Postbank affirms Master Services Agreement with SASSA still in place

Source: Government of South Africa

Wednesday, October 1, 2025

Postbank has announced that its Master Services Agreement (MSA) with the South African Social Security Agency (SASSA) remains firmly in place. 

In a statement on Tuesday, Postbank said this agreement will continue unchanged until an Inter-Ministerial Committee (IMC) has been constituted and has deliberated on the matter.

“This brings certainty and reassurance to millions of social grant beneficiaries, who will continue to use their Postbank Black Cards and SASSA Gold Cards with confidence, enjoying uninterrupted access to their grants and associated banking benefits. 

“Postbank reaffirms its unwavering commitment to protecting the interests of beneficiaries, by ensuring their continued access to their social grants, which form an essential part of South Africa’s Constitutional promise of social protection for all its citizens,” the statement read. 

The bank said it will continue to stand firmly with beneficiaries, safeguarding their welfare and access to dignified, safe and reliable banking services. 

For more information beneficiaries can contact Postbank’s Customer Contact Center on 0800 53 54 55. – SAnews.gov.za

Western Cape hosts Disaster Resilience Summit 

Source: Government of South Africa

Enhancing capacity to mitigate the effects of climate-related disasters and other systemic challenges is at the fore of the Western Cape provincial government’s two-day summit.

Held at the Marriott Hotel Crystal Towers in Century City, the Disaster Resilience Summit unites leaders from government, academia, municipalities, and the private sector to collaboratively develop practical, locally relevant solutions for building resilient communities.

Opening the event on Tuesday in partnership with Santam, Anton Bredell, the Western Cape MEC for Local Government, Environmental Affairs, and Development Planning, emphasised the need for urgent action.

“We must shift decisively from reactive disaster management to proactive risk reduction. That is our task, and that is our responsibility.

“Resilience planning allows us to anticipate risks rather than merely respond to them after the fact,” said Bredell. 

The MEC also pointed to compelling international evidence underscoring the economic and social value of resilience investments.

According to the World Bank, every US$1 invested in making infrastructure disaster-resilient in developing countries saves an estimated US$4 in avoided economic losses. 

In addition, the Global Commission on Adaptation has found that strengthening early warning systems can reduce hazard-related damage by up to 30%. 

“When we invest in anticipatory action and stronger social safety nets, communities recover faster and emerge stronger,” Bredell added.

The MEC believes that the summit is an important milestone in the province’s efforts to promote a comprehensive disaster risk reduction agenda. 

This agenda aims to ensure that the Western Cape is better equipped to handle climate risks, protect livelihoods, and safeguard vulnerable communities. 

This initiative is aligned with this year’s International Day for Disaster Risk Reduction on 13 October, which carries the global theme: “Fund Resilience, Not Disasters.”

The summit’s programme focuses on five key areas, including climate risk and infrastructure resilience, integrated disaster risk management and early warning systems, community-based adaptation and social resilience, governance, financing and institutional readiness, as well as data, innovation, and digital resilience tools.

These will be explored through high-level panels, technical workshops, and a marketplace of municipal innovations showcasing practical solutions.

Head of Department for Local Government, Graham Paulse, highlighted the province’s collaborative approach. 

This summit is not just a conversation – it’s a commitment to action. We are here to identify implementable projects that will make our municipalities safer, smarter, and more responsive.”

Head of Strategy and Investor Relations at Santam, Thabiso Rulashe, reaffirmed the role of partnerships and said building resilience is a shared responsibility that requires an all-of-society approach. 

“As South Africa’s leading general insurer, we are committed to working alongside government and municipalities to close existing gaps, strengthen local capacity, and support practical initiatives such as our Partnership for Risk and Resilience programme, which has already reached more than 29 million people since 2012,” Rulashe added. 

