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Cairo Hosts Intra-African Trade Fair 2023 (IATF2023) Business Roadshow to Promote Trade between Egypt and Africa

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IATF2023

The third edition of the IATF will be happening here in this beautiful city of Cairo in November 2023

CAIRO, Egypt, July 9, 2023/APO Group/ — 

The African Export-Import Bank (Afreximbank) (https://www.Afreximbank.com/), in collaboration with the African Union Commission (AUC), the African Continental Free Trade Area (AfCFTA) Secretariat and the Ministry of Trade & Industry of Egypt hosted a high-level business roadshow, ahead of the Intra-African Trade Fair (IATF 2023) scheduled to hold on the 9th to 15th of November 2023 in Cairo, Egypt.

Under the theme “Promoting Egypt-Africa Trade and Investment Under the African Continental Free Trade Area (AfCFTA), ‘IATF2023 Egypt High-Level Business Roadshow’ brought together captains of industry, the business community, high-level government officials, the diplomatic community, as well as executives and senior officials of Afreximbank, AUC and AfCFTA Secretariat to deliberate on how the IATF is playing an instrumental role in boosting and promoting trade and investment opportunities under the AfCFTA between Egypt and the rest of Africa.

Chief Olusegun Obasanjo, Chairman of IATF2023 Advisory Council and Former President of the Federal Republic of Nigeria said “we are here today to demonstrate and reaffirm that the third edition of the IATF will be happening here in this beautiful city of Cairo in November 2023. We urge the business community to take advantage of IATF2023 and use it to explore business opportunities. Opportunities are huge and limitless. IATF2023 is expected to be bigger and better than the previous two editions and the event is expected to attract more than 1,600 exhibitors; over 35,000 visitors, buyers and conference delegates from all 55 African countries, and the rest of the world; with more than US$43 Billion in trade and investment deals.”

Professor Benedict Oramah, President and Chairman of the Board of Directors at Afreximbank, said that the IATF was created to fast-track Africa’s economic integration through the AfCFTA. He added that “The biggest challenge on the continent is the lack of trade ad market information of what exists within the continent. This can be traced to the colonial era where Africa was divided into 55 domestic countries that had and continues to have very limited linkages with themselves. It created a situation where somebody in an African country knows more about what is happening in America, Europe and Asia than what is happening in a neighbouring country across the border. One way of dealing with this, is creating a platform like IATF, where Africans can gather to understand their markets, know themselves and understand more about the African countries. Egypt has been a major beneficiary of the IATF. At the first trade fair in 2018, which was held in Cairo, Egypt signed the largest share of deals out of the US$32 billion worth of trade and investment deals closed at the Trade Fair”.

Ambassador Albert Muchanga, AU Commissioner for Economic Development, Trade, Tourism, Industry and Minerals regarding the low levels of trade in Africa said “in order to develop intra African trade, we need very efficient and cost-effective road infrastructure, railway, shipping lines, airlines, airports and payment systems and fundamentally we need to produce goods and services that can be traded.  Producing and trading in raw materials cannot be the basis for intra-African trade. We need to move towards manufacturing and agro-processing so that these, based on endowments across African countries can be the basis for intra-African trade.”

Principal Communication Adviser, Ms. Grace Khoza representing the Secretary General of the AfCFTA Secretariat said “IATF is one platform that we believe creates an avenue through which Africans get to connect and know each other. Africans need to understand what products are produced in different regions of Africa that could be exported to other regions within Africa. Egypt being the second largest economy in Africa stands to benefit from immense opportunities presented by the IATF as an AfCFTA marketplace.

