Accra To Host 21 Countries At West Africa’s 4th International Trade Show

By JoyBusiness
Business & Finance Accra To Host 21 Countries At West Africa’s 4th International Trade Show
NOV 17, 2017 LISTEN

More than 90 exhibitors from 21 countries set to participate in West Africa’s 4th International Trade Show on Agriculture, Food & Beverage and Plastics, Printing & Packaging Solutions and Technology.

Organized by the German trade fair specialists Fairtrade, t he show takes place at the Accra International Conference Centre in Accra from the 5th to 7th December 2017

It takes place on the background of positive economic data as figures of WTO and VDMA indicate a clear upward trend for West Africa’s Agrofood & PlastPrintPack industry.

Ghana, Ivory Coast and Senegal are the largest importers of finished food as well as of agricultural and food processing and packaging technology in West Africa – apart from Nigeria.

West African food imports increased to $14.4 billion in 2015 compared to $13.1 billion in 2014, a plus of 10% (WTO World Trade Organization). The figures of rising food imports show that the largest food market in Africa is still undersupplied.

Rising technology imports indicate massive investments and a revival of local production

- West African imports of agricultural machinery and equipment amounted to 187 million euro in 2016 (German Engineering Federation VDMA)

- West African imports of food processing and packaging technology increased from 506 million euro in 2015 to 556 million euro in 2016 (VDMA), up 10%

- West Africa imported plastics technology worth 142.9 million euro in 2016, printing and paper technology of 121.8 million euro and packaging technology worth 240.2 million euro.

Rising technology imports confirm massive investments in processing, plastics and packaging equipment and indicate a revival of local production and an extremely promising medium-term development.

Fairtrade was founded by Martin März in 1991. Since long, Fairtrade ranks among the leading organisers of professional international trade fairs in emerging markets, especially in North and Sub-Saharan Africa, the Middle East and Eastern Europe.

Fairtrade organizes shows in the sectors Agrofood, Building, CIT Solutions, Energy, Environment, Industry and PlastPrintPack and strives for a high level of customer satisfaction.

By means of innovative products and excellent service Fairtrade organizes professional platforms for valuable business contacts between exhibitors and visitors.

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