The summit is expected to deliver a practical set of outputs, including case studies, policy recommendations, and investment pathways, that will inform future planning, budgeting, and programme design at provincial and municipal levels. – SAnews.gov.za

African Energy Week (AEW) 2025: Equatorial Guinea to Launch EG Ronda Licensing Round in April 2026

Source: APO

Equatorial Guinea’s Minister of Hydrocarbons and Mining Development Antonio Oburu Ondo announced that the country’s next licensing round will be launched in April 2026 at the African Energy Week (AEW): Invest in African Energies 2025 conference on Monday. The country is finalizing timelines for the licensing round and is inviting companies to participate. Up to 24 blocks will be available for exploration, covering a variety of acreage from offshore to onshore blocks.

The announcement was made during a session on Equatorial Guinea’s New Exploration Drive, hosted by the Ministry of Hydrocarbons and Mining Development of Equatorial Guinea. The upcoming round forms part of the country’s national strategy to accelerate upstream growth, attract fresh investment and unlock offshore exploration and production opportunities, and complements the country’s open-door licensing policy launched in 2023.

“The Ministry of Hydrocarbons and Mining Development invites all companies worldwide to participate in the 2026 licensing round. Since 2023, we have been able to sign seven new PSCs, have recently staged a multi-billion deal with ConocoPhillips, and today, we have Block 29 and 28 under negotiation. This is a result of the open-door policy. Join us in developing these vast resources for the benefit of our country,” stated Minister Ondo.

During the session, investors gained access to detailed geological data, including structural, stratigraphic and prospectivity insights into Equatorial Guinea’s offshore basins. According to Roberto Blanco, CEO of Perceptum, “There is something here for every company portfolio. When you see the geology Equatorial Guinea has to offer, historically, you see that out of 118 exploration wells, 79 have demonstrated hydrocarbons. Yet, we have very little exploration and we hope that the licensing round will address that.”

To support investment through the EG 2026 Licensing Round, the Ministry of Hydrocarbons and Mining Development – in partnership with advisory firm Perceptum and GeoexMCG – is reprocessing more than 9,600 km² of seismic in the Rio Muni Basin. Complementing this initiative, Searcher Seismic is acquiring and reprocessing 2D and 3D seismic data in underexplored areas, delivering high-quality technical packages designed to enhance competitiveness and build investor confidence.

“With the licensing round due to open in April 2026, we have started reprocessing some seismic data, including all the 2D data so that companies can have a regional understanding of the petroleum systems. The EGW 98 and EGW05 Regional 2D’s are being reprocessed now through PSDM sequence and will be available April 2026 from Searcher,” explained Neil Hodgson, Vice President: Geoscience, Searcher.

Oscar Berniko, Director General, Ministry of Hydrocarbons, Equatorial Guinea, said that the country’s existing gas infrastructure will support upcoming investments. He said: “There are fantastic gas processing facilities that have been running for years in the country.” This offers security in terms of offtakers and exports, strengthening the long-term viability of investing in Equatorial Guinea.  

The Ministry of Hydrocarbons and Mining Development has also been improving the regulatory and fiscal regime to attract investment. According to Jay Park, Director at Park Energy Law, “Important changes to the tax law have been made, with a 10% reduction in corporate income tax.”

Teresa Nnang, CEO, BlackStone, stated that “The opportunities are there, but we need to make sure we have the right channels to link the opportunities to the investors,” highlighting the role of consultancies in facilitating engagement.

Meanwhile, under efforts to diversify its economy, Equatorial Guinea is reforming its mining sector to attract investment and drive projects forward. Domingo Mba Esono, the country’s Deputy Minister of Hydrocarbons, explained that “Mining is one of the sectors that we will focus on. We have started reforming the mining law and will be focusing on improving certain aspects to make it more competitive with a stable fiscal regime, tax incentives and clear royalties.”

Distributed by APO Group on behalf of African Energy Chamber.

