Latest news with #intraAfricanTrade
Zawya
7 days ago
- Business
- Zawya
African Pastoral Markets Development (APMD)-led policy dialogue on the assessment of trade policy inconsistencies, including the tariff and non-tariff barriers (NTBs/TBs)
During the 10th Extraordinary Summit of the African Union (AU) in Kigali, Rwanda, the member states signed a framework agreement—the African Continental Free Trade Agreement, establishing the African Continental Free Trade Area (AfCFTA) with the aim of: Creating a single continental market for goods and services with free movement of business people and investment, thus accelerating the establishment of a Custom Union. Expanding intra-African trade through better harmonization, coordination of trade liberalization and facilitation instruments across the Regional Economic Communities (RECs) and Africa at large. Enhancing competitiveness at the industry and enterprise level through exploitation of opportunities for scale of production, continental market access and better reallocation of resources. The initiative, therefore, is expected to bring 1.5 billion people from Africa (World Meter,2025) and a combined GDP of $3.4+ trillion, with the potential to boost intra-African trade by 52.3% in the next few years. According to the IMF, this increase is to uplift 30 million Africans out of extreme poverty and increase income by $450 million by 2035. Disproportionately, the livestock trade has been highly affected by non-tariff barriers, inconsistent sanitary and phytosanitary (SPS) standards, and lack of mutual recognition of health certification and product quality. These disparities limit market access, inflate transaction costs and discourage formal cross-border livestock trade, especially for the pastoral economies that depend on fluid regional markets. Therefore, in the absence of harmonized trade policies, livestock products are exposed to duplicated inspection, varied tariffs and mismatched requirements, which eventually delay trade flows and lead to high levels of informal and illegal trade. It is on this need that the African Union Inter-African Bureau of Animal Resources (AU-IBAR), through the African Markets Development (APMD) Platform project, has sought a three-day policy dialogue to examine livestock trade, a sector marked by high economic potential but marred by fragmented regulatory environments across African countries. Through this convention, both public and private sector actors across borders will not only surface shared challenges but also catalyze a sense of co-ownership in building a harmonized policy environment that would support inclusive and secure livestock mobility. The policy dialogue, therefore, aims to: Take stock of the status of AfCFTA ratification and implementation, highlighting key lessons and best practices. Identify and map existing trade policy inconsistencies, including the tariff and non-tariff barriers and other regulatory frameworks that affect cross-border livestock trade within the Horn of Africa. Jointly plan and build consensus on priority actions to enhance cross-border livestock trade. Generate practical recommendations for harmonized trade policies that are aligned to the AfCFTA framework. Develop coordinated roadmaps for spelling out defined actions, responsibilities and monitoring mechanisms to guide the implementation of policy reforms in advancing cross-border trade. Beyond the technical discussions, it is expected that the APMD-led policy dialogue will be creating a strategic platform for collective reflection on the fragmentation of national policies and the urgent need for coordinated action. It is expected that the outcome of the convention will be to institutionalize an action-oriented roadmap that will be embedded within the national livestock strategies and linked to the AfCFTA monitoring frameworks. Distributed by APO Group on behalf of The African Union – Interafrican Bureau for Animal Resources (AU-IBAR).
