logo
The African Research and Innovation Hub @ Intra-African Trade Fair (IATF) launched to utilise academia in advancing understanding of intra-African trade

The African Research and Innovation Hub @ Intra-African Trade Fair (IATF) launched to utilise academia in advancing understanding of intra-African trade

Zawya28-01-2025
University lecturers, students, and researchers affiliated with National Research Institutions invited to participate and showcase their publications and prototypes at IATF2025.
Afreximbank (www.Afreximbank.com), in collaboration with African Union Commission and AfCFTA Secretariat, is excited to launch its new initiative the 'African Research and Innovation Hub @IATF', during the 4th Intra-African Trade Fair (IATF2025). The key objective is to boost academic research output and increase collaboration between academia, industry, and policy makers across Africa in the bid to drive forward intra-African trade and industrialisation.
The platform aims to provide an opportunity for African, Caribbean and Diaspora lecturers, students, and researchers to showcase innovative research and prototypes that contribute towards intra-African trade and industrialisation. It also seeks to develop industry collaborations and exchange knowledge with leading professionals in the field during IATF2025 in Algiers, Algeria from September 4-10, 2025.
The African Research and Innovation Hub @IATF aims to promote and commercialise African research and innovation. It also acknowledges that there are many talented and creative Africans across Africa, the Caribbean and the Diaspora, who have brilliant ideas, concepts, publications and prototypes but lack the relevant support required to help them nurture their ideas and commercialise them.
The platform provides access to more comprehensive information, relevant data, and literature whilst exposing national researchers to potential investors or venture capitalists who could assist with commercialising their research output and prototypes.
A key objective of the Hub is to encourage innovation and entrepreneurship among lecturers and students by connecting them to trade exhibitions, start-up pitches, and networking opportunities with business leaders, potentially leading to new start-ups and increased academic-industry collaborations. It also provides opportunities for networking and potential collaboration with others in academia and practitioners across the continent, research institutions, industry, and policymakers.
Researchers, academics and university students are provided with access to information on emerging issues in the field of intra-African trade and can incorporate these into their research programs and academic curricula. Lastly, it enhances the capacity of lecturers and students in understanding and teaching the complexities of trade policies, trade standards, regional economic communities, the African Continental Free Trade Area (AfCFTA) and industrialisation.
The hub aims to support the broader objectives of enhancing intra-African trade, fostering economic development, and building a connected, informed, and empowered next generation of African trade and investment leaders across all fields. This hub will allow students to exhibit their prototype inventions and published research papers on select topics, which are expected to adhere to world-class standards.
Mrs. Kanayo Awani, Executive Vice President Intra-African Trade and Export Development at Afreximbank said:"IATF2025 is an important moment for African research and innovation, bringing together the brightest minds from universities and research institutions to contribute towards promoting intra-African trade and industrialisation. The African Research and Innovation Hub @IATF will serve as a groundbreaking platform for African, Caribbean and Diaspora lecturers, students, and researchers to demonstrate their capabilities, and connect with industry leaders, investors, and policymakers. This is more than an opportunity to display research; it's a unique moment to shape the future of intra-African trade and industrialisation to drive economic growth across the continent.'
Entries will be judged by a panel consisting of distinguished trade experts, scholars, and industry leaders from across Africa. The panel will evaluate submissions based on innovation, relevance to African trade and industrialisation, and the potential for practical application.
Candidates should demonstrate a number of key criteria – including academic excellence and a passion for advancing research on intra-African trade, industrialisation, leadership and initiative in projects related to trade, industrialisation and innovation, and regional economic integration; high-quality research outputs or innovative prototypes aligned with IATF's themes and a commitment to furthering knowledge and collaboration by sharing insights from the event with their academic institutions.
University Lecturers, University Students, and Researchers Affiliated with National Research Institutions from Africa, the Diaspora including the Caribbean are invited to submit their applications directly through this email: ARIH@intrafricantradefair.com by 28 March 2025, 23:59 GMT.
You can find out the eligibility criteria, application requirements and other details on the IATF2025 website: https://apo-opa.co/3EeHRvj
Distributed by APO Group on behalf of Afreximbank.
About Intra-African Trade Fair:
Organised by African Export-Import Bank (Afreximbank), in collaboration with African Union Commission (AUC) and African Continental Free Trade Area (AfCFTA) Secretariat, the Intra-African Trade Fair (IATF) is intended to provide a unique platform for facilitating trade and investment information exchange in support of increased intra-African trade and investment, especially in the context of implementing the African Continental Free Trade Agreement (AfCFTA). IATF brings together continental and global players to showcase and exhibit their goods and services and to explore business and investment opportunities in the continent. It also provides a platform to share trade, investment and market information with stakeholders and allows participants to discuss and identify solutions to the challenges confronting intra-African trade and investment. In addition to African participants, the Trade Fair is also open to businesses and investors from non-African countries interested in doing business in Africa and supporting the continent's transformation through industrialisation and export development.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

