LITF commends UBA’s commitment to development of African economies

LITF commends UBA’s commitment to development of African economies

The Lagos Chamber of Commerce and Industry (LCCI) has commended Africa’s global bank, United Bank for Africa () for its contribution to infrastructure development and growth of trade in the 19 countries where it operates, which is why the bank remains its preferred partner for the Lagos International Trade Fair ().

The President, LCCI, Mrs. Toki Mabogunje, said this while delivering a welcome address with the theme: ‘Boosting Intra Africa Trade ’during the Africa day celebration, held at the ongoing 35th edition of the Fair in Lagos.

LITF commends UBA’s commitment to development of African economies

She explained that the Africa Day was implemented because of the African Continental Free Trade Area (AfCFTA) agreement which is a long term dream and a long term goal, adding that; “To this end we have started taking first steps and are doing a lot of sensitization and awareness especially for the MSMEs.”

Akinyemi noted that boosting Intra-Africa trade is pertinent if Africa must truly attain self-reliance and economic development, adding that Africa and indeed Africans, must own the narrative for the economic emancipation of the continent.”

Akinyemi said, “The Theme of this year’s event resonates with our mission to create value for our stakeholders by supporting businesses across Africa, which led to our rapid expansion from Ghana in 2005 to 18 other locations in Africa within a space of five years. AfCTA is a transformational journey that we must all embrace and encourage, because it presents us with opportunities that will lead to creating a market of over 1.2 billion people with a combined GDP of over $3.4 trillion. Hence the possibilities of growth and prosperity on the continent are endless.”

The Chairman, Trade Promotion Board of the LCCI, Gabriel Idahosa, agreed with the possibilities that AfCTA presents and said it was one worthy of committing too. He also applauded UBA and the LCCI President as well as all members of the Executive Committee and Council for the tremendous support given which has been instrumental to the success of the fair thus far.

Shoppers are in for a deluge of mouth-watering deals and special offers on Konga Yakata as a host of globally renowned brands unfold special packages for the sale extravaganza.

Konga Yakata, widely regarded as the biggest sale event in the annual shopping calendar in , kicked off on Thursday, November 11 and runs till Sunday, December 12, 2021 with additional 10% discount for shoppers who pay with their Access Bank or Verve cards, including mouth-watering deals on local and international flight tickets to a host of destinations.

As part of efforts to make the 2021 edition of Konga Yakata a memorable one for customers, several leading brands have partnered with Nigeria’s leading e-commerce giant, Konga to roll out exciting deals and eye-catching discounts for shoppers. Some of the top brands that have partnered with Konga for this year’s edition of the sale fiesta include HP, Lenovo, Samsung Electronics, Coca-Cola, Unilever, Procter & Gamble, Zinox, Nexus and iTEC, among others.

LITF commends UBA’s commitment to development of African economies
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