The event is expected to attract more than 1,600 exhibitors; over 35,000 visitors, buyers and conference delegates from all 55 African countries, and the rest of the world

H.E. Yahia El-Wathik, Deputy Minister of Trade and Industry for the Arab Republic of Egypt, delivered remarks on behalf of H.E Hon. Eng. Ahmed Samir Minister of Trade and Industry and said: “IATF is becoming a prime event on the trade and economic level all over the African continent since its first edition proudly held in Egypt in 2018 witnessed participation from 1,100 exhibitors  with  up to US$32 billion in trade and investment  deals closed during the trade fair. The Egyptian Government considers African economic development as one of its top priorities. We seek to achieve this through promoting Africa to Africa investment, increasing intra-African trade, developing infrastructure projects and supporting industrialisation plans. Events like this are a true reflection of our strong commitment to materialise economic development which would be given a boost through the full implementation of the AfCFTA which is set to redefine African economic fortunes for the future.”   

The deputy minister’s address was followed by a panel session which discussed among other issues, unlocking Egypt’s export potential by leveraging AfCFTA for economic growth and continental integration. The panel session also explored various opportunities that exists under the AfCFTA for Egyptian manufacturers, exporters, investors, creatives and automotive sectors. It also took stock of Egypt’s current trade relations with Africa and discussed some of the challenges and opportunities involved with Egyptian companies operating across the continent.  Speakers included, Dr. Ahmed Fikry Abdel Wahab, Vice President, African Association of Automotive Manufacturers (AAAM); Mr. Ayman El Zoghby, Acting Director, Intra-African Trade Bank, Afreximbank;  Mr. Ahmed Sadek El Sewedy, President and Chief Executive Office, El Sewedy Electric; H.E. Yahia El-Wathik, Deputy Minister of Trade and Industry of the Arab Republic of Egypt; Mrs. Maii Assal, Chairperson, Egypt Expo and Convention Authority (EECA); and Mr. Ahmed Hanafi, Founder and Chief Executive Officer of LMTL Group Egypt.  

Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade Bank, Afreximbank, in her remarks at the event said “Today’s roadshow will provide you all, especially the business community with critical information on the IATF, its relevance to Africa’s transformation and integration ambitions and to support the implementation of the AfCFTA. It should serve as a rallying call for the full participation of the Egyptian business community at the IATF2023 in Cairo. I’m hoping that the opportunity will be seized”. Mrs. Awani also highlighted Afreximbank’s support to Egypt’s industrialisation and export development efforts. She said “ Afreximbank has consistently provided support to the Egyptian public and private sector. Since inception Afreximbank has provided financing support to Egypt in excess of US$ 32 billion, with US$ 28 billion coming in the past 5 years alone.  Our support to Egypt cuts across major sectors and industries considered strategic to the Government of Egypt and pivotal to the growth and development of the national economy. This support has helped strengthen Financial Institutions, the Energy Sector, Telecommunication, Health and Construction, the private sector, among others.”

The roadshow concluded with a ‘Media Launch’ which featured a high-level panel and Q&A with some of the key personalities behind the IATF. The session featured H.E. Chief Olusegun Obasanjo, GCFR Chairperson of the IATF2023 Advisory Council and Former President of the Federal Republic of Nigeria; Professor Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank; H.E. Yahia El-Wathik, Deputy Minister of Trade and Industry for the Arab Republic of Egypt; H.E. Amb. Albert Muchanga, African Union Commissioner for Economic Development, Trade, Tourism, Industry and Minerals; and Grace Khoza, Principal Communications Advisor, representing the Secretary General of the AfCFTA Secretariat.

The IATF2023 roadshow was a key opportunity for the Egyptian private sector to learn more about the opportunities and benefits of participating in the IATF2023, Africa’s premier trade and investment fair, which will be held between the 9th to 15th of November in Cairo. As Africa’s largest trade and investment fair, the event is not to be missed for importers and exporters looking to take advantage of a single market of 1.3 billion people created by the AfCFTA with a combined Gross Domestic Product of US 3.5 billion dollars.

The resoundingly successful inaugural trade fair held in Cairo, Egypt in 2018 was followed by an even more successful IATF2021 hosted in Durban. Collectively, the two editions of the Trade Fair brought together more than 2,500 exhibitors from 77 countries and generated over US$74 billion in deals, providing a glimpse of the immense potential that exists for intra-African trade. Building on this success, the third edition (IATF2023) holding in Cairo, Egypt, in November 2023, will again provide an opportunity for exhibitors to showcase their goods and services, engage in Business to Business (B2B) and Business to Government (B2G) exchanges, and conclude business deals which will ensure that the momentum toward greater intra-African trade is sustained.

