rwanda, on 1 to 7 September, over one billion people will
showcase and exhibit their goods and services, while exploring business and
investment opportunities in Africa.</p>



<iframe loading="lazy" width="560" height="315" src="https://www.youtube.com/embed/pWYuaA7LuAE" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen=""></iframe>



<p>With stakeholders
that include investors, SMEs, and the informal sector, IATF2020 has become the
ideal platform to address the challenges affecting intra-African trade and
provide practical and effective solutions to overcome these challenges.</p>



<p>The
inaugural IATF2018, which took place in Cairo, Egypt, was an enormous success,
garnering US$32 billion in trade and investment deals with more than 1 000
exhibitors and 2 500 conference delegates from over 45 countries.</p>



<p>This
year, IATF2020 will surpass the success of previous years by providing a
platform for businesses to access an integrated market of over 1.2 billion
people with a GDP of over US$2.5 trillion created under the African Continental
Free Trade Area.</p>



<p>IATF2020
does not only serve as a marketplace where buyers and sellers of goods meet,
but also as a business matchmaker, enabling exchanges from business to business
and business to government and political stakeholders.</p>



<p>Additionally,
the IATF2020 Conference will feature leading African and international speakers
who will discuss a variety of topics surrounding African trade and investment
opportunities. There will also be training workshops covering exporting,
standards and marketing.</p>



<p>This
year, visitors and exhibitors will also get to enjoy work from the greatest
creative minds on the continent during the Creative Africa Exchange. The
initiative showcases Africa’s creative economy through music, film, fashion,
and a creative Africa summit.</p>



<p>IATF2020
will host art and craft exhibitions with magnificent pieces that have never
been displayed together before. Visitors will be able to engage with the
artists and craftspeople, and find out how art is leading the way in the
cultural industries.</p>



<p>Traders
who are unable to make it to Rwanda for IATF2020 can still log onto the
IATF2020&nbsp;<a href="https://www.intrafricantradefair.com/en/virtual-trade-fair" target="_blank" rel="noreferrer noopener">Virtual Trade Fair&nbsp;</a>and
showcase goods, services and investment opportunities on the interactive online
platform. The Virtual Trade Fair connects exhibitors and visitors from all
sectors, and provides a platform for delegates and non-attendees to connect in
real-time during the event and for the rest of the year after the Trade Fair
has concluded.&nbsp;</p>



<p>With
exhibitors from all over Africa and beyond, businesses across the public and
private sectors, and SMEs to multinational corporations, IATF2020 simply cannot
be matched anywhere else.</p>



<p>Make
valuable business connections and accelerate your reach into African markets at
IATF2020. </p>



<p>To
register and get more information, visit the IATF website at <a href="https://www.intrafricantradefair.com/en" target="_blank" rel="noreferrer noopener">intrafricantradefair.com/en</a></p>


3526_IATF_Februray_CNBC Africa Website Banner_Version1

IATF is the biggest trade fair event in Africa, here’s what it has to offer

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<p>CNBC Africa caught up with Zanela Sanni, Chief Director for Trade and Invest Africa at the DTI to discuss the future of expanding their exports of value added products to Africa. The hope of the department of trade and industry is to ensure that mining technologies as well as agro processing products are effectively exported throughout Africa.</p>


SA looks to expand exports on value added products across the continent

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<p>Following the conclusion of the first-ever Intra-Africa Trade Fair in Cairo, Egypt, Albert Muchanga, the Commissioner for Trade and Industry at African Union joined CNBC Africa’s Godfrey Mutizwa to highlight the gains of the event.</p>


Assessing the gains of the Intra-Africa Trade Fair


<p><strong>By &nbsp;AFRICA BUSINESS NEWS</strong></p>



<p><em>The Intra-Africa Trade Fair held in Cairo this week opens opportunities for African countries and businesses to make connections and establish trade ties. The Provincial Government of KwaZulu-Natal is there to promote investment opportunities in the province. </em></p>



