Intra-African Trade Fair Generates $42.1bn Trade, Investment Deals

The latest tally by the IATF Advisory Council shows that the recently concluded second Intra-African Trade Fair generated a record $42.1 billion in trade and trade-related investment deals <br />The latest figures captured additional data submitted by trade promotion agencies of Algeria, Nigeria and South Africa. <br />It also included other verticals, such as the Creative Africa Nexus programme, the IATF Automotive Show and the African Union’s Youth Start-Up programme. <br />IATF 2021 surpassed its pre-set target of $40 billion in trade and investment deals, going well beyond the $32 billion in transactions closed during the first edition in Cairo, Egypt in 2018.