Algeria is doubling down on its commitment to boosting intra-African trade following the success of the African Import-Export Trade Fair (IATF) 2025, held in Algiers earlier this year. Prime Minister Sifi Ghrib chaired a meeting with key economic stakeholders who finalized significant deals during the event, signaling a proactive approach to leveraging the opportunities generated by the trade fair. The meeting, held at the Government Palace on Thursday, underscores the government’s dedication to facilitating and supporting businesses involved in expanding trade relations across the continent.
The fourth edition of the IATF, hosted in Algeria from September 4th to 10th, proved to be a significant catalyst for fostering business partnerships and driving economic growth. The event brought together businesses, investors, and policymakers from across Africa, creating a platform for networking, deal-making, and knowledge sharing. The Algerian government played a key role in ensuring the success of the trade fair, providing logistical support and creating a conducive environment for participants.
During the meeting, Prime Minister Ghrib emphasized the importance of translating the agreements signed during the IATF into tangible economic benefits for Algeria and its African partners. He reiterated the government’s commitment to providing the necessary support and resources to ensure the successful implementation of these agreements. This includes streamlining bureaucratic processes, facilitating access to finance, and promoting investment in key sectors.
The focus on intra-African trade aligns with the African Union’s Agenda 2063, which aims to create a prosperous and integrated continent. By actively promoting trade and investment within Africa, Algeria is contributing to the realization of this vision. The IATF serves as a crucial platform for achieving this goal, fostering economic diversification, creating jobs, and reducing reliance on external markets.
The Prime Minister’s meeting highlights Algeria’s strategic vision for economic development, emphasizing the importance of regional integration and partnerships. The government recognizes that increased intra-African trade is essential for unlocking the continent’s vast potential and driving sustainable economic growth. The success of the IATF 2025 in Algeria serves as a testament to the country’s commitment to this vision and its role as a key player in promoting intra-African trade. The government is taking concrete steps to ensure that the momentum generated by the trade fair translates into long-term economic benefits for Algeria and the wider African continent. Further investments in infrastructure and support programs for local businesses are anticipated to build upon the success of the IATF and foster even greater economic cooperation.
Related: More economie articles on DZWatch
Source: External reference
