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PAC Capital Limited sponsors the Afreximbank 2021 Intra-African Trade Fair (Iatf) event in Durban, South Africa - africantrendtv

 


To reaffirm its commitment to advancing the trade agenda in Africa, PAC Capital Limited, a member of the PanAfrican Capital Holdings Group, has finalized plans to sponsor the Domestic Africa Trade Show (IATF) in 2021. Afreximbank). The company said the sponsorship came from the continent's renewed efforts to promote its commercial sector.


According to organizers, the hybrid event, which will take place from 15 to 21 November 2021 in Durban, South Africa, promises to focus on the newly created African Continental Free Trade Area (AfCFTA) - a single market for goods and services in 55 countries to stimulate trade and investment. . The IATF is an initiative that supports the implementation of the AfCFTA. It was organized by Afeximbank in collaboration with the African Union and is an important step towards bridging the trade and market information gap in the long term for the successful achievement of AfCFTA goals. Afreximbank has identified intra-African trade as an important factor in unlocking Africa's economic potential.


PAC Capital said the sponsorship underscores its commitment to promoting seamless capital solutions for sustainable growth and development through trade in African economies. Humphrey Oriahi, Managing Director of PAC Capital Limited, said, “PAC Capital is determined to contribute to its quota of increasing cross-border trading and market intelligence as we believe this is the key to the continent's economic growth and progress.


According to the organizers: “Although the share of intra-African trade in total African trade has increased from 10% in 1995 to around 16% today, it remains low compared to Europe (59%). and North America (37%). Committed to the transformation of Africa, Afreximbank launched a two-year intra-African trade fair in 2018 as a unique platform to bring together African buyers, sellers and investors.


PAC Capital Limited guarantees its unwavering support to promote trade in Africa through innovative initiatives and a financially sound product suite that, among other things, handles its clients' transactions, fundraising, equity and debt financing. .


About PAC Capital Limited


PAC Capital Limited PAC Capital is an investment banking company PanAfrican Capital Holdings dedicated to facilitating investment activity and growth across the African continent. With excellent experience in fundraising and successful financial advice, the company offers comprehensive consulting services to a diverse client base that includes financial institutions, corporations, private and institutional investors, and government agencies. 


PAC Capital works with multilateral financial and credit institutions across Africa and beyond to provide financial solutions to its stakeholders. With a strong pedigree in selling and buying advice, the company offers financial intermediation that has a positive impact on trade in Africa and offers exceptional value through capital raising, mergers and acquisitions advice, corporate restructuring and business reorganization, balance sheet restructuring, debt restructuring, financing projects and infrastructure and structured trade finance with transactions in more than 30 African countries.


 PAC Capital was named the best project finance company in 2018 and won the African Deal of the Year in 2019 and the best investment banking team in Nigeria in 2021. In 2021 the company sponsored the largest World Investment Conference in Mining - Indaba Mining, and is a proud sponsor Intra-African Trade Fair in Africa and "Creative Africa Nexus (CANEX), presenting Africa the Portuguese way" until 2023.


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