Zawya
7 days ago
- Business
- Zawya
Algeria eyes deeper intra-African trade via gas pipeline, infrastructure links
Algeria is working to expand its share of intra-African trade by leveraging opportunities created under the African Continental Free Trade Area (AfCFTA), Foreign Trade and Export Promotion Minister Kamal Rezig said during the Algeria Intra-African Trade Fair (IATF) 2025 Business Roadshow. In his speech, Rezig pointed to several cross-border infrastructure projects that aim to enhance connectivity across the continent, according to a press statement issued by Afreximbank on Tuesday. These include the Trans-Sahara Highway, the Zouerate Road project linking Algeria's Tindouf region to Mauritania, and the Nigeria-Algeria gas pipeline, along with a parallel fibre optic corridor. Algeria is hosting the fourth edition of IATF, the Afreximbank-led biennial trade and investment event, in its capital Algiers from 4 - 10 September 2025. Separately, Ayman El-Zoghby, Director of Trade, Investment, and Financial Cooperation at Afreximbank, confirmed to local media the bank's interest in financing the Algeria–Nigeria pipeline, also called Trans-Saharan Gas Pipeline, a report by Algerian news portal Echoroukonline said. El-Zoghby said the bank had conveyed its commitment directly to Algerian authorities in recent meetings for financing the project, which will link gas sites in Nigeria, Niger and Algeria to supply Europe. The report further noted that in February 2025, Algeria had signed three agreements with Nigeria and Niger aimed at accelerating the 4,000-kilometre gas pipeline's implementation. These cover feasibility studies, financial frameworks, and confidentiality protocols related to sensitive technical data. Separately, Morocco has completed preliminary feasibility and engineering studies for a planned gas pipeline to ship Nigerian gas to Europe through the North African nation, Zawya Projects had reported in May 2025. (Writing by Majda Muhsen; Editing by Anoop Menon)
Zawya
09-07-2025
- Business
- Zawya
Algeria deepens trade ties with other African countries as it gears up for Africa's biggest marketplace
Algeria is working towards increasing its share of trade with other African countries by tapping into opportunities created by the African Continental Free Trade Area (AfCFTA). In a keynote address during the Algeria Intra-African Trade Fair (IATF) 2025 Business Roadshow, Algeria's Minister of Foreign Trade and Export Promotion, H.E. Prof. Kamal Rezig stated that this includes enhancing continental connectivity through infrastructure projects such as the Trans-Sahara Highway and the Zouerate Road project linking the Tindouf border with Mauritania and the Nigeria-Algeria gas pipeline and fibre optic cable. 'In order to improve the business climate in Algeria, the State has endeavoured to ensure a stable, transparent, stimulating and attractive economic and institutional environment for investment. This is in addition to ensuring stability of legislation that regulates local and foreign investment, and simplifying administrative procedures, development and strengthening of the banking system, the capital market and the insurance sector, as well as development of human resources capabilities and skills, with the aim of adapting its economy to global transformations,' H.E. Rezig said, adding that besides developing key sectors, the country is also promoting exports in the continent within the framework of AfCFTA. In 2024, Algeria's share of total intra-African trade stood at 2.2%, marginally growing from 1.9% in 2022, according to African Trade Report 2025 ( Mineral fuels and oils make up 91.5% of its exports. The country's top-five African export partners in 2023 based on volumes are Tunisia (70.7%), South Africa (6.7%), Cote d'Ivoire (3.6%), Nigeria (3.1%) and Senegal (2.7%) states the Country at a Glance: Algeria 2024 report ( while its top-five import partners are Mauritania (38.8%), Tunisia (32.7%), Cote d'Ivoire (9%), Morocco (6%) and Uganda (2.2%). The Algeria IATF2025 Business Roadshow focused on promoting intra-African trade, bringing together government officials, the trade community, including businesses, investors, and executives from African Export-Import Bank (Afreximbank). Hosted by Afreximbank, in collaboration with the Government of the People's Democratic Republic of Algeria, the roadshow was one of the five roadshows hosted in key cities including Accra, Nairobi, Johannesburg, and Lagos in the run up to the fourth edition of IATF, Africa's premier trade and investment event that is held biennially, scheduled to take place in Algiers, Algeria, from 4 – 10 September 2025 hosted by the Government of the People's Democratic Republic of Algeria. IATF provides a platform for businesses to showcase goods and exchange trade and investment information within the continent's single market. The Chairman of IATF2025 Advisory Council and former President of the Federal Republic of Nigeria, H.E. Chief Olusegun Obasanjo said that intra-African trade presents a huge opportunity for African economies to enhance their resilience in today's rapidly changing world. 