African Export-Import Bank (Afreximbank), and the East African Business Council (EABC) have signed the Africa Trade Gateway (ATG) Agency Agreement, connecting the region’s enterprises, including SMEs and major exporters, to the 300-million-strong EAC Common Market, and the wider AfCFTA market of 1.3 billion consumers, through digital trade.
The Agreement was signed recently at the inaugural East Africa CEO & Investment Forum in Nairobi, Kenya, marking a significant milestone in the ongoing collaboration between the two organisations.
The EABC has been actively promoting the digital ecosystem to its members and supporting their onboarding. In so doing, the partnership combines EABC’s regional business network with ATG’s digital trade services to help businesses find verified buyers and suppliers across Africa and beyond, access information on trading partners and connect with finance and payment solutions.
The partnership which carries significance for East Africa and the continent at large, enables the East African Business Council (EABC) join a growing network of trade-supporting institutions across Africa that work together to connect businesses with opportunities beyond their regional markets. Strengthening these connections will help more businesses expand across borders and capitalise on the opportunities created by the African Continental Free Trade Area (AfCFTA).
