The 26th Addis Chamber International Trade Fair (26th ACITF) officially kicked off at Addis Ababa Exhibition & Development Center
(Addis Chamber, February 22, 2024): Revolving around the theme”Spurring Development through Innovation” the 26th Addis Chamber International Trade Fair (26th ACITF) has officially opened at Addis Ababa Exhibition and Development Center with the presence of business communities, exhibitors, visitors, diplomatic corps, government representatives and invited guests.
The 26th Addis Chamber International Trade Fair (26th ACITF) is the second trade show of the year that is taking place from February 22 -26, 2024.
In her welcoming remark, Mesenbet Shenkute, President of Addis Chamber commends the initiative of the government to provide new technologies to bolster ease of doing business environment and yet much remains to be done to fully support and empower the business communities, urges the president.
While addressing the fair, Meketa Adafre, representative of Addis Ababa Trade Bureau, acknowledges the role that has been played by Addis Chamber in promoting business and investment using trade fairs adding on this he said that the city trade bureau will be committed to render support in multiple business projects to be undertaken by Addis Chamber.
High costs of logistics and transportation and imported raw materials for the manufacturing sector, limited study and action on export incentives, low level labor productivity, weak rural infrastructure, weak supply chain integration and low level of technology and the likes are some of the challenges mentioned by the speaker.
He however remind the current endeavor of the government towards improving infrastructure such as ICT, revising investment incentives, capacity building and promoting international market opportunities among others.
Zekarias Assefa, Deputy Secretary General of Addis Chamber in his remark said that conducting mega trade fair is one of the key mandates and strategies entrusted to Addis Chamber for business connectivity and networking.
As part of this initiative, Addis Chamber has continued to create series of stages to meet the ever changing needs of the business community and its members.