Skip to content
Ova News NG

Ova News NG

Ova News NG feed 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 5 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

FB Comments Box
Share:

Related:

  • 10 African countries with the largest oil reserves in 2026
    10 African countries with the…
    NEWS
  • FEATURE: What Lagos Can Learn From Kenya, Morocco, Uganda’s Forced Evict
    FEATURE: What Lagos Can Learn…
    NEWS
  • Nigeria, Others To Attract Over $50bn Energy Investment, Says NUPRC
    Nigeria, Others To Attract…
    NEWS
  • Real-Time Impasse: Kukah Center, Yiaga Africa, others send message to NASS Conference Committee on ‘embedded loopholes’
    Real-Time Impasse: Kukah…
    NEWS
  • cropped-fb_img_15824808200841041-modified-2.png
    10 hottest countries in Africa
    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
  • Afenifere raises alarm over escalating terror in border states, urges S’West govs to act decisively
    • NEWS

    Afenifere raises alarm over escalating terror in border states, urges S’West govs to act decisively

  • China to scrap tariffs for Africa from May — Xi
    • NEWS

    China to scrap tariffs for Africa from May — Xi

  • Trump drew global attention to Middle Belt crisis – Danjuma
    • NEWS

    Trump drew global attention to Middle Belt crisis – Danjuma

  • Why Ekiti govt should adopt Parapo College as legacy school – Arogundade, Alumni President
    • NEWS

    Why Ekiti govt should adopt Parapo College as legacy school – Arogundade, Alumni President

  • Real-Time Impasse: Kukah Center, Yiaga Africa, others send message to NASS Conference Committee on ‘embedded loopholes’
    • NEWS

    Real-Time Impasse: Kukah Center, Yiaga Africa, others send message to NASS Conference Committee on ‘embedded loopholes’

  • Crystal Palace XI vs Newcastle United – Predicted lineup and team news
    • FOOTBALL

    Crystal Palace XI vs Newcastle United – Predicted lineup and team news

  • Tottenham Hotspur vs Sunderland – Predicted lineup and team news
    • FOOTBALL

    Tottenham Hotspur vs Sunderland – Predicted lineup and team news

  • Manchester City vs Chelsea – Predicted lineup and team news
    • FOOTBALL

    Manchester City vs Chelsea – Predicted lineup and team news

  • Manchester United XI vs Leeds – Predicted lineup and team news
    • FOOTBALL

    Manchester United XI vs Leeds – Predicted lineup and team news

  • Tiwa Savage: A real woman longing for love and family
    • ENTERTAINMENT

    Tiwa Savage: A real woman longing for love and family

  • Afenifere raises alarm over escalating terror in border states, urges S’West govs to act decisively
    • NEWS

    Afenifere raises alarm over escalating terror in border states, urges S’West govs to act decisively

  • China to scrap tariffs for Africa from May — Xi
    • NEWS

    China to scrap tariffs for Africa from May — Xi

  • Trump drew global attention to Middle Belt crisis – Danjuma
    • NEWS

    Trump drew global attention to Middle Belt crisis – Danjuma

  • Why Ekiti govt should adopt Parapo College as legacy school – Arogundade, Alumni President
    • NEWS

    Why Ekiti govt should adopt Parapo College as legacy school – Arogundade, Alumni President

  • Real-Time Impasse: Kukah Center, Yiaga Africa, others send message to NASS Conference Committee on ‘embedded loopholes’
    • NEWS

    Real-Time Impasse: Kukah Center, Yiaga Africa, others send message to NASS Conference Committee on ‘embedded loopholes’

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

  • Terms of Use
  • Privacy Policy

Connect with Us

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