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How Africa can accelerate intra-African trade momentum (By Mrs. Kanayo Awani)

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IATF has firmly established itself as one of Africa’s most influential engines for trade, investment and economic integration

CAIRO, Egypt, September 3, 2026/APO Group/ —By Mrs. Kanayo Awani, Executive Vice-President, Intra-African Trade & Export Development Bank at African Export-Import Bank (www.Afreximbank.com)

 
 




 

Boosting trade flows amongst African countries remains a key economic priority. There is significant opportunity to accelerate the growing intra-African trade in order to unlock investment, catalyse industrialisation, especially processing and adding value to our natural resources.

According to the Africa in Figures 2025 (https://apo-opa.co/4ygFkXY) report released by African Export-Import Bank (Afreximbank), intra-African trade grew by 5.4 percent in 2024 to stand at US$206.6 billion, with continued implementation of the African Continental Free Trade Area (AfCFTA) expected to further enhance it. It is imperative to persist in closing long-standing gaps in trade, investment, and market intelligence that continue to constrain business growth. Across the continent, enterprises are held back by limited knowledge of market opportunities, as well as unclear regulatory information and restricted access to trade finance, all of which hamper their ambitions to expand across borders.

Enter the Intra-African Trade Fair (IATF), Africa’s premier trade and investment marketplace and a driving force behind the continent’s economic integration agenda. Building on the success of the record-breaking fourth edition, IATF2025 in Algiers, which generated US$50 billion in trade and investment deals, the Fair continues to cement its position as a catalyst for intra-African commerce. IATF’s true impact lies in its ability to connect businesses, unlock opportunities, and translate ambition into tangible commercial outcomes.

IATF2025 highlighted the growing momentum of trade within Africa, with significant increases in participation, deal volume and transaction value. More than a showcase, the Fair proved its effectiveness as a platform for expanding market access, promoting African products and services, attracting investment, and connecting businesses to new opportunities. It continues to deliver tangible results by facilitating partnerships, fostering and strengthening regional and continental value chains.

It is essential for Nigerian and African businesses to fully seize opportunities presented by the continental free trade area

IATF has firmly established itself as one of Africa’s most influential engines for trade, investment and economic integration. The spotlight now shifts to Nigeria. Lagos will host IATF2027 from 5–11 November 2027, bringing together businesses, investors, policymakers, researchers, creatives and innovators from across the continent. The ambition for the 2027 edition in Lagos reflects the sheer scale of Africa’s opportunity. With targets of over US$50 billion in trade and investment deals, more than 100,000 visitors, and 2,500+ exhibitors, IATF2027 is set to be the largest edition yet. Anchored by the theme “Global Africa, Smart Trade: From Market Access to Market Power,” it signals a bold shift, positioning Africa not just as a participant, but as a decisive force shaping its own economic future

Beyond the headline figure, more than 180,000 participants, 6,600 exhibitors from 132 countries, and over US$167 billion in cumulative trade and investment deals across its first four editions the message is clear: African businesses are ready to scale, compete, and lead, and the continent is rich with opportunity. The real constraint is not demand, but access specifically, the need for structured and efficient pathways that enable businesses to identify opportunities, connect with the right partners, and execute transactions at scale. IATF is at the forefront of breaking down these barriers and unlocking Africa’s full trade potential.

According to, ‘The Impact of the Intra-African Trade Fair (IATF) on Development and Trade, 2018–2024’ report, an impressive 62.4 percent of concluded deals directly supported intra-African trade, amounting to more than US$8.5 billion for each edition of the trade fair since 2018. Nearly 360,000 small businesses and SMEs are benefitting, including thousands of women and youth-led enterprises. The positive impact on employment is also significant. For every US$1 million invested into IATF, roughly 42 jobs are created – meaning each fair supports more than half a million direct employment opportunities across the continent. What this tells us is that Africa’s challenge is not capacity but connecting with each other. The priority for the continent in sustaining the trade and investment momentum is ensuring businesses continue to access the intelligence, partnerships, and support systems they need.