<p><strong>CAIRO, DECEMBER 14, 2018:</strong> Investment opportunities in the province of KwaZulu-Natal (KZN) were placed firmly on the table at high-level panel discussion hosted in Cairo, Egypt, on Thursday morning.</p>



<p>Speaking at the event, Ina Cronje, Chairperson of the Board of Trade and Investment KZN said: “We’re on the eastern seaboard on the Indian Ocean. Our coastline is close on 600 kilometres long, with two major harbours, or seaports. We also have a state of the art international airport, which is very good for cargo. Then we also have two strategic economic zones &#8211; one is placed at the Dube Trade Port and the one at the Richards Bay Harbour. And there are great incentive, tax breaks, for investors who are interested in going there.”</p>



<p>Bringing together South African and International business people alongside the Intra-Africa Trade Fair held in Cairo, the breakfast aimed to highlight the variety of investment and tourism opportunities in KwaZulu-Natal.</p>



<p>CNBC Africa anchor Godfrey Mutizwa moderated the discussion with panellists Treasure T. Maphanga, Director of the Department of Trade and Industry for the African Union Commission; Humphrey Nwugo, the Regional Chief Operating Officer Southern Africa for Afreximbank; Vusi Mavimbela, the South African Ambassador to Egypt; Zanele Sanni, Chief Director of Trade Invest Africa; and Ina Cronje, Chairperson of the Board of Trade and Investment KZN.</p>



<p>Investment opportunities in KZN can be found in the following sectors: Tourism and Property Development. Logistics Services, Medical and Pharmaceutical Production and Distribution, Electronics Manufacturing and Assembly, Aerospace and Aviation-linked manufacturing and related services,Agriculture and agro-processing, Aluminium conversion and fabricated products,Automotive Parts and Components, Film, Media and Entertainment, and Metals Beneficiation.</p>



<p>The province also boasts a large labour pool, diverse cultures, the
ideal position to be the trade gateway to Africa, highly competitive land and
building costs, world-class transport and tele-communications infrastructure,
advocacy and lobbying for investor incentives; and an idyllic climate and
lifestyle.</p>



<p>There is also the vibrant ICT sector with techno parks and innovation
hubs, and opportunities in manufacturing, renewable and clean energy, medical
tourism and healthcare. </p>



<p>Placing KwaZulu-Natal within the framework of the South Africa economic landscape, Zanele Sanni, Chief Director of Trade Invest Africa, commented: “Along the side-line of the Intra-Africa Trade Fair, what we would do as national government is to provide support to would-be investors from Egypt who would be interested in coming to KZN.”</p>



<p>“We have incentives along the competitive cluster that would help investors to locate there, but additionally when the investor is then located in South Africa, where we have, on the continent, the largest number of multi-national corporations, we also have a mandate of helping South African and African traders to then broaden their goods into the rest of the continent. For instance, under the SADC Protocol we would then facilitate specific missions to go out into the specific regions and back the specific incentives that we provide,” added Sanni.</p>



<p>According to Treasure T. Maphanga, Director of the Department of Trade and Industry for the African Union Commission, the opportunities for linking the continent are greater now than ever before. “The journey has been long, but now we are at a very exciting point. From where we sit at the African Union,our leaders have committed and recommitted themselves to integrating the continent and I think the missing link is that we were doing so working primarily with the governments. The Agenda 2063 comes with the very fresh impetus that says this framework, this vision, is really a vision that has been taken up by everybody on the continent,” added Maphanga. “I’m very excited being here talking about KZN &#8211; the opportunities are there for the provincial levels, for the cities to connect, for the national governments to connect. But I think the locomotives who are going to do this is going to be the privatesector.”</p>



