Nigeria Secures Hosting Rights for Landmark Intra-Africa Trade Fair 2027

The Federal Republic of Nigeria has formally signed the host agreement for the fifth Intra-Africa Trade Fair (IATF2027), marking a significant milestone in the nation’s efforts to bolster continental economic integration. The signing ceremony was held on 10 March 2026 in Lagos.

The agreement confirmed that this high-profile event will take place in Lagos from 5 to 11 November 2027.   Follow our WhatsApp Channel

In an official statement, the Federal Republic of Nigeria noted, “Nigeria takes over the mantle from Algeria, which hosted the fourth edition—an event that successfully recorded USD $49.94 billion in trade and investment deals.”

Addressing the assembly, the 2027 IATF Chairperson of the IATF Advisory Council and former President of Nigeria, His Excellency Chief Olusegun Obasanjo, emphasized the historical significance of the venue.

“Bringing IATF2027 to Lagos is historically significant, as this city hosted the Lagos Plan of Action adopted in 1980, which championed Africa’s industrialization and economic self-sufficiency,” he remarked.

His Excellency Francisca Tatchoup Balobe, the African Union Commissioner for Economic Development, Tourism, and Minerals, also highlighted the importance of the event. She stated that the region should aim higher in 2027, noting that intra-African trade had declined from 16.3% in 2020 to 14.5% in 2024.

Concluding the event, Dr. Oduwole remarked that the African Continental Free Trade Area (AfCFTA) is not only essential but also existential for the bloc’s survival and prosperity.

“IATF2027 will therefore be a defining moment in accelerating and transforming intra-African trade and investment,” he stated.