'Through the IATF, the largest, go-to trade and investment fair on the continent, Africa needs to join hands and build on the gains that have been achieved so far in promoting trade with itself under the AfCFTA framework. AfCFTA provides an opportunity for the continent to achieve economic emancipation and self-reliance and build the Africa We Want. This will help unlock the continent's vast potential while accelerating industrialisation and job creation,' H.E. Obasanjo added. The past three editions of IATF have attracted over 70,000 participants and 4,500 exhibitors, and hosted buyers and sellers from over 130 countries, generating more than $100 billion in trade and investment deals. This provides a glimpse of the immense potential that exists for intra-African trade and investment. Afreximbank's Executive Vice-President, Intra-African Trade&Export Development, Mrs Kanayo Awani noted that whereas conventional wisdom attributes Africa's low intra-continental trade to infrastructure deficits, a more fundamental barrier is the lack of access to trade and market information. 'Afreximbank launched the IATF —not merely as an exhibition but as a marketplace for the AfCFTA and a platform to close the trade information gap. Since its inception in 2018, IATF has held three resoundingly successful fairs. In these fairs, Algeria showed up strongly and directly benefited from facilitated trade and investment deals worth over $2 billion. Now, Algeria has the opportunity to host the fourth edition. As Africa's largest country by land and the fourth-largest economy by GDP, Algeria has both the duty and the opportunity to lead. Algeria's competitive advantages—energy, agriculture, pharmaceuticals, financial services, light manufacturing, ICT, and automotive assembly—are all primed for scale and export across the continent,' Mrs Awani said. She challenged businesses and government agencies in Algeria and the North African region to take centre stage at IATF2025, where over 2,000 exhibitors from Africa and beyond will showcase their products to more than 35,000 visitors and buyers from over 140 countries, resulting in trade and investment deals in excess of US$44 billion. IATF2025 will feature a trade exhibition by countries and businesses; and the Creative Africa Nexus (CANEX) programme spotlighting cultural industries with a dedicated exhibition and summit on fashion, music, film, arts and craft, sports, literature, gastronomy and culinary arts. It will also include a four-day Trade and Investment Forum featuring leading African and international speakers; and the Africa Automotive Show for auto manufacturers, assemblers, original equipment manufacturers and component suppliers. Special Days will highlight countries, public and private sector entities, tourism, cultural attractions, and Global Africa Day celebrating ties with the African diaspora. Additional activities include business-to-business and business-to-government matchmaking, the AU Youth Start-Up programme, the Africa Research and Innovation Hub, and the African Sub-Sovereign Governments Network (AfSNET) to promote local trade and cultural exchanges. The IATF Virtual platform is also live, connecting exhibitors and visitors year-round. Planning for IATF2025 is in top gear with significant progress made in ensuring a seamless logistical experience and delivering a successful event. The theme of Algeria IATF2025 Business Roadshow was 'Harnessing Regional and Continental Value Chains: Accelerating Africa's Industrialisation and Global Competitiveness under the AfCFTA'. It was also attended by H.E Ms. Baleka Mbete, the founder of NaLHISA and former Deputy President of the Republic of South Africa; H.E Zitouny El-Tayeb, Minister of Internal Trade; H.E. Selma Mansouri, the Secretary of State to the Minister of Foreign Affairs, in charge of African Affairs; H.E. Moses Vilakati, AU Commissioner for Agriculture, Rural Development, Blue Economy and Sustainable Environment and Acting Commissioner for Economic Development, Trade, Tourism, Industry and Minerals; and Mr. Jean Louis-EKRA, former President of Afreximbank and Deputy Chair of the Intra-African Trade Fair Advisory Council. To participate in IATF2025 please visit Distributed by APO Group on behalf of Afreximbank. Media contact: media@ press@ About the Intra-African Trade Fair: Organised by the African Export-Import Bank (Afreximbank), in collaboration with the African Union Commission (AUC) and the 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 in supporting the continent's transformation through industrialisation and export development.