This is why platforms like IATF Virtual, designed to keep engagements amongst businesses alive, maintain visibility for exhibitors, enable governments and corporates to follow up on leads, and support year-round dialogue across sectors matter. The platform has potential to serve as the continent’s permanent marketplace. For SMEs that often face cost, travel, and logistics barriers, such platforms bridge these issues.

As Nigeria prepares to host IATF2027, it could not be timelier. The country is central to the AfCFTA’s success, not just because of its market size, but due to its vast resource base and industrial potential. As a leading producer of oil and gas, solid minerals, including lithium, iron ore, and gold so critical to future value chains, and key agricultural commodities, Nigeria is uniquely positioned to drive the industrialisation the continent needs.

It is essential for Nigerian and African businesses to fully seize opportunities presented by the continental free trade area. The good news is that the continent is already moving in the direction of addressing this. In Nigeria, for example, capacity-building programmes, export readiness clinics, certification support and partnerships with institutions like the Nigerian Export Promotion Council and the Small and Medium Enterprises Development Agency of Nigeria are helping equip SMEs with the knowledge and tools needed to trade across African borders. Lagos State, for instance, is strengthening foundations for success from investments in the Lekki Deep Sea Port and logistics corridors, to the development of industrial clusters and support through business development hubs.

Looking ahead, the message is clear. Africa is primed and ready to increase intra-African trade, but momentum must not be lost. The continent has showcased the concept, proven there’s appetite, and seen the results. With one of Africa’s largest economies and most populous nation now hosting the continent’s biggest marketplace, the challenge is to transform the current success into exponential progress.

Distributed by APO Group on behalf of Afreximbank.

 




 

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Afreximbank Announces Speakers for Africa’s Largest Compliance Forum

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Afreximbank

Bankers, compliance specialists and fintech leaders from more than 40 countries will explore how regulatory cooperation and technology can align compliance approaches, reduce barriers and advance intra-African and global trade

CAIRO, Egypt, November 3, 2026/APO Group/ –Afreximbank (www.Afreximbank.com) has announced speakers for its 2026 Compliance Forum, Africa’s largest compliance-focused gathering. Discussions will address regulatory fragmentation and barriers across Africa, improve access to correspondent banking services, and explore how technology can strengthen compliance and facilitate cross-border trade

 




  

Organised in partnership with the Botswana Investment and Trade Centre (BITC), the Forum will take place from 16 to 18 November 2026 at the Gaborone International Convention Centre in Botswana. Discussions will focus on strengthening regulatory cooperation, improving access to financial services and using technology to support effective compliance across African markets.

Confirmed speakers include Governor Lesego Caster Moseki, Bank of Botswana, Dr. Patrick Ndzana Olomo, Ag. Director, Economic Development, Integration and Trade, and Head of Economic Policy and Sustainable Development, African Union Commission (AUC), Luis Koberg, Founder and CEO of Klearium Group; Shane Ridel, CEO of Elucidate, Sophie Barre, Global Head of Risk and Compliance at Wave Mobile Money Group; Mr Mooketsi Ramanteba, Non-Bank Financial Institutions Regulatory Authority (NBFIRA), Nellie Nuyoni, Head of Private Sector, CBZ Holdings, Moira Mapundu, Head of Compliance, NMB Bank Limited and Boitumelo William of Continental Reinsurance. Compliance specialists from Dow Jones and Standard Chartered will also participate.

Mr Keletsositse Olebile, Chief Executive Officer of the Botswana Investment and Trade Centre, said: “Strong and predictable compliance systems build investor confidence, protect institutions, and create the conditions in which trade and enterprise can flourish.”

Under the theme “Better Compliance – Better Trade: Leveraging Compliance to Promote African Regulations that Advance Intra-African Economic and Trade Integration,” the Forum will examine how African markets can make their regulatory systems work more effectively together while preserving national sovereignty.

Idrissa Diop, Compliance Director at Afreximbank, said: “Our banks across Africa operate across very different legal systems, supervisory approaches and levels of digital maturity. Africa does not need uniformity at any cost. It needs interoperability that reduces friction while preserving regulatory sovereignty.

