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Follow on WhatsAppThe Intra-African Trade Fair (IATF) will now operate as a permanent institution, with its headquarters set to be established in Harare, Zimbabwe, under the newly formed Intra-African Trade Fair Company (IATFCO).
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Read E-PaperThe announcement was made at IATF2025 in Algiers, marking a significant step in advancing Africaβs economic integration agenda under the African Continental Free Trade Area (AfCFTA).
Zimbabwe won the bid to host the headquarters after competing against Burkina Faso, Cameroon, Malawi, Zambia, and South Africa.
According to former Nigerian President Olusegun Obasanjo, who chairs the IATF Advisory Council, Zimbabwe was chosen because of its modern conferencing facilities, air transport links, accommodation capacity, and its commitment to allocate land for future growth of the institution.
βThis marks a new era for IATF, ensuring its role as the continentβs premier trade and investment platform remains strong while boosting intra-African trade,β Obasanjo said.
The institution will be supported by an initial capitalization of US$28 million approved by the African Export-Import Bank (Afreximbank). IATFCO will oversee the biennial trade fair, which has grown into Africaβs biggest marketplace for business and investment opportunities.
Afreximbank president Benedict Oramah described the development as a βmajor milestoneβ and called on African states, the private sector, and financial institutions to rally behind IATFCO as it takes shape.
The IATF is jointly organized by Afreximbank, the African Union Commission, and the AfCFTA Secretariat. It offers companies an opportunity to exhibit products and services, build partnerships, and access AfCFTAβs single market of more than 1.4 billion people with a combined GDP of over US$3.5 trillion.
This yearβs edition, held in Algiers from 4β10 September 2025, drew more than 112,000 participants from 132 countries, featured 2,148 exhibitors, and generated trade and investment deals worth US$48.3 billion.
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