Zimbabwe will permanently host the Intra-African Trade Fair beginning in 2029 after winning continental hosting rights, officials announced on Friday. The African Export-Import Bank confirmed the decision at an investiture ceremony in Cairo, positioning the southern African nation as a regional trade hub following Nigeria's turn to host the event.
Afreximbank created a $2 billion fund to expand Zimbabwean agricultural exports and strengthen food security across the continent. The bank identified key farmers and food processors to participate in the program, which aims to increase production for domestic consumption and regional trade. Officials are working with Zimbabwe's agriculture ministry to prepare infrastructure for the permanent trade fair site.
The bank supports using Zimbabwe's geographic position and farming capacity to accelerate economic development and regional cooperation. Afreximbank Acting Director for Trade Facilitation Gainmore Zanamwe said preparations are advancing with government partners to establish the permanent venue. The facility targets producers and processors interested in exporting agricultural goods to African markets requiring food products.
Afreximbank created a $2 billion fund to expand Zimbabwean agricultural exports and strengthen food security across the continent. The bank identified key farmers and food processors to participate in the program, which aims to increase production for domestic consumption and regional trade. Officials are working with Zimbabwe's agriculture ministry to prepare infrastructure for the permanent trade fair site.
The bank supports using Zimbabwe's geographic position and farming capacity to accelerate economic development and regional cooperation. Afreximbank Acting Director for Trade Facilitation Gainmore Zanamwe said preparations are advancing with government partners to establish the permanent venue. The facility targets producers and processors interested in exporting agricultural goods to African markets requiring food products.
