Afreximbank has announced that about 43.7 billion dollars worth of trade and investment deals were sealed at the just concluded Intra-African Trade Fair (IATF2023) held in Egypt.
This disclosure was made by Kanayo Awani, Intra-African Trade Bank, Afreximbank Executive Vice-President, at the Post-Event Virtual News Conference held in Cairo, Egypt on Tuesday.
Awani stated that the $43.7 billion worth of trade and investment deals sealed in the concluded IATF2023 exceeded the projected figure of $43 billion.
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Speaking further, the Afreximbank Executive revealed that the IATF2023 attracted no fewer than 1,939 exhibitors from 45 African countries and 16 non-African countries.
Awani said 42 out of the 45 countries represented at the event had pavilions, which she noted as remarkable.
Awani described the IATF2023 as a huge platform to access finance, saying “We were aware that the contracts that were being negotiated had to be financed in one form or the other.”