Our banks across Africa operate across very different legal systems, supervisory approaches and levels of digital maturity

“We invite regulators, compliance specialists, banks, fintechs, trade institutions and technology providers from across the continent to come to Gaborone ready to turn shared principles into practical cooperation, because better compliance can and should deliver better trade for Africa.”

The opening session, “Is Better Compliance Leading to Better Trade?”, will assess how regulatory cooperation can facilitate cross-border business. Other sessions will cover anti-money laundering and countering the financing of terrorism, sanctions, cybersecurity, consumer protection and the use of artificial intelligence in compliance.

Access to correspondent banking services will be a key focus. Luis Koberg, Founder and CEO of Klearium Group, said: “Many African banks continue to face barriers to accessing correspondent banking services. The reasons given often overlook a fundamental challenge: limited visibility across the payment chain. Improved transparency gives our industry the ability to accurately assess and manage risk, on a case-by-case basis with confidence.”

Delegates will also examine how fintech and risk-based onboarding can extend access to affordable financial services while meeting compliance requirements.

Sophie Barre, Global Head of Risk and Compliance at Wave Mobile Money Group, said: “Fintechs are rewriting the rules of financial inclusion and efficiency. By combining world-class technology with intelligent, risk-based onboarding, they can deliver affordable, simple and reliable services within a compliant ecosystem.”

The Compliance Forum will also feature an exhibition of AI-enabled anti-money laundering and counter-terrorist financing compliance systems. These demonstrations will let delegates engage with emerging technologies that can strengthen risk detection, monitoring, and reporting.

This Forum comes as artificial intelligence, automation, cybersecurity, third-party risk and diverging regulatory requirements place new demands on financial institutions. These developments reinforce the need for compliance approaches that reflect Africa’s regulatory, economic and institutional realities while drawing on global good practices.

ACF2026 will provide a platform for stakeholders to redefine compliance strategies for a changing financial environment and develop practical approaches that protect institutions while enabling more efficient movement of capital, goods and services across African borders.

For programme details and registration, visit ACF2026 (https://apo-opa.co/4iVtopG)

Distributed by APO Group on behalf of Afreximbank.

 




 

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Gas Exporting Countries Forum (GECF) Leadership Roundtable Brings Gas Producer Coordination to Paris

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Etu Energias

As African gas producers navigate rising domestic demand, global LNG competition and a renewed push for investment, the GECF Leadership Roundtable at the Invest in African Energy 2027 Forum will examine how greater coordination can support project development, market access and long-term gas monetization

PARIS, France, November 3, 2026/APO Group/ –Africa’s gas industry is entering a period in which cooperation between producing countries could become increasingly important. Demand is rising, LNG markets are being reshaped by geopolitical disruptions and new supply, while major gas developments across the continent continue to compete for capital.

 




  

Against this backdrop, the GECF Leadership Roundtable at the Invest in African Energy (IAE) Forum 2027 in Paris will bring the perspectives of gas-producing countries into a discussion focused on the commercial and strategic priorities shaping the sector.

The session comes as Africa continues to expand its role in global LNG markets. The GECF forecasts LNG exports from the continent to reach about 110 billion cubic meters (bcm), or 80 million tons per annum (mtpa), by 2030, rising to 215 bcm, or 160 mtpa, by 2050. The outlook spans producers including Algeria, Angola, Egypt, Equatorial Guinea, Mozambique, Mauritania, Senegal and Nigeria, while GECF projections point to growing LNG trade with Asia and within African markets.

Recent developments have reinforced the strategic value of that supply base. Tanzania’s long-delayed $42 billion LNG project has gained renewed attention as disruptions to Middle Eastern gas supplies have increased the value of diversified LNG sources, while ExxonMobil is advancing preparations for Mozambique’s Rovuma LNG project after years of delay.

