The National Bank will join the companies as an exhibitor, addressing issues related to financial transactions of trade between African countries
Egypt will be represented at the 2nd edition of the Inter-African Trade Fair (IATF-2021) by 41 Egyptian companies from various industrial sectors.
The fair is the largest of its kind in Africa, explained Minister of Trade and Industry Neveen Gamea as she arrived in South Africa to take part in the event, noting that some 24 African nations will be participating in the week-long event.
African nations have the chance to showcase their products and services, as well as exchange knowledge on issues related to trade and investment in African markets.
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Gamea is scheduled to take part in the National Day allocated to Egypt along with other six African states which will expound their trade and investment opportunities and promote their tourist and cultural attractions.
The minister will be chairing a session centering on partnerships between governmental and private sectors to enhance inter-African trade and investment among the African countries.
Egypt’s 882 sqm pavilion will display several goods and services by the 41 Egyptian companies from various sectors including the automotive industry, ready-made garments, banking services, engineering industries, and more.
The National Bank will join the companies as an exhibitor, addressing issues related to financial transactions of trade between African countries.
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Organized by the African Export-Import Bank (Afreximbank) in collaboration with the African Union (AU) and the African Continental Free Trade Area (AfCFTA) Secretariat, IATF2021 provides a platform to promote trade under the AfCFTA. It will bring together continental and global buyers and sellers, and will enable stakeholders to share trade, investment and market information as well as trade finance and trade facilitation solutions designed to support intra-African trade and the economic integration of the continent.
Earlier today, Gamea announced that the ministry will be terminating support on import duties on iron billets, steel rebar, and aluminum products.
