• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, September 9, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Ecofairs To Enhance Trade, Investment Between African countries

by Olushola Bello
2 years ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

Global economic stakeholders have said, Ecofairs 2024 would enhance the goals of Intra-African trade under the Africa Continental Free Trade Area (AfCFTA).

Advertisement

Ecofairs is a business initiative of the Economic Community of West African States (ECOWAS) and Friendly Countries in collaboration with the Lagos state government.

Speaking at the Ecofairs news briefing held recently in Lagos, head, Economic and Commercial office, Embassy of Arab Republic of Egypt, Mr Amr Altantawy said Ecofairs would enhance trade and investment between African countries.

He stated that African economic development was one of the top priorities of Egypt, noting that both Egypt and Nigeria have strong presence and influence in all African forums and entities.

Altantawy emphasised the need to cooperate, to fully implement AfCFTA to benefit from its advantages, saying, “we believe that this step will encourage trade between our countries, especially in the sector of food industries, agriculture, mining, energy, construction, infrastructure, textiles, health and medical industries, information technology and much more.”

ADVERTISEMENT

Consul General of Ghana, Ms Samantha Bukari, said efforts must be in place to make sure that the AfCFTA was well embraced by Africa and their friends worldwide.

Bukari also stated the need to further eliminate barriers to trade to allow the continent to have comparative advantage worldwide.

Rwanda High commissioner, Ambassador Christophe Baziuamo, said the AfCFTA stood as a testament to the collective vision of a united continent in commerce and trade. He said, Rwanda, like many other African nations, recognised the immense potential the agreement held.

ADVERTISEMENT

He, however, stated that unlocking AfCFTA’s full potential required more than just eliminating tariffs, but must address the critical issue of infrastructures.

Baziuamo said beyond the removal of trade barriers and development of infrastructure, to truly unlock the AfFCTA potential, Africa must also nurture local industries to transform itself from a resource exporter to a manufacturing powerhouse.

The chief executive officer, Ecofairs, Mr Ejarkaminor Riicolins said the 2024 edition was a four in one event with activities such as sales and exhibition, Lagos by night, African excellent award and malaria eradication.

Riicolins stated that over 10,000 potential buyers of goods and services were expected at the 10-day event scheduled for September 6 to September 15, 2024.

“In line with the aim of the AfCFTA to promote indigenous goods and services, interregional partnership entrepreneurship and business extension between Africans and friendly countries, this fair is being held. It would open investment opportunities to foreign investors in the region and facilitate skill and knowledge transfer from invited countries of the year to a sizable number of African young entrepreneurs.

“Ecofairs would also provide solutions to communities by rendering social services such as malaria eradication programmes,” he said.

RELATED

World Bank Picks Gombe, 2 Others For Global Livestock Summit In France

World Bank Picks Gombe, 2 Others For Global Livestock Summit In France

4 hours ago
Naira Depreciates to N1,175 Per Dollar At Parallel Market

Naira Soars 6-month High At N1,506 To 1$

8 hours ago

Meanwhile, Comptroller Dera Nnamdi, Comptroller, Tin Can Port, Command, Nigeria Customs Service, said the service was interested in facilitating a higher level of trade between Nigeria and other African countries.

Also, the Inspector General of Police, Kayode Egbetokun, assured participants at Ecofairs of the highest levels of security.


Join Our WhatsApp Channel



SendShare10174Tweet6359Share
ADVERTISEMENT
Previous Post

AFCON 2023: Peter Onyekachi Urges Super Eagles To Win Trophy

Next Post

Abiru Calls For Patience With CBN Over Forex Policies

Olushola Bello

Olushola Bello

You May Like

World Bank Picks Gombe, 2 Others For Global Livestock Summit In France
Business

World Bank Picks Gombe, 2 Others For Global Livestock Summit In France

2025/09/08
Naira Depreciates to N1,175 Per Dollar At Parallel Market
Business

Naira Soars 6-month High At N1,506 To 1$

2025/09/08
Schneider Electric Introduces Microgrid Power For Off-grid Communities
Business

Schneider Electric Deploys Non-critical Applications In West Africa

2025/09/08
BUA Group Condemns Attack On NSCDC Personnel In Okpella, Edo
Business

BUA Group Condemns Attack On NSCDC Personnel In Okpella, Edo

2025/09/08
Equities Extend Losses By N345bn
Business

Risk-off Sentiment Deepens As Stock Investors Lose N832bn In 1 Week

2025/09/08
UBA Shareholders Approve N5 Per Share Dividend For 2024
Business

Recapitalisation: UBA Extends N157.84bn Rights Issue By 2 Weeks

2025/09/08
Leadership Conference advertisement

LATEST

Literacy Must Now Include Digital Skills, Says Remi Tinubu

Boko Haram: Cattle Rearers Laud Commission For Rebuilding North East Region

Deputy Senate President Condoles With Lawmaker Over Elder Brother’s Demise

Board Reviews Syllabuses Of Technical Colleges

Panel Uncovers Fraud In 2025 Unified Tertiary Examination

Council Funds: Osun Govt Contests Jurisdiction Of Abuja Court

Varsity Don Gets Global Recognition

CSO Faults Sowore Over Response To Tinubu Remarks

Oba Of Benin Declares 2-week Prayer, Fasting For Peace, Bumper Harvest

Don’t Mislead Public, Kano Government Admonishes Journalists

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.