The Roadshow and Media Launch was preceded by the 6th IATF2023 Advisory Council meeting  which is chaired by H.E Chief Olusegun Obasanjo. Reporting on the readiness of the various components of the event, including the Exhibition, the Conference, the IATF Virtual, the African Automotive Show, the Creative Africa Nexus (CANEX) programme, AU Youth Start-Up programme, Country Day, Diaspora Day, and Business to Business and Business to Government, the organisers demonstrated an overall satisfactory level of preparation.

To register and be part of IATF2023, interested exhibitors, buyers, trade visitors and delegates are invited to visit www.IntrAfricanTradeFair.com and sign up.  Follow our social media to get up-to-date information as well.

Distributed by APO Group on behalf of Afreximbank.

Energy

Africa Finance Corporation (AFC), Development Finance Corporation (DFC), Standard Bank and Africa50 Lead Finance Lineup at African Mining Week 2026

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Leading development finance institutions, commercial banks and private investment firms will explore financing strategies that can unlock the continent’s estimated $29.5 trillion in mine-site mineral wealth at AMW 2026

CAPE TOWN, South Africa, July 17, 2026/APO Group/ –As Africa moves to unlock an estimated $29.5 trillion in mine-site mineral value, development finance institutions, commercial banks and private investment firms are expanding financial support to help transform the continent into a globally competitive mining hub.

The growing role of financiers in unlocking Africa’s mining value chain will take center stage at African Mining Week (AMW) 2026, taking place October 14–16 in Cape Town. The event will bring together leading financial institutions – including Africa Finance Corporation (AFC), the U.S. International Development Finance Corporation (DFC), the Industrial Development Corporation of South Africa (IDC), Standard Bank, Absa Bank, Trade and Development Bank (TDB), Africa50, Apeiron Investment Group and World Mining Investment – to showcase financing models supporting mining development across the continent.

AMW comes as momentum behind mining finance continues to accelerate. In July 2026, AFC, DFC and the Development Bank of Southern Africa reached financial close on the $753 million Lobito Corridor Railway Project, one of Africa’s most significant infrastructure investments supporting the mining sector. The project will rehabilitate 1,300 km of railway linking Angola’s Port of Lobito with the DRC and Zambia, creating a faster and more cost-effective export corridor for copper, cobalt and other strategic minerals.

At AMW 2026, Vibhuti Jain, Managing Director & Regional Head for Africa at DFC, is expected to discuss the institution’s growing investment portfolio and the U.S. strategy to strengthen critical mineral supply chains through Africa.

The event also comes as South Africa strengthens exploration finance through the IDC-managed Junior Exploration Fund. In June 2026, the IDC reached a new financing milestone, increasing the number of junior mining companies supported through the fund to 13. Earlier in the year, the IDC expanded the fund’s capital allocation to R600 million, advancing the country’s efforts to revive exploration, stimulate greenfield development and strengthen the participation of locally owned mining companies. Thabiso Sekano, IDC’s Head of Mining and Metals, is expected to discuss the fund’s progress alongside broader initiatives supporting the mining industry through investments in industrial infrastructure.

Infrastructure finance will also be a key focus at AMW 2026, with Simbarashe Chikarango, Head of Project and Infrastructure Finance at TDB, and Folaseto Akin-Olugbade of Africa50 expected to highlight investments aimed at addressing the energy, transport and logistics constraints that continue to limit mining productivity.

 

TDB recently partnered with several financial institutions to launch a $176 million energy investment platform that will accelerate private-sector electrification across sub-Saharan Africa. The bank is also providing a $150 million syndicated facility to Mota-Engil Africa to finance transport, mining and infrastructure projects across multiple African markets. Meanwhile, Africa50 is supporting Kenya’s $311 million electricity transmission public-private partnership, strengthening power infrastructure essential for mining and industrial development.