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A Afreximbank atribui uma linha de crédito Programa de Facilitação Comercial da Afreximbank (AFTRAF) de 100 milhões de dólares ao NBS Bank Plc, Malawi

Source: Africa Press Organisation – Portuguese –

O Banco Africano de Exportação e Importação (Afreximbank) (www.Afreximbank.com) assinou um acordo de facilitação com o NBS Bank Plc Malawi (NBS Bank) para fornecer ao NBS Bank uma linha de crédito de 100 milhões de dólares do Programa de Facilitação Comercial da Afreximbank (AFTRAF) para apoiar o crescente portfólio de financiamento ao comércio do banco e permitir que continue a satisfazer de forma eficaz as necessidades dos seus clientes comerciais. 

Assinado à margem da quarta Feira Intra-Africana de Comércio (IATF2025) pelo Sr. Haytham El Maayergi, Vice-Presidente Executivo do Global Trade Bank, Afreximbank, e pela Sra. Temwani Simwaka, CEO do NBS Bank, o acordo de facilitação é estruturado para ajudar o NBS Bank a aumentar os seus volumes de comércio e a apoiar a importação de produtos essenciais, como fertilizantes, medicamentos e combustíveis para o Malawi. 

Comentando sobre a assinatura, o Sr. Haytham El Maayergi, Vice-Presidente Executivo do Global Trade Bank da Afreximbank, disse que a estrutura era uma demonstração do compromisso da Afreximbank em apoiar empresas e instituições financeiras africanas nativas para atender às necessidades nacionais. 

“This US$10“Esta instalação de 100 milhões de dólares é um dos maiores limites para a AFTRAF para um banco no Malawi,” disse o Sr. El Maayergi, acrescentando: “isso demonstra o compromisso da Afreximbank em apoiar as aspirações comerciais do Malawi como um de seus estados membros. Também demonstra a boa e duradoura relação que existe entre a Afreximbank e o grupo NBS/NICO.” 

A instalação está entre os maiores limites para o AFTRAF de um banco no Malawi”, disse o Sr. EL Maayergi, acrescentando que isso demonstra o compromisso da Afreximbank em apoiar as aspirações comerciais do Malawi como um dos seus estados membros. Também demonstra a boa e duradoura relação que existe entre a Afreximbank e o grupo NBS/NICO. 

Ele expressou confiança de que a infraestrutura permitiria ao NBS Bank apoiar as crescentes necessidades comerciais dos seus clientes, que visam apoiar e aumentar os volumes de comércio de commodities estratégicas em Moçambique, nomeadamente a importação de combustíveis, fertilizantes e produtos farmacêuticos, e também proporcionaria ao banco uma linha de confirmação a partir de dentro de África. 

O Sr. El Maayergi acrescentou que a instalação estava em conformidade com o mandato da Afreximbank de apoiar o comércio intra-africano e extra-africano. 

O programa AFTRAF aumenta a confiança das partes envolvidas na liquidação de transações comerciais internacionais e melhora as relações de banca correspondente ao apoiar importações críticas para a África, impulsionando o comércio intra-africano e facilitando a compra de equipamentos para a produção de bens de exportação. Ele oferece serviços de confirmação de comércio, garantias de confirmação de comércio e compromissos de reembolso irrevogáveis. 

Com a participação de mais de 112.000 visitantes de 132 países, a IATF2025, que ocorreu de 4 a 10 de setembro de 2025, encerrou-se com um resultado notável, com US$ 48,3 mil milhões em acordos comerciais e de investimento assinados durante os sete dias da exposição continental. O evento recebeu 2.148 expositores. 

Distribuído pelo Grupo APO para Afreximbank.

