At IATF 2023, Ecobank Group promotes growth in intra-African commerce.

At IATF 2023, Ecobank Group promotes growth in intra-African commerce.

November 9, 2023.

, About Ecobank Group (sometimes known as "ETI" or "Ecobank Transnational Incorporated")

With unparalleled African experience, Ecobank Group is the top private pan-African banking organization. Its distinctive pan-African platform, which is available in 35 sub-Saharan African nations as well as France, the UK, the UAE, and China, offers a solitary point of contact for payments, cash management, commerce, and investment. With more than 14,000 employees, the Group provides over 32 million clients with consumer, commercial, corporate, and investment banking products, services, and solutions through a variety of channels, including digital. 

For additional details, please go to Cairo, Egypt: The Intra-African Trade Fair 2023 (IATF 2023), the continent's flagship trade and investment event, is being sponsored by Ecobank Group, the top pan-African banking group. It will take place in Cairo, Egypt, from November 9–15, 2023. This year, "Connecting African Markets" is the central idea. With the creation of the African Continental Free Trade Area (AfCFTA), the event will give corporations a platform to expand their intra-African trade and investments throughout the continent's 1.4 billion inhabitants. Over 1,600 exhibitors displaying their products and services, over 35,000 attendees, and US$43 billion in trade and investment deals are anticipated at IATF 2023. Additionally, the event is expected to accelerate Africa's commercial and economic growth and development, which is in line with Ecobank's primary mission.

Group Executive for Corporate and Investment Banking at Ecobank Group Eric Odhiambo stated: "IATF offers Africa's businesses unparalleled chances to network, establish connections, and execute agreements with purchasers and sellers from throughout the continent. Ecobank is positioned as the "go to" bank for payments and commerce thanks to our extensive suite of banking products, services, solutions, and our well-established digital infrastructure, which enables smooth payments and collections across our 35 countries of presence in Africa. We have also implemented a number of programs to help businesses expand and succeed, such as the revolutionary Ecobank Single Market Trade Hub that links importers and exporters throughout Africa. 

 A state-of-the-art digital platform called the Ecobank Single Market Trade Hub functions as a clearinghouse for information and a platform for trade. It was created to meet the changing needs of corporates and SMEs in Africa's single market. Because Ecobank has a network advantage due to its presence in 35 African markets, the Trade Hub lessens the asymmetry in trade information and takes advantage of Ecobank's large clientele. With over 2,000 users currently registered on the platform,the Trade Hub provides crucial functions and services. MyTradeHub is an online marketplace that connects importers and exporters with customers and suppliers across Africa by allowing them to showcase their products and services, establish company files,and exchange goods and services.

IATF 2023 is expected to be a major player in increasing knowledge of the AfCFTA, assisting African firms in seizing its advantages, opening up new markets around the continent,encouraging investments, and strengthening value chains. The Ecobank Group is happy to be a sponsor of the IATF2023, and it is committed to continue contributing significantly to achieving the goals of the AfCFTA.Read more at                                                           

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