The hybrid roundtable is aimed at discussing and providing update on the Harmonization project and will come off on the sidelines of the Intra-African Trade Fair (IATF) taking place in Durban, South Africa from the 15th to the 21st of November 2021
Jeddah, Kingdom of Saudi Arabia: The International Islamic Trade Finance Corporation (ITFC), in partnership with the African Export-Import Bank (Afreximbank), Arab Bank for Economic Development in Africa (BADEA) and the African Organization for Harmonization (ARSO) announce the organization of a roundtable on the sidelines of the Intra-African Trade Fair (IATF) on 17th November 2021 at 10:30 – 12.30pm (South Africa Time).
The hybrid event will serve as a platform to provide update on their common project called “Harmonisation of Standards for Pharmaceutical Products and Medical Devices in Africa”. The initiative which was launched under the umbrella of the Arab Africa Trade Bridges (AATB) Program in 2020, aims at harmonising African standards for pharmaceuticals and medical devices thereby enhancing intra-African trade and investment, reducing substandard counterfeit products, and building resilient regional health systems.
The roundtable shall be graced by Prof. Benedict Oramah, President Afreximbank; Eng. Hani Salem Sonbol, CEO ITFC; Dr. Sidi Ould Tah, BADEA Director General; Wamkele Mene, Secretary General AfCFTA; Dr. Vera Songwe, Executive Secretary, UN Economic Commission for Africa; H.E. Albert M. Muchanga, Commissioner, African Union Commission; Dr. John N. Nkengasong, Africa Centre for Disease Control; Dr. Hermogene Nsengimana, ARSO Secretary General and Dr Paulyne Wairimu,PPB, Kenya/AMDF and shall concurrently take place physically at the IATF venue and virtually on Zoom.
About the International Trade Finance Corporation (ITFC):
The International Islamic Trade Finance Corporation (ITFC) is a member of the Islamic Development Bank (IsDB) Group. It was established with the primary objective of advancing trade among OIC member countries, which would ultimately contribute to the overarching goal of improving socioeconomic conditions of the people across the world. Commencing operations in January 2008, ITFC has provided more than US$58 billion of financing to OIC member countries, making it the leading provider of trade solutions for these member countries’ needs. With a mission to become a catalyst for trade development for OIC member countries and beyond, the Corporation helps entities in member countries gain better access to trade finance and provides them with the necessary trade-related capacity building tools, which would enable them to successfully compete in the global market.