Contato de Imprensa: 
media@intrafricatradefair.com
press@afreximbank.com  

Sobre a Feira de Comércio Intra-Africana:
Organizado pelo Banco Africano de Exportação e Importação (Afreximbank), Comissão da União Africana (AUC) e Secretariado da Zona de Comércio Livre Continental Africana (AfCFTA), a Feira de Comércio Intra-Africana (IATF) pretende fornecer uma plataforma única para facilitar a troca de informações sobre comércio e investimento, em apoio ao aumento do comércio e investimento intra-africanos, especialmente no contexto da implementação do Acordo de Comércio Livre Continental Africano (AfCFTA). A IATF reúne actores continentais e globais para mostrar e exibir os seus produtos e serviços, e para explorar oportunidades de negócios e investimento no continente. Também oferece uma plataforma para partilhar informações sobre comércio, investimento e mercado com os intervenientes e permite que os participantes discutam e identifiquem soluções para os desafios que enfrentam o comércio e investimento intra-africanos. Além dos participantes africanos, a Feira também está aberta a empresas e investidores de países não africanos interessados em fazer negócios na África e em apoiar a transformação do continente através da industrialização e desenvolvimento das exportações. 

Para mais informações, visite www.IntrAfricanTradeFair.com. 

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Speaker calls for stronger youth role in global decision-making

Source: Government of South Africa

The Speaker of the National Assembly, Thoko Didiza, has called for stronger youth participation in parliaments and global decision-making platforms.

Didiza made the call on Monday at the P20 Young Parliamentarians Forum, held under the theme: “Young Parliamentarians as Drivers of Global Solidarity, Equality and Sustainability.”

The two-day meeting, held from 29 – 30 September, brought together delegates from around the world, ahead of the 11th Parliamentary Speakers’ Summit (P20) scheduled for 1 to 3 October 2025.

Didiza emphasised that young people remain a vital force for shaping inclusive, sustainable, and peaceful societies. She highlighted the need to harness the energy, innovation, and perspectives of young leaders.

“Young people are a powerhouse in exploring solutions to the problems of the modern world. Their perspectives, energy and inventive ideas are critical in helping us find original solutions needed for today’s challenges,” Didiza said.

While noting progress made, Didiza said young people continue to be under-represented in many legislatures worldwide.

According to the Inter-Parliamentary Union (IPU), only 2.8% of the world’s parliamentarians are under the age of 30, and 73% of Upper Houses have no members under the age of 30.

She said South Africa encourages youth participation in Parliament through political party processes and youth activism, which has ensured that the voices of young people are included in both Houses.

Didiza also highlighted several pressing issues confronting young people worldwide. These include persistently high levels of unemployment and poverty; the effects of conflict, instability, and migration, which disproportionately affect youth; the severe consequences of climate change, also burdening younger generations; and limited access to education, skills development, and digital opportunities.

The Speaker urged parliaments to use their oversight powers to advance policies that promote youth empowerment, entrepreneurship, decent work, and access to technology, while also ensuring the responsible regulation of artificial intelligence.

“As we promote societies founded on democracy and respect for human rights, we must be conscious that young people are often the most affected by the decisions we make today. It is no longer acceptable to take decisions without their voices,” Didiza said.

The Speaker further emphasised the need for solidarity and international cooperation to build inclusive economies and address global challenges such as inequality, climate change, and geopolitical tensions.

“The actions and decisions we take today must ensure that young people, particularly in the Global South, gain meaningful access to economic opportunities and play a central role in shaping a just and sustainable future,” she said.

The outcomes of this Summit will inform parliamentary deliberations on issues including unemployment, education, healthcare, and sustainable development in South Africa, the African continent, and the rest of the world. – SAnews.gov.za
 

Rural and coastal economies crucial drivers of growth

Source: Government of South Africa

Forestry and fisheries are proving to be powerful engines of rural and coastal development, directly fueling South Africa’s economic growth.

Minister of Forestry, Fisheries and the Environment, Dr Dion George, on Wednesday highlighted how these sectors are creating jobs, supporting families, and driving transformation in areas often overlooked in the country’s growth story.

“Forestry and fisheries are not small, side industries. They are pillars of our economy, supporting families, creating work, and driving transformation in places often left out of the growth story,” said the Minister.

