Pressdia Ad

Zambia Hosts Inaugural AfCFTA Digital Trade and Services Forum

Zambia is making history this week as it hosts the inaugural African Continental Free Trade Area (AfCFTA) Digital Trade and Services Forum, taking place from May 8 to 10, 2025, at the Mulungushi International Conference Centre in Lusaka.

The event, officially opened by President Hakainde Hichilema, brings together over 1,000 delegates from across Africa and beyond, including policymakers, digital innovators, and business leaders.

The forum, themed “Boosting Digital Trade to Accelerate AfCFTA Implementation,” aims to amplify the role of digital trade in shaping Africa’s economic integration. Delegates are engaging in knowledge exchange, policy dialogue, and innovation showcases designed to unlock opportunities in e-commerce, fintech, digital infrastructure, and entrepreneurship.

The AfCFTA, a flagship African Union initiative, envisions a single continental market with a population of 1.4 billion people and a combined GDP of $3.4 trillion. As the largest free trade area globally, its implementation is expected to reshape Africa’s trade landscape.

Everness Nankala, Principal Public Relations Officer at the Ministry of Commerce, Trade and Industry, stated, “This event aligns with Zambia’s National E-commerce Strategy and positions Lusaka as a growing hub for digital innovation and investment. It’s not just about digital trade, it’s about inclusive growth, job creation, and sustainable development.

Ilitongo Maboshe, her counterpart at the Ministry of Technology and Science, emphasized the long-term impact of the forum: “We are building mechanisms to ensure that the outcomes of this forum are implemented and felt in the lives of ordinary Zambians.”

The forum also features the AfCFTA Digital Innovation Challenge, an initiative aimed at empowering young African innovators to develop digital solutions that address cross-border trade barriers for MSMEs. Top finalists will present their pitches during the event, with winners receiving recognition, funding, mentorship, and access to finance opportunities.

This landmark event underscores Africa’s commitment to harnessing digital trade as a catalyst for economic growth and integration across the continent.

Pressdia Ad

Subscribe to Newsletter

Get the latest in luxury, business, and elite trends—subscribe now!

Pressdia Ad

Subscribe

Latest Posts

Trustar Nears $1.3 Billion Acquisition of Alibaba’s Gaming Business

Private equity firm Trustar Capital is nearing an agreement to acquire...

Russia Unveils New Rare Earth Mineral as Global Race for Critical Resources Intensifies

Russian scientists have identified a previously unknown rare earth rich mineral...

Dangote Refinery Targets October IPO as Nigeria Seeks Wider Public Ownership

Nigeria’s Dangote Petroleum Refinery plans to launch a retail focused initial...

Madagascar Imports Emergency Diesel Cargo as Energy Crisis Deepens

Madagascar has imported a 63,000 tonne diesel shipment to ease fuel...

China Approves ₦40 Billion Grant to Accelerate Nigeria’s Development Projects

China has approved a RMB200 million grant, worth about ₦40.3 billion,...

Wizkid Set to Open Detty December Fest as Lagos Bets Big on 2026 Tourism Economy

Nigerian Afrobeats superstar Wizkid will headline the opening concert of the...

Tinubu Targets Profitable Refinery Revival Through Nigeria’s Structural Reset

President Bola Ahmed Tinubu has pledged to revive Nigeria’s government owned...

Top 7 Action TV Series Every Millennial Binged

Before streaming took over our lives, there were action series that...

Gaise Baba The Culture Architect Turning Music Into a Movement

Akinade Ibuoye, professionally known as Gaise Baba, is a Nigerian singer,...

Related Posts

Trustar Nears $1.3 Billion Acquisition of Alibaba’s Gaming Business

Private equity firm Trustar Capital is nearing an agreement...

Russia Unveils New Rare Earth Mineral as Global Race for Critical Resources Intensifies

Russian scientists have identified a previously unknown rare earth...

Dangote Refinery Targets October IPO as Nigeria Seeks Wider Public Ownership

Nigeria’s Dangote Petroleum Refinery plans to launch a retail...

Madagascar Imports Emergency Diesel Cargo as Energy Crisis Deepens

Madagascar has imported a 63,000 tonne diesel shipment to...

LEAVE A REPLY

Please enter your comment!
Please enter your name here