Breaking News

ECOTIC Fair to boost trade in Sub-Saharan Africa

EASYDUZIT Group has said that its forthcoming Ecotic Fair will boost intra regional trade in the Economic Community of West African States(ECOWAS) and Sub-Saharan Africa (SSA).

The fair will hold next month at the Chinese cultural center for Economic and Development, Cotonou.
Director General of Easyduzit, Ayo Fajemirokun, who was in Nigeria, Monday, said that trade between counties in the region, is currently, at low levels, stressing that it has great potential if properly recognised and exploited.

According to her, the reality is that the volume and value of business exchange between English and French speaking countries in the region are low for the following reasons: languages barrier and lack of a common currency, infrastructure including multiple check point along borders.

Nevertheless, she believes that the countries in the region would become more prosperous if they increased their trade with each other instead of foreign countries.

“The time is now right for ECOWAS member countries to increase their trade with fellow countries in the region.  Regional trade shields countries from economic conditions outside of that region.  It also acts as a catalyst to economic development by broadening markets for locally produced goods, which with time improves local industries’ ability to compete globally,” she said.

Giving more insight into Ecotic Fair, she affirmed that the fair with the theme “ICT-the heart beat of the society is a must for Nigerian exhibitors to attend.

“The purpose of the fair is to bring ICT alive in a unification of technological, economic and societal/political spheres, reflecting on its struggles and successes with the aim of igniting future possibilities in West African region.

The fair hopes to harness the benefits of ICT to facilitate speedy progress towards better governance, controlled population, improved health, more effective conflict resolution, increased competitiveness, e-commerce,” she said.

She further stated that the fair has already received the endorsement of ECOWAS, the government of Benin through the Ministry of Commerce, Ministry of communication, and the Federation of West Africa Chamber of Commerce and Industry.

She said that the fair which hope to attract 90 ICT firms from across the region will showcase latest ICT solutions and equipment; feature workshops on e-commerce, panel discussion to shed light on technological concepts, evaluated application solutions in actual practice and analyzed sector specific application.

Exhibitors at the fair will include internet providers, telecom operators, software vendors, ICT security experts, web service consultants, computer manufacturers, mobile phone vendors, closed circuit security system and multimedia developer.


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.