<p>The fact that Egyptian South African Trade is at relatively low levels is “an indictment to all of us. But there are real issues to overcome,” said Vusi Mavimbela, the South African Ambassador to Egypt. “One of them is the distance. Another is that for a longest of time the Egyptian investment has been concentrated in the Middle East. So the outlook of Egyptian business was to look more for investment from that side because it is easier, the language is the same, the culture is the same &#8211; there is also not a lot of investment coming from the rest of Africa into Egypt. So to overcome this, South African business must look at investing in Egypt and to encourage Egyptians to invesin South Africa.”</p>



<p>Long-standing traditional ties have been developed between South Africa– including KwaZulu-Natal – and its top trading partners and other important focus markets. South Africa is growing increasingly as a trading partner for the European Union, and is a full member of the World Trade Organisation. </p>



<p>As a member of the Southern African Development Community (SADC), it offers trade opportunities within Southern Africa.</p>



<p>“Trade between African countries doesn’t amount to 15% of total African trade. In Europe it’s up to about 60%. In the Americas it is about 40% or 50%,”commented Humphrey Nwugo, the Regional Chief Operating Officer Southern Africa for Afreximbank, adding that this imbalance had to be rectified. “Between Cote d’Ivoire, Ghana and Nigeria, we export 70% of the global cocoa output. But then our contribution to the value chain is less than 2% globally. So what we’redoing in effect is we export jobs, we export opportunities to other countries.So why can’t we begin to process some of this within Africa and then develop value here?”</p>



<p><strong>FOR INVESTMENT OPPORTUNITIES IN KWAZULU NATAL PLEASE VISIT <a href="http://www.tikzn.co.za/">http://www.tikzn.co.za/</a> </strong></p>



<p><strong>ABOUT TRADE &amp; INVESTMENT KWAZULU-NATAL (TIKZN)</strong></p>



<p><strong>TIKZN</strong> is a South African trade and inward investment promotion agency,established to promote the province of KwaZulu-Natal as an investment destination and to facilitate trade by assisting local companies’ access international markets.</p>



<p>The organisation came into being following the national government’s decision to divest investment promotion to the provinces, rather than retaining it as a national function as had previously been the case. Internationally, the Department of Trade &amp;Investment promotes the country as an investment destination, whereas Trade&amp; Investment KwaZulu-Natal presents a seamless trade and inward investment promotion for, specifically, KwaZulu-Natal. </p>



<p>The agency is equipped with the professional expertise and experience as well as national and international networks geared to maintaining and growing KwaZulu-Natal’s competitive advantage as a premier investment destination and leader in export trade.</p>


KZN promotes investment opportunities during IATF in Cairo

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<p>The Tony Elumelu Foundation has championed and made real investment in African entrepreneurs across the continent. Speaking to CNBC Africa at Intra-African Trade Fair in Cairo, founder Tony Elumelu, highlighted the importance of cross-continental collaboration.</p>


Tony Elumelu speaks on the importance of cross-continental collaboration

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<p>Simon Tiemtore, Chairman of Vista Bank Group says the on-going Intra-Africa Trade Fair is a huge opportunity to promote trade on the continent. He discussed this and more with CNBC Africa’s Godfrey Mutizwa.</p>


IATF offers so much promise for Africa to trade with itself – Vista Bank Chair

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<p>Phindile Makwakwa, Acting Chief Executive Officer, Tourism Kwa-Zulu Natal spoke to CNBC Africa about business tourism in the province and hosting the next Intra-African Trade Fair.</p>


Durban is ready to host the next Intra-African Trade Fair – Tourism KZN’s Phindile Makwakwa

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<p>On the side-lines of the ongoing Intra Africa Trade forum in Cairo, Egypt, Bassem Loukil, CEO of Loukil Group described the forum as a Business-to-Business opportunity to study and put forward all pending problems associated with trade within Africa. He discussed this and more with CNBC Africa’s Christy Cole.</p>


IATF a huge opportunity for African businesses to trade – Loukil CEO

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<p>CNBC Africa’s Godfrey Mutizwa caught up with Sihle Mkhize, Deputy Director General of Industry Development and Business Regulation for the KwaZulu-Natal Province on investment opportunities to lookout for in the province.</p>