Recent data show that agriculture, forestry and fishing recorded strong growth in late 2024 and early 2025, providing a vital boost to the national GDP at a time when other industries faced pressure.

At the heart of this momentum is the Commercial Forestry Master Plan, adopted in 2019, which charts a course for inclusive growth. As part of the plan, State-owned plantations are being transferred to communities, opening opportunities in timber production and processing industries, and generating jobs in rural areas.

On the fisheries front, the department has formally recognised about 10 000 small-scale fishers, organised into 171 cooperatives across four provinces. With support in co-management, abalone ranching and mentorship, these cooperatives are gaining access to resources that increase income and resilience.

The Fishing for Freedom campaign is also breathing new life into South Africa’s harbours, turning them into hubs of economic activity. Revitalised harbours are now supporting fish processing, boat repair, tourism and hospitality, ensuring that coastal towns become vibrant centres of growth.

“Every cooperative supported, and every harbour revitalised is proof that environmental stewardship is not in conflict with jobs. It is the foundation of jobs,” said George.

He added that the growth of forestry and fisheries demonstrates how green industries can deliver prosperity while safeguarding resources for the future.

“By planting trees, empowering cooperatives, and revitalising harbours, we are showing that rural and coastal economies are not waiting at the margins. They are leading South Africa’s growth story,” George said. — SAnews.gov.za

No storm in a teacup as local company seeks new market in Germany

Source: Government of South Africa

A Limpopo company based at the Ga-Matlala Ramoshebo village near Marble Hall is on a mission to seek an export market in Germany. 

Setsong Tea Crafters will be one of the 30 companies that will be showcasing their products at the Anuga International Food and Beverage Trade Fair that will take place in the German town of Cologne, from 4-8 October 2025.

The participation of the companies has been made possible by the Department of Trade, Industry and Competition (the dtic) that has set up a national pavilion for the showcasing of proudly South African products at Anuga. This is part of the department’s efforts to assist companies seek export opportunities in various parts of the world.

READ | SA companies to showcase their products at Anuga International Trade Fair

The co-founder of Setsong Tea Crafters, Nondumiso Phaahla, says the company will take full advantage of the opportunity to showcase its products in Germany with the hope of capturing the hearts and attention of international importers who will flock to Germany in search of quality, world-class food products and beverages. 

Anuga is a biennial event that is regarded as the world’s largest and most important food and beverage fair. It attracts distributors, retailers, importers and wholesalers of food and beverages from all continents.

Phaahla is optimistic that the tasteful indigenous black bush and red root tea products that are produced by her company will impress the international importers and distributors. In South Africa, the Setsong products, that are produced from indigenous plants found in Limpopo, are sold in various stores including Spar, Food Lovers Market and Dischem.

“We are working hard to meet the growing local demand, but we are looking forward to the trip to Germany because we are confident that our tea will definitely hold its own and compete successfully on the international market.

We are excited about the trip as it provides us with an opportunity to showcase products from a village in Limpopo on an international stage. Organic foods and beverages are in demand all over the world,” explained Phaahla.

The company is also planning to expand its production factory in order to meet the domestic and international demand that it is “optimistic will be created by our trip to Germany.”

“We are not only targeting Germany, but Europe and other parts of the world, as there will be food importers from various continents at Anuga,” she said.

She said if the company succeeds in securing exports orders from international importers at Anuga, the impact on the company will be positive and far-reaching, as they will be compelled to increase production in order to service the new export markets. Increasing production will result in the creation of more jobs. 

Currently, the company, which was established in 2014, employs 35 permanent staff and will soon roll out its expansion plans that will see a state-of-the-art factory being built in the village to enable them to increase production. 

The company’s production facilities consist of seven rondavels that have been turned into a food agro-processing centre. The rondavels represent various stages of the production value cycle from harvesting to packaging.

