Nigeria Hosts African Trade Centre Launch to Foster Economic Cooperation

Nigeria Hosts African Trade Centre Launch to Foster Economic Cooperation

JOEL OLADELE, Abuja

In a move towards boosting intra-African trade and economic integration, Nigeria has yesterday hosted the launch of the African Trade Centre (AATC) in Abuja. This landmark event underscores Nigeria’s commitment to economic growth and development, positioning the country as a leader in shaping Africa’s economic future.

Representing President Bola Ahmed Tinubu at the event, the Secretary to the Government of the Federation, Senator George Akume, underscored the centre’s role in driving economic diversification, job creation, and access to finance—particularly for SMEs and women-led businesses. He emphasized the importance of this initiative in advancing Nigeria’s economic agenda.

Speaking earlier, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun described the AATC as “a milestone for Nigeria and the entire continent,” aligning with the Tinubu administration’s push for macroeconomic stability, private investment, and industrial growth across key sectors

Afreximbank President, Prof. Benedict Oramah reaffirmed the Bank’s vision to dismantle trade barriers and promote African market integration, with similar centres planned in Harare, Kampala, Cairo, and Yaoundé.

The Abuja AATC will serve as a hub for trade intelligence, innovation, and regional collaboration, strengthening Nigeria’s leadership in shaping Africa’s economic future.

As the African Trade Centre begins operations, Nigerians and Africans alike can look forward to a brighter economic future, driven by increased trade, investment, and regional collaboration.

This initiative is poised to play a pivotal role in driving economic diversification, job creation, and sustainable development, cementing Nigeria’s position as a leader in Africa’s economic landscape.