The African Union Commission, Afreximbank and the AfCFTA Secretariat have released the list of 71 sponsors of the third Intra-African Trade Fair (IATF2023), Africa’s premier trade and investment event, which is scheduled to take place in Cairo from November 9 to 15.
IATF2023 is positioned as the leading platform for business exchanges in Africa. It draws from a variety of Afreximbank programs and initiatives to promote intra-African trade as well as the AfCFTA’s promise to revolutionize trade, reshape markets throughout the continent, increase output in the manufacturing and service sectors, and radically alter Africa’s economic structure.
“This Intra-African Trade Fair will open the African market to African businesses and enable us to create investment opportunities and regional value chains beyond anything we have imagined,” stated Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank. We appreciate the help from our sponsors in accomplishing this goal.
Among the sponsors of IATF2023 are 38 IATF Official Partners, two IATF Trade and Investment Partners, one IATF Country Day partner, and four firms in the IATF Official Premier Partner category.
Four Official Premier Partners of the IATF
Aliko Dangote established the Dangote Group, a multinational industrial company based in Nigeria. It is among the biggest conglomerates in Africa and the biggest in West Africa. With almost 30,000 workers, the organization brought in more than US$4.1 billion in revenue in 2017. Sub-Saharan Africa’s market leader in cement manufacturing, sugar milling, sugar refining, flour milling, pasta manufacturing, cement terminal operation, port operations, noodle manufacturing, packaging material production, and salt refining is Dangote Group. http://Dangote.com
Elsewedy Electric develops energy and infrastructure projects that are sustainable and promote the prosperity of local people, businesses, and areas. Our comprehensive, end-to-end solutions and unwavering dedication to excellence are the defining characteristics of our approach, which has been listed on the Egypt Stock Exchange since 2006. The ElsewedyElectric website
The primary focus of Mota Engil, a multinational corporation, is the development and administration of infrastructure. This is divided into several departments, including engineering and construction, mining services, environmental management, Mota-Engil Capital, concessions, Mota-Engil ATIV, Mota-Engil Renewing, energy (generation, waste-to-energy, trading), concessions (bridges, highways), and Mota-Engil Next (real estate, transformation and innovation). It works in 22 countries across three continents. Visit Moto-Engil.com.
Oando Plc, one of Africa’s top suppliers of energy solutions, includes Oando Servco Nigeria Limited. It has a distinguished history, a primary listing on the Nigeria Stock Exchange, and a secondary listing on the Johannesburg Stock Exchange. The Oando Group consists of Oando Energy Resources and Oando Trading, two businesses that are leaders in their respective industries. Oppo Nando PLC.com
Two Trade and Investment Partners of the IATF,
Atlantic Financial Group has offices in Luxembourg, Paris, Geneva, Zurich, Abu Dhabi, and Monaco. It offers controlled access to all international markets and investment opportunities. Wealth management, financial research, structured products, M&A, private equity, and real estate are among its offerings. Atlantic Financial Network
A holding company for financial services, Vista Group Holding SA is committed to promoting financial and economic inclusion in Africa. In order to further its growth strategy, Vista Group Holding SA has formed strategic alliances with a number of international financial institutions. These alliances are focused on MSME (SME banking, leasing, mesofinance, banking on women), trade and supply chain finance, bancassurance, and other areas where the company can increase profitability while lowering operating costs and reducing risk. The VistaBank Group website
Partner of IATF Country Day
By identifying industrial gaps in African nations, ARISE Integrated Industrial Platforms (Arise IIP) unlocks value and develops new industries in important areas by fostering local transformation, optimizing production, efficiency, and cost, and ultimately resulting in local value addition. In Gabon, Benin, and Togo, specially-designed economic zones aim to increase exports, facilitate local raw material transformation, and foster trade. Visit ARISEIIP.com.
Hassan Allam, SOMOIL (ETU Energies), Trinity Energy Limited, Bono Energy, Export Trading Group (ETG), Union Bank, Access Bank, Orion Oil, African Development Bank, NNPC Limited, and International Islamic Trade Finance Corporation (ITFC).
The others are: Fidelity Bank, Pacific Energy Company Limited, Plot Enterprise, UBA, Epe Tasdir Spa /, SAFEX (Algeria), RS Oil & Gas Co. Limited, Oilserv Limited, Matrix Energy, Lotus Bank, COGEB International, JNPM COMÉRCIO GERAL E REPRESENTAÇÕES, Guiter, SAMCO Egypt, Oakwood Green Capital Ltd., and Econet.
The following organizations are also sponsors: Woodhall Capital, Dorman Long, PAC Holdings, HAVIT INC, Eyrie Energy Limited, UTM FLNG Ltd, NSIA BANQUE Côte d’Ivoire, DPA Industries, FDH Bank PLC, Azikel Group, Bank of Industry, Reserve Bank of Zimbabwe, Banque Misr, and Afriland. Harvest Group of Companies is another sponsor.
The others are Blue, Horn Aviation, DOTT Services, Banque Populaire de Mauritanie, Exodus and Company, FBC Bank, Samapeche, Alfa Services, Petrovision Energy Services, Bureau Veritas, SICOP Industries SA, RAWBANK, Gemcorp, OPAIA GROUP, Liquid Tech Telecommunications (Jersey) Limited/Cassava, Technologies, Sterling Bank, African Energy Chamber, and others.
The largest trade and investment show in Africa is IATF2023. Over 1,600 exhibitors, 35,000 attendees, and purchasers are expected to attend. Trade and investment deals valued at US$43 billion are expected to be finalized. Everyone interested in trade and investments in and across Africa’s single market, which has a combined Gross Domestic Product of over US$3.5 trillion and is comprised of 1.4 billion people, should definitely attend this event, which was made possible by the AfCFTA.
Buyers, vendors, importers, exporters, investors, manufacturers, captains of industry, senior government ministers, experts in trade finance and advisory, trade and economic organizations, senior executives from multinational corporations, and creative entrepreneurs from Africa and beyond are among the attendees of IATF2023. Please visit www.IntrAfricanTradeFair.com for additional information about IATF2023