“Our place has become a tea and indigenous knowledge hub. We are now adding an agro tourism component and have started hosting tea tours that are gradually becoming popular with visitors,” Phaahla said. – SAnews.gov.za

Big catch ahead for this West Coast Rock Lobster fishing season

Source: Government of South Africa

The Minister of Forestry, Fisheries and the Environment, Dr Dion George, has announced a 58.4% increase in the Total Allowable Catch (TAC) and Total Allowable Effort (TAE) for the 2025/2026 West Coast Rock Lobster fishing season.

“The 58.4% increase reflects our commitment to both ecological recovery and economic opportunity. By basing our decisions on the best available science, we can ensure that this iconic fishery continues to thrive for generations to come,” the Minister said on Tuesday.

The TAC will rise from 505 tonnes in 2024/2025 to 800 tonnes for 2025/2026.

This follows the latest scientific assessment, which shows signs of recovery in the resource.

The TAC will be shared as follows:

  • Commercial Offshore: 400 tonnes (50%).
  • Commercial Nearshore: 136 tonnes (17%).
  • Recreational: 24 tonnes (3%).
  • Small Scale Nearshore: 136 tonnes (17%).
  • Small Scale Offshore: 104 tonnes (13%).

To protect the stock, the fishing season remains capped at four months per zone, typically from 15 November 2025 to 15 March 2026. 

The limit prevents harvesting during sensitive biological periods and helps curb poaching.

The Department of Forestry, Fisheries and the Environment considered an industry request to extend the season to six months but opted to retain the four-month limit.

 “Extending the season at this stage would compromise recovery. The shorter season strikes the balance between protecting the stock and sustaining the livelihoods of fishing communities,” George said.

Other industry requests, such as landing rights for nearshore holders on behalf of others, and weekend fishing in May and June, were declined due to concerns about poaching and stock monitoring.

However, the Minister stressed the department’s willingness to keep engaging.

“We value the industry’s input and remain committed to working together on solutions that protect our marine ecosystems, while addressing community needs,” he said.

For recreational fishers, the season is set at 12 days, with dates to be confirmed by amendment to the Marine Living Resources Act (MLRA) Regulations. 

Stakeholders may appeal TAC and TAE decisions within 30 days by writing to MLRAAppeals@dffe.gov.za, with a copy to CSCapplications@dffe.gov.za.

According to the Minister, the increase signals a positive trajectory for the West Coast Rock Lobster.

“By maintaining rigorous science and constructive engagement, South Africa is building a sustainable fishery that supports jobs, strengthens communities and preserves the country’s marine heritage,” George said. – SAnews.gov.za

Border management to come under the spotlight at Steering Committee meeting

Source: Government of South Africa

Wednesday, October 1, 2025

The Commissioner of the Border Management Authority (BMA), Dr Michael Masiapato, will co-chair the Eswatini–South Africa Steering Committee Meeting on Border Management. 

This as the Commissioner is set to lead a high-level delegation to Thursday’s session.

“The meeting forms part of ongoing bilateral engagements between South Africa and the Kingdom of Eswatini aimed at strengthening cooperation and enhancing the management of ports of entry shared by the two countries,” said the BMA.

A key focus of the session will be the implementation protocol of the Joint Action Plan, which was signed at the end of 2024.

The Joint Action Plan commits all entities operating at the ports of entry between South Africa and Eswatini to develop immediate, medium- and long-term measures to improve the facilitation and management of goods, travellers and vehicles across the border. 

The BMA and the South African Revenue Service (SARS) signed the historic agreement with Eswatini to collectively address challenges faced in the border environment.

Through this cooperation, South Africa and the Kingdom of Eswatini are working towards a shared vision of modern, secure, and well-managed borders. 

“The Bilateral Joint Action Plan further includes commitments to harmonise policy and procedures, strengthen joint planning, and optimise the deployment of resources to support efficient movements and trade facilitation.

