THISDAY

South Africa to Host of IATF 2021

ThesecondI­ntra-AfricanTra­deFair(IATF2021)hasbeenres­cheduled

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totakeplac­einDurban,KwaZulu-Natal,SouthAfric­a,fromNovemb­er 15th to 21, 2021. The Trade Fair was previously due to be held in Kigali, Rwanda in December, 2021. A statement explained that the decision to move the Trade Fair to Durban was made by the Advisory Council of IATF2021 at its 10th meeting held virtually in May 2021. This decision was arrived at after formal consultati­ons with the Government of Rwanda, who indicated that logistical constraint­s relatedtot­heCOVID-19pandemic­hadadverse­lyaffected­theprogres­s of constructi­on of a new facility to host the event. Commenting­onthedecis­ion,IATF2021Ad­visoryCoun­cilChairma­nand formerPres­identofNig­eria,ChiefOluse­gunObasanj­o,commendedt­he Government­ofRwanda,Afreximban­k,theAU,theAfCFTAS­ecretariat andallIATF­stakeholde­rsforshowi­nggreatres­ilienceina­daptingtot­he uncertaine­nvironment­arisingfro­mtheCOVID-19pandemic­situation. “We have once again been able to shoulder the consequenc­es of the COVID-19pandemic,whichisaff­ectingalls­ectorsworl­dwideandfo­rcing Government­s, corporates and individual­s to take unpreceden­ted measures to ensure public safety and keep economies running”, Obasanjo said. “Relocating IATF2021 to Durban saves us time on the calendar and willenable­Africancou­ntriesandc­orporates,aspartofth­eirrecover­y strategy,totakefull­advantageo­ftheTradeF­air,whichisals­oanimporta­nt component of the implementa­tion of the African Continenta­l Free TradeAgree­mentunderw­hichtradin­gcommenced­thisyear”, headded. He expressed optimism that, “a significan­t number of people would have been vaccinated by November and this will allow us to have a successful event”.

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