President Muhammadu Buhari is expected to visit Durban,
South Africa, for the opening ceremony of the second intra-African trade fair
(IATF) 2021.
Femi Adesina, the presidential spokesperson, said Buhari
will leave Paris on Saturday to join Cyril Ramaphosa, president of South Africa
and other African leaders at the event.
The event convened by the African Export-Import Bank
(AFREXIM) in collaboration with the African Union Commission (AUC) and the
African Continental Free Trade Area (AfCFTA) Secretariat will kick off on
Monday.
The event will hold from November 15 to November 21.
“The theme of the
Fair, Building Bridges for a Successful AfCFTA — aims at boosting trade and
investment across the African continent,” the statement reads.
“It also promises to create the enabling environment for
businesses to thrive across the African continent; bring to fruition the lofty
ideas behind the creation of the AfCFTA by providing the platform to further
identify and proffer solutions to challenges militating against intra-African
trade and; generate market information needed to connect buyers and sellers
throughout the continent.
“Global businesses including non-African international
brands are expected to key into opportunities generated by the fair, thereby
attracting for the continent trade and investment deals worth $40billion.
Various Nigerian investors are already in Durban to take advantage of the
event.
The statement added that the President will be accompanied
on the trip by Geoffrey Onyeama, minister of foreign affairs, Niyi Adebayo,
minister of industry, trade and investment, Ahmed Rufai Abubakar
director-general, national intelligence agency and Segun Awolowo, executive
director/chief executive officer of Nigerian Export Promotion Council.
The president is expected to return to Nigeria on Tuesday,
November 16.
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