Commercial banks are likewise expanding their mining portfolios. Standard Bank and Absa Bank recently participated in a $130 million financing package for South African mining company Tharisa, supporting the company’s long-term growth strategy. Standard Bank also arranged a $150 million financing facility for Rosh Pinah Zinc Corporation in Namibia to support mine expansion, reinforcing its commitment to financing strategic mining projects across Southern Africa.

Deerosh Maharaj, Executive Head for Energy, Infrastructure and Mining at Standard Bank, and Shirley Webber, Managing Principal and Coverage Head for Resources and Energy at Absa Bank, are expected to discuss opportunities to increase capital flows into African mining projects.

Private investment firms are also stepping up efforts to channel international capital into Africa’s mining sector. Apeiron Investment Group and World Mining Investment are expanding initiatives to connect investors with the continent’s growing pipeline of mining opportunities, as Africa seeks to secure a significant share of the estimated $500 billion in global investment required by 2040 to meet soaring demand for critical minerals, including copper, lithium, graphite, nickel and rare earth elements.

Sebastian Wagner, Head of Natural Resources at Apeiron Investment Group, and Didier Rault, CEO of World Mining Investment, are expected to showcase financing strategies designed to connect global investors with Africa’s next generation of mining projects.

Distributed by APO Group on behalf of Energy Capital & Power.

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South Sudan Reforms Target New Investment Push as African Energy Chamber (AEC) Backs Oil Sector Revival

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African Energy Chamber

A working visit to the country by the African Energy Chamber identified opportunities to promote investment as South Sudan pursues production growth and reform

JUBA, South Sudan, July 17, 2026/APO Group/ –South Sudan is taking steps to reposition itself as a strategic destination for foreign investment, with a renewed focus on attracting capital across the oil value chain. During a working visit to Juba, the African Energy Chamber (AEC) (https://EnergyChamber.org/) – which serves as the voice of the African energy sector – engaged with government officials and industry stakeholders to identify priority reforms designed to stimulate new capital flows, increase production and advance projects across both upstream and downstream segments.

The visit reflects a shared recognition that while South Sudan remains one of the continent’s most resource-rich oil frontiers, lack of investment has disrupted the country from unlocking the full potential of its hydrocarbon reserves. The government seeks to address this challenge by implementing new reforms aimed at strengthening the investment climate, ensuring clearer regulatory frameworks and incentivizing greater participation from both international and regional operators.

South Sudan possesses the resource potential to become one of Africa’s most compelling frontier investment destinations

With proven oil reserves of 3.5 billion barrels, South Sudan is both a legacy oil producer and currently the only major oil producer in East Africa. Production is largely led by the national oil company Nilepet, alongside Dar Petroleum Operating Company, Greater Nile Petroleum Company – operated by China National Petroleum Company – and Sudd Petroleum Operating Company. South Africa’s Strategic Fuel Fund also holds a 90% stake in the Block B2 concession, with plans to advance exploration while assessing opportunities for refining development.

Current production ranges between 70,000 barrels per day (bpd) and 100,000 bpd, with approximately 8.5 million to 12.2 million barrels of production estimated between August and November 2026. The government seeks to raise these numbers by attracting investment across the entire oil value chain, facilitating greater exports while addressing key national challenges such as fuel security and power generation. Oil represents the backbone of South Sudan’s economy, and the government seeks to cement this position by introducing reforms aimed at alleviating the country’s energy crisis.

To achieve this, the government has committed to reduce barriers to investment, improve project execution and create a more predictable environment for energy companies. Discussions also explored opportunities across natural gas, power generation and associated infrastructure, recognizing that diversified energy investment will be essential to supporting long-term economic development. The AEC reaffirmed its commitment to promote South Sudan on a global stage, taking the country’s energy story to a global audience.

Beyond oil and gas production, a major focus of the working visit was strengthening local content. Parties discussed strategies to increase employment opportunities for South Sudanese workers, while developing local value chains and ensuring that future projects generate broader economic benefits beyond production revenues. By increasing international visibility, the Chamber aims to position South Sudan alongside other emerging African energy markets competing for exploration and infrastructure capital.

