Afreximbank targets $50bn deals at 2027 Lagos trade fair

The African Export-Import Bank (Afreximbank) is targeting over $50 billion in trade and investment deals at the 2027 Intra-African Trade Fair (IATF) scheduled for Lagos. This target follows the over $167 billion in deals recorded across the first four editions of the fair. Executive Vice-President for Intra-African Trade and Export Development, Mrs. Kanayo Awani, highlighted the opportunities the 2027 edition would present under the African Continental Free Trade Area (AfCFTA). She noted that inadequate market information and limited access to business opportunities remain major constraints to intra-African trade, and IATF serves as a platform to address these challenges.

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