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Afreximbank signs deals worth $30 bln during Intra-African Trade Fair 2018 in Egypt

MENA, Monday 17 Dec 2018
Afrreximbank
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The chairman of the African Export-Import Bank (Afreximbank) Benedict Oramah said that agreements worth $30 billion signed during the Intra-African Trade Fair, which took place in Egypt from 11 to 17 December.

Oramah made the comments in a speech at the closing session of the fair, which he said represents an important start to the path of the joint African economic cooperation. 

Oramah added that 100 commercial deals were made on the African and international levels.

He further hailed the prominent role played by the Egyptian government in ensuring the success of the fair and reaching a positive outcome beyond expectations.

The fair will contribute to increasing inter-African trade from $170 billion to $250 billion by 2021 with an increase of 32 percent, Oramah asserted.

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