Zawya
07-07-2025
- Business
- Zawya
Pan-African Payment and Settlement System (PAPSS) and Interstellar unveil African Currency Marketplace eliminating $5 Billion trade bottleneck
Building on the successful rollout of its groundbreaking continental payment infrastructure, the Pan-African Payment and Settlement System (PAPSS), in strategic collaboration with Interstellar, a leading African deep-tech company, have announced the launch of the PAPSS African Currency Marketplace (PACM). The launch was announced on the sidelines of the 2025 Afreximbank ( Annual Meeting (AAM2025) held in Abuja from June 25 - 28. This next-generation Financial Market Infrastructure (FMI) represents a bold evolution of the PAPSS mission, addressing Africa's longstanding challenge of currency inconvertibility and enabling seamless, sovereign currency exchange for intra-African trade. For decades, Africa's economic momentum has been hindered by a fragmented financial landscape. The continent's 41 currencies, diverse regulatory environments, and lack of convertibility have created significant friction. To trade with neighbouring countries, African businesses have often relied on external (hard) foreign currencies for foreign exchange, creating what experts call the " hard and costly currency bottleneck." This workaround drains an estimated $5 billion annually in fees, delays, and opportunity costs, undermining the competitiveness of African enterprises and slowing progress toward realising the African Continental Free Trade Area (AfCFTA). 'PAPSS African Currency Marketplace is fully transparent, order book-driven, and operates with trusted counterparties, strictly adhering to local regulatory frameworks and global best practices,' affirmed Mike Ogbalu III, CEO of PAPSS. 'By creating a single, continent-wide liquidity pool, PACM serves as a powerful liquidity engine for intra-African commerce.' This launch marks a major strategic evolution in the PAPSS journey. According to Mr Ogbalu, since its official launch in 2022, PAPSS has enabled real-time cross-border payments across 17 countries, connecting 14 national switches and over 150 commercial banks. Initially piloted in the West African Monetary Zone (WAMZ), PAPSS rapidly expanded to become the core settlement layer of the AfCFTA's financial infrastructure. But while payment rails were laid, a deeper issue remained. 'We soon realised that solving for payments alone was not enough,' explained Mike Ogbalu. 'Corporations, airlines, reinsurance firms, and multinationals operating across Africa still faced a persistent hurdle: trapped capital, arising from limited currency convertibility and overreliance on hard currencies.' For example, he explained, over $2 billion is currently 'trapped' in African countries where airlines operate, unable to repatriate their funds due to exchange restrictions or depreciation of local currencies. 'The PAPSS African Currency Marketplace is the answer to that problem -- an extension of our commitment to building sovereign, frictionless financial infrastructure for Africa.' He added. The PAPSS African Currency Marketplace jointly developed by PAPSS and Interstellar, enables the direct exchange of African currencies without passing through hard currencies. As a transparent, continent-wide, peer-to-peer platform, it allows businesses to trade directly in local currencies in near real-time while remaining compliant with national regulations. It unlocks liquidity, releases trapped capital, eliminates excessive foreign exchange costs, and supports the continent's long-term goal of financial sovereignty. In partnership with PAPSS, the PAPSS African Currency Marketplace is built on Interstellar's enterprise-grade, blockchain-agnostic infrastructure, which enables the use of permissioned blockchain technology while ensuring institutional grade-security, scalability, and near instant settlement. 'This is not just about technology, it is about fulfilling a continental vision,' said Ernest Mbenkum, Founder and CEO of Interstellar during a fireside chat at the launch. 'PAPSS African Currency Marketplace was built from the ground up to serve Africa's specific needs. PAPSS and Interstellar are not just collaborators, we are co-architects of a new financial future, aligned in purpose and committed to transformation.' Ernest Mbenkum further emphasised, ' African currencies deserve a better place in the world. With this marketplace, your local currency is no longer just a medium of exchange, it becomes a vehicle of opportunity.' He also highlighted that this is only the beginning of Interstellar's vision, stating, 'We're building a future where Africa no longer needs to wait for foreign rails to move value. Our infrastructure will power Africa's financial renaissance. ' Haytham El Maayergi, Executive Vice President of Afreximbank, noted: ' The PAPSS African Currency Marketplace gives us the power to transform trade dramatically, bringing us to trade with each other with a major benefit that we can now accept each other's