30th January 2023 – The Arab-Africa Trade Bridges (AATB) Program, a multi-donor, multi-country, and multi-organizations program organized the 3rd Arab African Buyers/Sellers Meeting on Agri-food and Derivative Products in Morocco. The two-day event brought together leading agricultural and food industry professionals from across the Arab and African regions.
Emphasizing the enormous agricultural market potential of the Arab and African regions, the event provided participating organizations with the opportunity to establish and forge commercial relationships and promote cooperation with partners from both regions. The AATB Program has also renewed its focus on advancing food security which is in line with UN Sustainable Development Goal 2 (Zero Hunger).
The B2B event saw active participation from investors, industries, stakeholders, and organizations from Benin, Burkina Faso, Cameroon, Chad, Egypt, Gabon, Ivory Coast, Kenya, Mali, Mauritania, Morocco, Niger, Senegal, Saudi Arabia, Togo, and Tunisia.
Eng. Hani Salem Sonbol, CEO of ITFC and AATB Secretary General, during his opening remarks, said: “The AATB Program is more than ever committed to promoting trade and economic development between Arab and African countries through its various interventions. We are working with member countries and partners to create an enabling environment for trade in the Arab region and across the African continent in line with the African Continental Free Trade Agreement. This event aligns with that mission and serves as a platform to strengthen ties and explore new opportunities in the agri-food and derivatives sector, contributing to the food security efforts in both regions.”
Since its launch in 2017, the Arab Africa Trade Bridges program has established itself as the leading vehicle for promoting trade between Africa and the Arab regions through significant initiatives that support the growth and prosperity of its member countries.
Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).
About the Arab-Africa Trade Bridges (AATB) Program:
The AATB Program is a multi-donor, multi-country, and multi-organizations program supported by the African Export-Import Bank (Afreximbank), Arab Bank for Economic Development in Africa (BADEA), Islamic Development Bank, The International Islamic Trade Finance Corporation (ITFC) The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), The Islamic Corporation for The Development of The Private Sector (ICD), and The OPEC Fund for International Development. The Program aims to promote and increase trade and investment ﬂows between African and Arab OIC Member Countries; provide and support trade ﬁnance and export credit insurance and enhance existing capacity-building tools relating to trade. The Program specifically focuses on supporting the key sectors of agriculture and related industries including textiles; the health industry including pharmaceuticals; infrastructure and transport; and petrochemicals, construction material, and technology.