No more missed opportunities: Strengthening Africa-Caribbean trade and investment in an era of Global Trade Disruption (By Pamela Coke-Hamilton and Benedict Oramah)
No more missed opportunities: Strengthening Africa-Caribbean trade and investment in an era of Global Trade Disruption (By Pamela Coke-Hamilton and Benedict Oramah)

Zawya

time12 hours ago

  • Zawya

No more missed opportunities: Strengthening Africa-Caribbean trade and investment in an era of Global Trade Disruption (By Pamela Coke-Hamilton and Benedict Oramah)

By Pamela Coke-Hamilton, Executive Director, International Trade Centre, and Benedict Oramah, President and Chairman, Afreximbank ( The share of bilateral exports between Africa and the Caribbean, despite extensive shared history, has never surpassed 6%, according to an ITC and African Export-Import Bank (Afreximbank) study, leaving much room for growth of up to $2.1 billion within the next 5 years according to new studies. Key to this growth is adding value in priority sectors, such as minerals, processed food, , manufactured products, transport, travel and creative industries. We're living in precarious times. In an era marked by global economic uncertainty, geopolitical tensions and fragmented supply chains, Africa and the Caribbean are at a critical juncture. Most Caribbean countries now face a blanket 10% tariff on ( goods exported to their biggest trading partner, the United States – which takes 40% of its total exports. The so-called reciprocal tariffs on African nations ( from 10-50%, with Lesotho facing the single highest tariff of all US trading partners, nullifying preferences granted through the African Growth and Opportunity Act (AGOA). These are real challenges, especially for smaller firms that are having to adapt with little time and often scarce resources. But there are also promising prospects on the horizon—if we dare to seize them. Africa, for one, is now moving into full, accelerated implementation of the African Continental Free Trade Agreement (AfCFTA), arguably the biggest decision made by African Heads of Government in six decades. This treaty has the power not only to revolutionize African trade and development, but also to equip African countries with stronger negotiating power in multilateral arenas—therefore boosting their collective ability to change the terms of global trade. The Caribbean, with its smaller, remote and import-dependent economies, is one of the region's most vulnerable to external shocks, whether from tariff escalations, climate disasters or supply chain disruptions. But it also has a chance to invest in long-term stability and economic growth by diversifying exports and trading partners, processing goods before export to retain more value, and strengthening regional and international trade ties. While many are taking a wait-and-see approach on what this next phase of global trade will look like, for Africa and the Caribbean, this is an approach that neither can afford. With the longstanding sociocultural history shared by the two regions, the time is ripe to forge far deeper ties through mutually beneficial, trade-led economic growth and development—and serve as a model of South-South cooperation that inspires others to follow in their footsteps. Investing in interregional, value-added trade Despite efforts at regional integration, trade between Africa and the Caribbean remains minimal. ITC data shows that bilateral trade has never exceeded 6% of total exports for either region. In fact, African exports to the Caribbean have declined since 2014 and have been close to 0.1% since 2020, while Caribbean exports to Africa remain volatile, from just 0.8% of total exports in 2020 to 2.3% in 2022. There is room to grow, from the current $729 million in interregional trade to potentially $2.1 billion within the next 5 years, if trade barriers are slashed and investments are made in key sectors. A formalised trade corridor could reduce regulatory divergence and non-tariff barriers. For instance, Caribbean rum exporters currently face an 88% tariff when selling to African markets—a significant barrier to growth. But removing or lowering trade barriers alone is not enough. Access to trade and Investment finance are vital for tapping into the major untapped growth potential in trade in value-added goods. This is critical for priority sectors like minerals and metals, processed food and animal feed, manufactured products, travel, transport and creative industries, where the regions have comparative advantages and synergies are possible. Trade between the regions currently relies heavily on unprocessed commodities, which reflects missed opportunities for industrial collaboration, innovation and economic diversification. Afreximbank's presence in the region, through its Barbados office established about two years ago is set to significantly boost trade between the two regions. This is further strengthened by the ongoing project to create the Afreximbank African Trade Centre (AATC), and the initiative to create the CARICOM Eximbank – an Afreximbank subsidiary. Additionally, the CARICOM Payment and Settlement System (CAPSS), being developed by Afreximbank and CARICOM central banks, will deepen and improve efficiency of intra-CARICOM payments in national currencies. Through its integration with the Pan-African Payment and Settlement System (PAPSS), CAPSS will accelerate integration of financial systems of the two regions while boosting Africa-Caribbean trade and investments. In the fast-growing creative economy, for instance, both regions already have longstanding traditions in textiles, ceramics and woodwork, and can build on their shared cultural heritage. The collaboration between African and Caribbean designers, musicians and artists also offers significant potential for growth. Afreximbank Creative Africa Nexus (CANEX) has highlighted fashion, design and crafts as a priority value chain, and has doubled programme funding from $1 billion to $2 billion for the next three years, aimed at providing infrastructure, financing and resources to scale Africa and diasporic creative industries globally. The Bank is also developing a $500 million private equity film fund to support African filmmakers. These efforts reflect the scale of ambition required to transform the creative industries into global growth engines. Breaking bottlenecks To take advantage of these economic growth opportunities, foundations need to be laid. The major hurdles in enhancing Africa-Caribbean trade include weak institutional frameworks, logistical inefficiencies and infrastructural gaps. Despite their geographic proximity—just 1,600 miles apart—the lack of direct transport links and weak regulatory frameworks make trade between the two regions cumbersome. Logistics, unfortunately, remains a major bottleneck. ITC data show that 57% of unrealized trade potential stems from logistical challenges. Both regions score poorly on the logistics index, according to the World Bank, ranking among the lowest in the world in terms of transport efficiency. Investing in interregional infrastructure will be key, including direct maritime and air transport links, improving ports and enhancing digital infrastructure. For example, the Afreximbank has an ongoing $3 billion credit facility for CARICOM countries, to boost trade infrastructure and the competitiveness of small businesses. These are the types of arrangements, when replicated, that make a difference in the long term. Empowering small businesses to seize the moment But all of this could be for naught unless both regions' small businesses are empowered to act and seize these opportunities for themselves. The Strengthening AfriCaribbean Trade and Investment Project, an initiative spearheaded by Afreximbank and the ITC, is forging vital links between the private sectors of Africa and the Caribbean. This ambitious endeavour aims to cultivate not only strategic commercial partnerships but also cultural connections. In collaboration with the Caribbean Private Sector Organization and the African Business Council, the project empowers both regions to unearth business opportunities and stimulate business-to-business exchanges, paving the way for a dynamic synergy to elevate the economic landscape of both Africa and the Caribbean. Small businesses are the backbone of the African and Caribbean economies but remain underrepresented in trade. The first-ever Global Small and Medium-sized Enterprises Ministerial Meeting, was hosted by ITC and the Government of South Africa in Johannesburg this month, in the year of South Africa's G20 Presidency, which positioned small businesses as key players in global trade reform. Afreximbank enabled the participation of 15 ministers to attend, 10 from Africa and five from the Caribbean. Days later, the AfriCaribbean Trade and Investment Forum (ACTIF) will kick off in St. George's Grenada from 28 to 30 July 2025, where the work to increase trade and investment between the two regions will continue. To participate, please visit Our alliance is more than just a response to global uncertainty; it is a blueprint for inclusive, resilient and opportunity-driven trade in the 21st century. Together, Africa and the Caribbean can showcase South-South trade as a solution in a time of great change. Distributed by APO Group on behalf of Afreximbank.