currency.' The impact is already being felt. During its pilot phase, more than 80 African corporates transacted across 12 currency pairs, with all transactions settled in local currencies. For example, a company like Kenya Airways, which earns Nigerian Naira from ticket sales, can now use PACM to directly exchange Naira for Kenyan Shillings—without converting through a third currency. Early adopters include ZEP-RE (PTA Reinsurance Company) and Access View Africa, which called the platform ' a dream come true.' PAPSS African Currency Marketplace liberates trapped capital, eliminates excessive FX costs, and transforms multi-week settlement delays into near real-time execution. PAPSS CEO Mr. Ogbalu noted that following positive experiences of some early adopters, PAPSS had received interest from institutions outside Africa seeking to join the ecosystem. 'This demand proves the value of what we've built,' he said. With over 150 banks already connected through PAPSS and growing demand across the continent, PAPSS African Currency Marketplace stands as a game-changing financial tool for a more unified, sovereign, and efficient Africa. Concluding his opening keynote, Mr. Haytham El Maayergi, Executive Vice President - Global Trade Bank at Afreximbank reiterated: ' Africa will not rise by ideas. Africa will rise by actions. " The PAPSS African Currency Marketplace is now open to eligible corporations, financial institutions, and other market participants across the continent. Distributed by APO Group on behalf of Afreximbank. Media Contact: Papa Thiongane communications@ Website: marketplace@ About PAPSS: The Pan-African Payment and Settlement System – PAPSS is a centralised Financial Market Infrastructure that enables the efficient flow of money securely across African borders, minimising risk and contributing to financial integration across the regions. PAPSS collaborates with African central banks to offer payment and settlement solutions that commercial banks and licensed payment service providers (switches, fintechs, aggregators, etc.) across the continent can connect to, making these services accessible to the public. To date, PAPSS has developed and launched 3 payment solutions: PAPSS Instant Payment System (IPS), PAPSS African Currency Marketplace (PACM), and the PAPSSCARD. Afreximbank and the African Union ('AU') first announced PAPSS at the Twelfth Extraordinary Summit of the African Union held on July 7, 2019, in Niamey, Niger Republic, therefore adopting PAPSS as a key instrument for the implementation of the African Continental Free Trade Agreement (AfCFTA). Further, in its thirteenth (13th) extraordinary session, held on December 5, 2020, the assembly of the African Union directed Afreximbank and the AfCFTA secretariat to finalise, among others, work on the Pan-African Payments and Settlements System (PAPSS). The 35th Ordinary Session of the Assembly of the AU further directed the AfCFTA and Afreximbank to deploy the system to cover the entire continent. PAPSS was officially launched in Accra, Ghana, on January 13, 2022, thus making it available for use by the public. About Interstellar: Interstellar Inc. is Africa's leading enterprise blockchain infrastructure company —enabling secure cross-border transactions, stablecoin integration, and next-generation financial solutions across the continent. Its core platform, STARGATE, is a critical blockchain-agnostic, enterprise-grade infrastructure that empowers major institutions to build and scale secure, high-performance financial applications, including tokenization platforms and payments solutions.
Zawya
03-07-2025
- Business
- Zawya
Nigerian business leverage African Continental Free Trade Area (AfCFTA) to grow the country's intra-African trade opportunities
Nigeria is working towards fast-tracking implementation of the African Continental Free Trade Area (AfCFTA) to unlock opportunities for businesses in the country across the continent. Nigeria's Minister of the Federal Ministry of Industry, Trade and Investment, Hon. Jumoke Oduwole noted that intra-African trade has been improving. 'Intra African trade exports grew by over 13% from last year supported by new trade corridors and the initial success of AfCFTA's guideline initiatives. Nigerian businesses are already key participants, exporting, ceramics, garments, pharmaceuticals and agro products across the continent,' Hon. Jumoke said in a keynote address to government officials, the Nigerian trade community, business leaders and investors attending the Nigeria IATF2025 Business Roadshow. 