Skip to content
Ova News NG

Ova News NG

Ova News feed Aggr. V2

Primary Menu
  • HOME
  • NEWS
  • ENTERTAINMENT
  • SPORTS
  • POLITICS
  • WORLD NEWS
  • LIVE FOOTBALL SCORES
  • WATCH
  • Home
  • NEWS
  • Nigeria to host Intra-African Trade Fair 2027 in Lagos
  • NEWS

Nigeria to host Intra-African Trade Fair 2027 in Lagos

ovanews 12 months ago 2 min read
Share:

Nigeria has been officially announced as the host nation for the Intra-African Trade Fair, IATF, 2027, with Lagos named as the host city.

The declaration was made by former Nigerian president and Chair of the IATF 2025 Advisory Council, Olusegun Obasanjo, during the opening ceremony of the ongoing 2025 edition in Algiers, Algeria.

Obasanjo said the tradition of rotating the trade fair across different African countries reinforces regional integration and ensures lasting socio-economic legacies for each host nation.

“The IATF is not just a trade fair. It is a journey across our continent and the global African community, a journey of shared vision for intra-African trade and regional integration,” Obasanjo stated.

Describing the IATF as a symbol of Africa’s economic awakening, Obasanjo stressed that the fair has evolved into a powerful driver of trade expansion and cross-border investment across the continent.

He commended Algerian President, Abdelmadjid Tebboune for championing development in critical sectors such as energy, healthcare, industrialisation, agribusiness, technology, and innovation, noting that the IATF has grown into Africa’s most important trade and investment gathering, connecting governments, investors, innovators, and entrepreneurs under the umbrella of the African Continental Free Trade Area, AfCFTA.

Highlighting the fair’s economic impact, Obasanjo revealed that the last three editions collectively generated trade and investment deals worth over $120 billion.

He noted that the 2025 edition is set to be the largest yet, with 48 African countries participating, marking the highest level of representation since the IATF’s inception in 2018.

Obasanjo also recalled the landmark 2018 Cairo edition, where Africa’s largest intra-African Engineering, Procurement, and Construction (EPC) contract was signed, a $2.9 billion hydropower deal between Egyptian contractors and the Tanzanian government to deliver 2,150MW of clean energy, benefiting over 60 million Tanzanians. He said such transformational projects exemplify the lasting influence of the IATF.

He applauded visionary African leaders for their courage and commitment to advancing the continent’s development, while also recognising Benedict Oramah, former President of Afreximbank, whom he credited as the pioneer and driving force behind the IATF.

“On behalf of the Advisory Council and all of us, we appreciate you. We thank you,” Obasanjo said.

Nigeria to host Intra-African Trade Fair 2027 in Lagos

Share:

Related:

  • Even if Tinubu appoints Seyi as INEC chairman, he’ll be defeated in 2027 — Dalung
    Even if Tinubu appoints Seyi…
    NEWS
  • Peter Obi celebrates Uncle Sam, commends Vanguard’s role in nation-building
    Peter Obi celebrates Uncle…
    NEWS
  • AMSG mourns over 100 miners killed in CAR’s mine collapse
    AMSG mourns over 100 miners…
    NEWS
  • Subsidy restoration, demonstration of serious ignorance on governance, economy – Tinubu
    Subsidy restoration,…
    NEWS
  • NANS suspends Ondo protest after govt approves 60% subvention increase
    NANS suspends Ondo protest…
    NEWS

Post navigation

Previous May Edochie takes legal action against Yinka Theisan, demands N500m in damages for defamation
Next See yourselves as partners in road safety responsibilities — FRSC to Special Marshals

Recent

Atiku mourns Ogogo, says actor’s death leaves ‘painful void’ in Nollywood

Atiku mourns Ogogo, says actor’s death leaves ‘painful void’ in Nollywood

Jide Kosoko, others pay tribute to late Taiwo ‘Ogogo’ Hassan

Jide Kosoko, others pay tribute to late Taiwo ‘Ogogo’ Hassan

Atiku politicizing nation’s economy with his flip-flops on subsidy – Presidency

Atiku politicizing nation’s economy with his flip-flops on subsidy – Presidency

Weah calls for independent judiciary to safeguard democracy

Weah calls for independent judiciary to safeguard democracy

Weah calls for independent judiciary to safeguard democracy

Weah calls for independent judiciary to safeguard democracy

Goronyo boat disaster, terror attacks: Gorau demands decisive security action

Goronyo boat disaster, terror attacks: Gorau demands decisive security action

SECTIONS

  • ENTERTAINMENT
  • FOOTBALL
  • NEWS
  • POLITICS
  • SPORTS
  • WORLD NEWS
  • LIVE FOOTBALL SCORES ⚽ ⚽ ⚽

Hey There!!., Get all Latest Ova News Feeds on the Go! 👋

Sign up to receive all Our latest News content Recap in your inbox every weekend.

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

Quick Links

  • News
  • Entertainment
  • Live Football Scores
  • Premier League Scores

Legal

  • About
  • Terms of Use
  • Privacy Policy

Connect with Us

  • News Media Partners
  • Contact Us
  • Advertise
Copyright © 2025 Ova News Network | Created by Ben Ova O. | All Rights Reserved. | Magnitude by AF themes.
pixel