Browsing: IATF 2021

Volkswagen in Rwanda - The Exchange

The Intra African Trade Fair (IATF2021) is expected to be a grand event that comes in the backdrop of very optimistic forecasts for the automobile industry in Africa.

To be held next year in Kigali, Rwanda, from 6 – 12 September 2021, the IATF 2021 is a major trade event, that serves to boost sells of vehicles and related parts across the continent. The event will provide a unique and valuable platform for businesses to explore a single integrated African market of over 1.3 billion people with a combined GDP of over US$2.5 trillion.

Thanks to increased regional value chains, Afreximbank is of the view that new vehicle sales increase from 1 million to 5 million units a year across Africa.

 

A senior trade facilitator Gainmore Zanamwe told an online seminar that the sector prospects are brigh and described the Automotive Tradeshow is a critical base from which to …