South Africa: Airbus opens new support hub in Johannesburg
South Africa: Airbus opens new support hub in Johannesburg

Zawya

time17 hours ago

  • Zawya

South Africa: Airbus opens new support hub in Johannesburg

Airbus has opened a new customer support centre for commercial aircraft in Johannesburg, reinforcing its long-standing partnership with Africa's aviation sector. The centre marks a key milestone in the company's nearly 50-year presence on the continent. The Johannesburg facility will offer technical assistance, engineering and maintenance solutions, fleet performance analysis, training services, and on-site support for all Airbus commercial aircraft families, including the A220, A320, A330, and A350. 'The new centre expands Airbus' presence in Africa and underscores our confidence in the region's potential, as we invest in local capabilities, empower our customers, drive connectivity and shared progress across the continent,' said Gabriel Semelas, president of Airbus in the Middle East and Africa. Supporting African airline operations By strengthening customer proximity, the new centre is designed to help African airlines operate safe, efficient, and reliable fleets. Airbus currently serves nearly 40 African carriers operating more than 260 Airbus aircraft. According to the company's Global Services Forecast, Africa will require 14,000 new pilots and 21,000 maintenance professionals over the next 20 years to support projected growth in air travel demand. Broader presence across the continent Airbus has been active in Africa since the first A300 aircraft delivery in 1976. Its broader African footprint includes Airbus Helicopters, which this year marks 30 years of operations in Southern Africa, where its Midrand hub provides maintenance, spare parts, and the continent's first H125 virtual reality simulator for pilot training. Airbus Defence and Space also provides support to African governments through military aircraft, Earth observation services, and satellite-based connectivity. With more than 180 African suppliers integrated into its global supply chain, Airbus contributes to local job creation, skills development, and industrial growth across the continent. All rights reserved. © 2022. Provided by SyndiGate Media Inc. (