'As we talk about expanding and unlocking new trade markets, we must recognize the creative economy as a serious trade frontier. Platforms such as Creative Africa Nexus (CANEX) led by Afreximbank are proving that African culture is bankable not just beautiful.' She added. The event that was attended by over 700 people focused on promoting intra-African trade under the theme: ' Harnessing Regional and Continental Value Chains: Accelerating Africa's Industrialisation and Global Competitiveness through AfCFTA.' The Nigeria IATF2025 roadshow is one of the five in a series of five high-level events in key cities including Nairobi, Accra, Johannesburg, and Algiers ahead of the fourth edition of the biennial Intra-African Trade Fair (IATF) that will be held in Algiers, Algeria from 4 – 10 September 2025 under the theme 'Gateway to New Opportunities'. IATF is Africa's premier trade and investment event that serves as a crucial platform for fostering economic growth, collaboration, and innovation across the continent. Addressing the forum, Executive Director/CEO of the Nigerian Export Promotion Council (NEPC), Nonye Ayeni noted that IATF offers an unparalleled platform for the exchange of trade and investment information and is Africa's marketplace of ideas, opportunities, and partnerships. 'With frameworks like AFCFTA and platforms like IATF we now have the tools to bridge the trade gap, boost Intra African trade and tremendously grow our economies in a sustainable and inclusive way. We need to build structured, sustainable and competitive value chains that can power inclusive growth both here in Nigeria and across the continent in Africa. We know that AfCFTA promises to be the largest single market in the world, connecting 1.3 billion people across 54 countries in Africa," Ms Ayeni said. Building on this, Executive Vice President, Intra-African Trade and Export Development at Afreximbank, Mrs. Kanayo Awani highlighted the tangible results borne out of the trade fair across the continent and in Nigeria specifically. 'In just three editions, IATF has achieved what once felt aspirational: over $100 billion in trade and investment deals, more than 70,000 participants, and 4,500+ exhibitors from across 130 countries. This is not just a conference, it is Africa's trade engine, designed to connect our producers, unlock demand, and operationalise the promise of the AfCFTA. And in every edition—whether in Cairo, Durban, or beyond, Nigeria has not just participated. Nigeria has led. At IATF2023 alone, Nigerian enterprises generated over $11 billion in signed deals, the highest of any country,' Mrs Awani added. IATF is a platform for boosting trade and investment in Africa. The last edition held in Cairo attracted nearly 2,000 exhibitors from 65 countries and generated US$43.7 billion in trade and investment deals. Some of the activities lined up for the week-long IATF2025 include a trade exhibition by countries and businesses; the CANEX programme with a dedicated exhibition and summit on fashion, music, film, arts and craft, sports, literature, gastronomy and culinary arts; a four-day Trade and Investment Forum featuring leading African and international speakers; and the Africa Automotive Show for auto manufacturers, assemblers, original equipment manufacturers and component suppliers. Special Days will also be held at IATF2025, dedicated for countries as well as public and private entities to showcase trade and investment opportunities, and tourism and cultural attractions, as well as Global Africa Day to highlight commercial and cultural ties between Africa and its diaspora, featuring a Diaspora Summit, market and exhibition, cultural and gastronomic showcase. Also planned is a business-to-business (B2B) and business-to-government (B2G) platform for matchmaking and business exchanges; the AU Youth Start-Up programme showcasing innovative ideas and prototypes; the Africa Research and Innovation Hub @ IATF targeting university students, academia and national researchers to exhibit their innovations and research projects; the Trade Exhibition offering large corporations and SME's the opportunities to showcase their goods and services, the Trade and Investment Forum, a four day conference featuring sessions and training discussing trade opportunities and barriers. Others include the Creative Africa Nexus (CANEX), a showcase of African and Diaspora creative talent, the Special Days segment offering countries, private and public sectors the opportunity to sponsor their special event on specific days, the Africa Automotive show, a platform for auto manufacturers to exhibit their products and interact with potential buyers, IATF Virtual, an interactive online platform that will continue after the live event is over, Diaspora Day highlighting the commercial and cultural ties between Africa and its diaspora and the African Sub-Sovereign Governments Network (AfSNET) to promote trade, investment, educational and cultural exchanges at the local level. The IATF Virtual platform is already live, connecting exhibitors and visitors throughout the year. To participate in IATF2025 please visit Distributed by APO Group on behalf of Afreximbank. About the Intra-African Trade Fair: Organised by African Export-Import Bank (Afreximbank), in collaboration with the African Union Commission (AUC) and the 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 in supporting the continent's transformation through industrialisation and export development.