“South Sudan possesses the resource potential to become one of Africa’s most compelling frontier investment destinations, but attracting capital requires sustained engagement with the global investment community. The Chamber will champion South Sudan’s opportunities on the international stage, connecting investors with government and industry leaders while supporting reforms that create a stable, competitive and investable energy sector capable of delivering long-term growth,” said NJ Ayuk, Executive Chairman of the AEC.

Distributed by APO Group on behalf of African Energy Chamber.

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VivaJets Returns to African Energy Week (AEW) 2026 as Gold Sponsor After Rapid Fleet and Route Expansion

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African Energy Chamber

The Nigerian aviation company returns with a larger fleet, new financing and a West African hub in Abidjan

CAPE TOWN, South Africa, July 16, 2026/APO Group/ –VivaJets, the Nigerian business aviation company that served as the official Private Aviation Partner at African Energy Week (AEW) 2025, will return to the event as a Gold Sponsor at AEW 2026, taking place from October 12-16 in Cape Town. The upgrade reflects a year of rapid growth for the company, which has expanded its fleet, secured new international financing and opened its first hub outside Nigeria.

VivaJets operates under the parent company Falcon Aerospace Limited and provides aircraft charter, management and brokerage services from its base in Nigeria. Since beginning operations in 2022, the company has logged more than 2,000 flight hours serving corporate, government and energy-sector clients across domestic and international routes. It holds an Air Operator’s Certificate from the Nigerian Civil Aviation Authority, secured in March 2025, and currently operates a fleet of four aircraft including two Bombardier Challenger 604s, a Hawker 850XP and a Hawker 900XP. CEO Erika Achum has said the fleet will grow further by the third quarter of 2026.

The financing to support that growth has come quickly. In October 2025, VivaJets secured a $10 million credit facility from London-based TLG Capital, structured alongside Nigeria’s Wema Bank, in what both parties described as the first internationally structured aviation financing for a Nigerian air operator. In April 2026, the company raised a further $15 million and announced plans to open an operational hub in Abidjan, extending its reach into francophone West Africa and positioning itself closer to energy markets in Ivory Coast, Senegal and the wider MSGBC basin.

When investors and operators can move across borders without friction, deals close faster and projects move forward

Falcon Aerospace has also launched a joint venture, OrientJets, in partnership with Flybird Aircraft Management Services, based in Aruba, to serve international routes and strengthen the group’s presence beyond the continent.

The expansion is built around a thesis that private aviation in Africa is not a luxury service but an operational necessity, particularly for the energy sector. Oil and gas operations depend on moving personnel and equipment to remote field locations on short notice, investor delegations need reliable access to markets where commercial routes are limited or indirect and conference travel between African capitals often requires multiple connections on commercial airlines. According to industry data, roughly 80% of VivaJets’ charter demand comes from large corporate and government clients, with energy among the largest segments. At AEW 2025, VivaJets operated direct charter flights to Cape Town for delegates, putting the thesis into practice.

“Aviation is infrastructure for African energy, and VivaJets has shown how quickly a homegrown company can build the kind of connectivity that the sector needs,” says NJ Ayuk, Executive Chairman of the African Energy Chamber. “When investors and operators can move across borders without friction, deals close faster and projects move forward.”

VivaJets has also become a vocal advocate for the regulatory reform needed to make that connectivity easier. The company has called for the removal of restrictive visa regimes for aircrews and the harmonization of aviation rules across the continent, aligning with the African Union’s Single African Air Transport Market initiative, which aims to liberalize Africa’s airspace and lower the cost of intra-African travel.

The company’s growth from a single-aircraft startup in 2022 to a licensed, internationally financed aviation business with expanding routes across the continent has made it one of the more visible examples of African entrepreneurship in a sector long dominated by foreign operators. At AEW 2025, Achum spoke on the role of SMEs and startups in Africa’s energy economy, a theme the company is expected to carry forward at this year’s event.

Distributed by APO Group on behalf of African Energy Chamber.

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