“This engagement builds on significant progress already achieved through similar Joint Action Plans signed with the Republic of Mozambique in 2023 and with the Kingdom of Lesotho earlier this year, both of which have already resulted in notable improvements in border coordination and trade facilitation,” the BMA said.

The South African Revenue Services (SARS) delegation will be led by Beyers Theron, the Director for Customs.

The BMA and SARS are commited to deepening intergovernmental cooperation and strengthening the efficiency of border operations across all ports of entry. – SAnews.gov.za

Afreximbank allocates US$100 million Afreximbank Trade Facilitation Programme (AFTRAF) line of credit to NBS Bank Plc Malawi

Source: APO – Report:

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed a facility agreement with NBS Bank Plc Malawi (NBS Bank) to provide NBS Bank with a US$100 million Afreximbank Trade Facilitation Programme (AFTRAF) line of credit to support the bank’s growing trade finance portfolio and enable it to continue to effectively meet its trade clients’ needs.  

Signed on the sidelines of the recently concluded Intra-African Trade Fair 2025 (IATF2025) by Mr. Haytham El Maayergi, Executive Vice President, Global Trade Bank, Afreximbank, and Mrs. Temwani Simwaka, CEO of NBS Bank, the facility agreement is structured to assist NBS Bank to increase its trade volumes and to support importation of essential commodities, like fertiliser, medicines and fuel into Malawi.  

Speaking on the signing, Mr. Haytham El Maayergi, Executive Vice President, Global Trade Bank, Afreximbank, said that the facility was a demonstration of Afreximbank’s commitment to support indigenous African businesses and financial institutions to meet national needs. 

“This US$100 million facility is among the largest limits for AFTRAF for a bank in Malawi,” Mr. El Maayergi said, adding, “it demonstrates Afreximbank’s commitment to supporting Malawi’s trade aspirations as one of its member states. It also demonstrates the good and long-term relationship that exists between Afreximbank and the NBS/NICO group.” 

He expressed confidence that the facility would enable NBS Bank to support the growing trade needs of its customers which are aimed at supporting and increasing trade volumes for strategic commodities in Malawi, notably the importation of fuel, fertiliser and pharmaceuticals, and would also provide the bank with a confirmation line from within Africa. 

Mr. El Maayergi added that the facility was in line with Afreximbank’s mandate of supporting intra- and extra-African trade. 

AFTRAF programme enhances the confidence of counterparties in the settlement of international trade transactions and improves correspondent banking relationships by supporting critical imports into Africa, boosting intra-African trade and facilitating the purchase of equipment for the production of export goods. It provides trade confirmation services, trade confirmation guarantees and irrevocable reimbursement undertakings. 

Attended by more than 112,000 visitors from 132 countries, IATF2025, which took place from 4 to 10 September 2025, ended on a remarkably high note with US$48.3 billion in trade and investment deals signed over the seven days of the continental exposition. It welcomed 2,148 exhibitors. 

– on behalf of Afreximbank.

Media contact: 
media@intrafricatradefair.com
press@afreximbank.com

About the Intra-African Trade Fair:
Organised by African Export-Import Bank (Afreximbank), African Union Commission (AUC) and African Continental Free Trade Area (AfCFTA) Secretariat, the Intra-African Trade Fair (IATF) is intended to provide a unique platform for facilitating trade and investment information exchange in support of increased intra-African trade and investment, especially in the context of implementing the African Continental Free Trade Agreement (AfCFTA). IATF brings together continental and global players to showcase and exhibit their goods and services and to explore business and investment opportunities in the continent. It also provides a platform to share trade, investment and market information with stakeholders and allows participants to discuss and identify solutions to the challenges confronting intra-African trade and investment. In addition to African participants, the Trade Fair is also open to businesses and investors from non-African countries interested in doing business in Africa and in supporting the continent’s transformation through industrialisation and export development.  

For more information, please visit www.IntrAfricanTradeFair.com. 

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