For African producers, however, expanding exports is only one part of the equation. Domestic gas demand is rising at the same time that governments are seeking to use gas to improve electricity supply, support industrial development and create new revenue streams. That creates a need to balance export projects with domestic offtake, pipeline infrastructure, gas processing and gas-to-power development.

Coordination between producing countries can help address some of these challenges. Sharing experience on fiscal frameworks, project development, infrastructure and market access can help governments compete for investment while strengthening the case for regional gas infrastructure and cross-border trade.

The global market is also becoming more competitive. Reuters reported this month that gas and LNG infrastructure investment is expanding across multiple regions, with Asia accounting for the largest share of planned LNG import capacity. At the same time, disruptions to Middle Eastern supply have reinforced concerns around security of supply and increased the strategic importance of alternative producers. That creates an opening for African gas producers, but converting that opportunity into projects will require capital, infrastructure and credible long-term markets.

The GECF Leadership Roundtable at IAE 2027, taking place in Paris from May 11-13, will provide a senior-level setting to examine those issues alongside the investors and project developers needed to advance them. The wider forum is designed to connect African energy markets with global capital, with a focus on projects spanning gas, LNG, infrastructure and power.

For African gas producers, the question is how effectively its resources can be developed, connected to markets and converted into reliable energy and industrial growth. The Paris roundtable will put producer coordination at the center of that investment conversation.

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

 

 




 

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Islamic Corporation for the Development of the Private Sector (ICD) and Open Bank Sign Expression of Intent for a Potential USD 10 Million Line of Financing in Uzbekistan

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Islamic Corporation

The EoI sets out the intent to establish a Shariah-compliant LoF facility of up to USD 10 million from ICD to Open Bank to be deployed for the onward financing of eligible private sector projects, including small and medium-sized enterprises (SMEs) and corporates operating in the Republic of Uzbekistan

JEDDAH, Saudi Arabia, November 1, 2026/APO Group/ –

  • ICD and JSC Open Bank (Uzbekistan) have signed an Expression of Intent for a potential Shariah-compliant Line of Financing facility of up to USD 10 million
  • The facility aims to channel funds to eligible private sector projects, including SMEs and corporates across Uzbekistan
  • The potential Line of Financing facility intends to support job creation and SME growth, contributing to broader economic development in Uzbekistan
  • Open Bank, a privately owned digital bank licensed by the Central Bank of Uzbekistan, will serve as the intermediary institution to channel the funds to private enterprises

 




 
 

The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-PS.org), the private sector arm of the Islamic Development Bank (IsDB) Group, and Joint Stock Company “Open Bank” (Open Bank) from Uzbekistan have signed an Expression of Intent (EoI) in Jeddah, Saudi Arabia, on 26 October 2026, for a potential Shariah-compliant Line of Financing (LoF) facility of up to USD 10 million, aimed at supporting eligible private sector projects in the Republic of Uzbekistan.

The EoI sets out the intent to establish a Shariah-compliant LoF facility of up to USD 10 million from ICD to Open Bank to be deployed for the onward financing of eligible private sector projects, including small and medium-sized enterprises (SMEs) and corporates operating in the Republic of Uzbekistan. The facility is designed to ensure that financing reaches productive segments of the economy in a manner consistent with Shariah principles and in line with the development objectives of ICD and Uzbekistan.

The intended facility reflects ICD’s commitment to expanding access to Shariah-compliant financial services in Central Asia. By working through Open Bank, a digitally oriented institution with a focus on retail and SME customers, the proposed LoF aims to direct resources toward businesses that can generate meaningful employment opportunities and contribute to sustainable economic growth in Uzbekistan. SME support of this nature plays an important role in strengthening the private sector and broadening economic participation across the country.

ICD’s development mandate centers on advancing private sector growth and improving livelihoods in its member countries through Shariah-compliant financing solutions. The intended LoF with Open Bank aims to contribute to job creation and SME support in Uzbekistan, outcomes that align with ICD’s broader objective of fostering inclusive and sustainable economic development across the IsDB Group’s member countries.

Distributed by APO Group on behalf of Islamic Corporation for the Development of the Private Sector (ICD).

 




 

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