Africa food systems not on track, time for decisive action
Africa food systems not on track, time for decisive action

Zawya

time19 hours ago

  • Zawya

Africa food systems not on track, time for decisive action

As the world assembles for the UN Food Systems Summit in Addis Ababa this week, we confront a simple but profound invitation not merely to reflect on four years of progress since 2021, but to fundamentally rethink how we finance, produce, and govern agri-food systems. This is because, from the intensive discussions on nutrition in Paris during the Nutrition for Growth Summit in March to the recent International Conference on Financing for Development (FfD4) in Seville, and now, the sobering data of the 2025 State of Food Security and Nutrition in the World (SOFI) report, the message is unmistakable: we must change and the time for change is now. The SOFI 2025 report offers both warning and nuance. While hunger receded in Southern Asia and Latin America, food insecurity worsened in both rural and urban Africa between 2022 and 2024. The global gender gap in food insecurity narrowed from 2021 to 2023 only to widen again in 2024, leaving women disproportionately exposed to malnutrition. Conflict, climate volatility, and post-Covid inflation have combined to erode hard-won gains, casting a long shadow over our pursuit of SDG 2 – ending hunger. These mixed signals demand clarity: Africa is not on track, and without decisive action, vulnerability will deepen across the continent. In light of these challenges, we must continue making the case for agri-food systems. What does this actually mean? To me, it means calling for courage from donors, multilateral lenders, and investors to rethink risk, unlock catalytic capital, and shift away from short-term projects towards long-term, systemic financing. It means embracing unconventional tools like concessional finance, blended models, pay-for-results frameworks, and payments for ecosystem service (PES), among other novel ideas. It also means financing food systems through cross-sector channels, including health, climate, and social protection because food systems are not a silo, but the very infrastructure of resilience. Most crucially, it means putting farmers and food producers, especially young people, at the centre of the conversation. I am convinced that agri-food systems must become an active driver of our food security and nutrition sufficiency transformation, not a passive recipient of aid. If centred in policy and resourced effectively, it will catalyse economic growth, unlock livelihood improvements, and simultaneously deliver on climate and nutrition goals. It is where climate action meets healthy diets, where dignified employment meets rural renewal, and where innovation meets inclusion for women and youth. In Africa, this synergy is not a distant aspiration, it is an imperative for survival and prosperity. At AGRA, with our two decades experience co-designing African solutions to sustainably raise farmers' productivity and connecting them to a growing marketplace, we continuously embrace what has worked while evolving new ideas. Our work with researchers, donors, African governments, the private sector and civil society has seen small and medium enterprises thrive, digital and nature-based solutions scaled, and tangible results realised through increased smallholder productivity, reduction in post-harvest, and emergence of new market opportunities. For example, AGRA has facilitated 42 policy reforms across 11 focus countries thereby reducing approval times from between eight to 10 years to between three to five years. In Tanzania, 2017 fertiliser regulations centralised oversight, increasing trade by 47 percent and reducing prices by between 10 percent and 40 per cent. AGRA supported 10 National Agricultural Investment Plans (NAIPs) and 10 flagship programmes, mobilising $1.4 billion, including $400 million from governments. In Kenya, the 2019 Seed Act expanded certified seed access for 2.5 million farmers. These policy reforms unlocked $1.5 billion in public budgets. Ethiopia's extension system trained 70,000 agents, serving 15 million farmers, while Nigeria's revived state councils secured $5 million in investments. But too often, these successes cannot be scaled, sustained or replicated across countries not for lack of innovation, but financing. Regrettably, as we seek to accelerate progress, finance is unwinding in the opposite direction. Official development assistance from G7 donors has fallen by nearly 28 percent since 2021, while debt burdens in low- and middle-income countries have surged, constraining fiscal space for essential investments. Globally, it will take $1.2 trillion to $1.4 trillion a year to transform global agri-food systems, just one percent of global GDP. This is a fraction of the $12 trillion we're already losing annually to the hidden costs of poor health, environmental degradation, and inequality. The case for action is clear: responsible investment could unlock $4.5 trillion in new business opportunities each year. These estimates, captured in the Global Donor Platform for Rural Development's 2025 White Paper on Financing Agri-food Systems, a process to which AGRA is proud to have contributed, reminds us that the issue isn't a shortage of capital, but whether we choose to deploy it where it matters most. Ultimately, if stakeholders are serious about transforming Africa's agri-food systems, they must also get serious about financing her people and harness their creativity. The question before us in Addis Ababa is clear: will we seize this moment to mobilise the capital, creativity, and courage required to build the food systems that Africa and the world urgently needs?Alice Ruhweza is President of AGRA, an African-led organisation focused on putting farmers at the centre of our continent's growing economy. © Copyright 2022 Nation Media Group. All Rights Reserved. Provided by SyndiGate Media Inc. (

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store