Sihle Mkhize on investment opportunities in KwaZulu-Natal

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<p>On the side-lines of the on-going Intra-Africa Trade Forum in Egypt, CNBC Africa’s Christy Cole caught up with Olukayode Pitan, Managing Director of the Bank of Industry and he spoke on the strategies to managing statistical discrepancies in intra-African Trade.</p>


Managing discrepancies in intra-Africa trade

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<p>On the side-lines of the on-going Intra-Africa Trade Forum in Egypt, CNBC Africa’s Christy Cole caught up with Pat Utomi, Founder and CEO at the Centre for Values in Leadership where he spoke on the need to align the interest of governments and industries to drive trade in Africa.</p>


Aligning governments & industries for trade in Africa

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<p>Executive Director of the Ivory Coast Exporters Association, Guy M’bengue spoke to CNBC Africa about the importance of increase intra-Africa trade in raw materials at the on-going Intra-African Trade Fair.</p>


Guy M’bengue on scaling up trade in raw materials between African countries

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<p>CNBC Africa reporter Godfrey Mutizwa caught up with the Chairman of Thelo Group, Ronnie Ntuli on the future of the railway industry in the continent.</p>


Thelo Group Chairman Ronnie Ntuli on future of rail in Africa

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<p>The Tony Elumelu Foundation has championed and made real investment in African entrepreneurs across the continent. Speaking to CNBC Africa at today&#8217;s Intra-African Trade Fair in Cairo, founder Tony Elumelu highlighted the importance of cross-continental collaboration.</p>


IATF

Highlights Special of the 2023 Intra Africa Trade Fair

Focus On: Exploring trade integration in Africa

Visit vibrant Kigali for the inspiring IATF 2020

IATF is the biggest trade fair event in Africa, here’s what it has to offer

SA looks to expand exports on value added products across the continent

Assessing the gains of the Intra-Africa Trade Fair

KZN promotes investment opportunities during IATF in Cairo

Tony Elumelu speaks on the importance of cross-continental collaboration

IATF offers so much promise for Africa to trade with itself – Vista Bank Chair

Durban is ready to host the next Intra-African Trade Fair – Tourism KZN’s Phindile Makwakwa

IATF a huge opportunity for African businesses to trade – Loukil CEO

Sihle Mkhize on investment opportunities in KwaZulu-Natal

Managing discrepancies in intra-Africa trade

Aligning governments & industries for trade in Africa

Guy M’bengue on scaling up trade in raw materials between African countries

Thelo Group Chairman Ronnie Ntuli on future of rail in Africa

Tony Elumelu urges strong support for Africa’s entrepreneurs

News Tips

Advertise With Us

IATF

Highlights Special of the 2023 Intra Africa Trade Fair

Focus On: Exploring trade integration in Africa

Visit vibrant Kigali for the inspiring IATF 2020

IATF is the biggest trade fair event in Africa, here’s what it has to offer

SA looks to expand exports on value added products across the continent

Assessing the gains of the Intra-Africa Trade Fair

KZN promotes investment opportunities during IATF in Cairo

Tony Elumelu speaks on the importance of cross-continental collaboration

IATF offers so much promise for Africa to trade with itself – Vista Bank Chair

Durban is ready to host the next Intra-African Trade Fair – Tourism KZN’s Phindile Makwakwa

IATF a huge opportunity for African businesses to trade – Loukil CEO

Sihle Mkhize on investment opportunities in KwaZulu-Natal

Managing discrepancies in intra-Africa trade

Aligning governments & industries for trade in Africa

Guy M’bengue on scaling up trade in raw materials between African countries

Thelo Group Chairman Ronnie Ntuli on future of rail in Africa

Tony Elumelu urges strong support for Africa’s entrepreneurs

News Tips

Advertise With Us

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