Nigeria launches AATC to enhance intra-African trade, economic integration

Nigeria on Thursday hosted the official launch of the African Trade Centre (AATC) in Abuja, marking a major step toward deepening intra-African trade and economic integration across the continent.

The event, held under the auspices of the Federal Ministry of Finance, brought together key stakeholders and development partners in a show of commitment to economic diversification, regional collaboration, and sustainable development.

Representing President Bola Ahmed Tinubu, the Secretary to the Government of the Federation, Senator George Akume, highlighted the AATC’s potential in driving access to finance, job creation, and the growth of small and medium-sized enterprises (SMEs), especially those led by women.

He further described the initiative as crucial to advancing the current administration’s economic agenda.

The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, said the centre represents “a milestone for Nigeria and the entire continent,” and aligns with President Tinubu’s economic policies focusing on macroeconomic stability, private sector investment, and industrial growth.

Also speaking at the event, President of Afreximbank, Prof. Benedict Oramah, reaffirmed the Bank’s dedication to dismantling trade barriers and facilitating African market integration.

He revealed that similar centres would be established in Harare, Kampala, Cairo, and Yaoundé to further bolster the continent’s economic infrastructure.

Designed as a hub for trade intelligence, innovation, and collaboration, the Abuja AATC will play a key role in positioning Nigeria as a continental leader in economic strategy and transformation.

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