Afreximbank targets $50bn deals at 2027 Lagos trade fair

…Says AfCFTA key to unlocking Africa’s trade potential

By Emma Ujah, Abuja Bureau Chief

ABUJA — The African Export-Import Bank, Afreximbank, is targeting more than $50 billion in trade and investment deals at the 2027 Intra-African Trade Fair, IATF, scheduled to hold in Lagos.

The bank said the target followed the over $167 billion in trade and investment deals recorded across the first four editions of the fair.

Executive Vice-President, Intra-African Trade and Export Development at Afreximbank, Mrs Kanayo Awani, disclosed this yesterday while highlighting the opportunities the 2027 edition would present for Nigeria and other African countries under the African Continental Free Trade Area, AfCFTA.