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Stanbic IBTC Holdings PLC, a member of Standard Bank Group, would host the 2022 Stanbic IBTC Africa China Trade Expo as part of its efforts at promoting trans-regional trade and development between Nigeria and China. The trade expo would feature a panel discussion, masterclasses on trade, a presentation on the Stanbic IBTC Africa China Trade Solutions and a fully virtual exhibition.
The two-day
hybrid conference and exhibition-themed “Synergy For Growth’ is slated for
10 and 11 August 2022, and is geared at providing insights and opportunities
for participants. The event would serve as an avenue to showcase Nigerian and
Chinese exhibitors, and would as well provide opportunities to build
relationships within the trade community.
The
physical conference is planned to feature keynote speeches and panel
discussions by highly experienced subject matter experts and thought leaders in
relevant industries and would be an opportunity for exporters and importers to
engage and create a marketplace experience.
Speakers
slated for the event include Philip Myburgh, Head, Pan-African China Banking,
Standard Bank Group; and Ade Otukomaya, Head, Africa China Banking, Stanbic
IBTC Bank. Others are Remy Osuagwu, Executive Director, Business and Commercial
Clients, Stanbic IBTC Bank; and Wole Adeniyi, Chief Executive, Stanbic IBTC
Bank PLC.
The
panel discussion, with the theme ‘Promoting Export Activities through Synergy’,
would have Samuel Oyeyipo, Deputy Director and Regional Coordinator, Nigerian
Export Promotion Council, South West Regional Office, Lagos; Luthando Vuda,
Head, Africa China Trade in Business and Commercial Clients, Standard Bank
Group; Jane He, Business Manager, Pan Africa China Banking, Business and
Commercial Clients, Standard Bank Group, Fola Abimbola, Analyst, Senior,
Frontier Africa Equity Research Stanbic IBTC; and Victor Ayemere, Chief Executive, Zeenab Foods
Limited, Operators of the Nigeria Export Trade House China/Far East Region as
panelists.
Dr
Demola Sogunle, Chief Executive, Stanbic IBTC Holdings, spoke on the rationale
for the conference. He highlighted that the Stanbic IBTC Africa-ChinaTrade Expo
hybrid Conference and Exhibition would be geared at showcasing
Nigeria and China trade opportunities while emphasizing the role of
Stanbic IBTC in facilitating inter-regional trade.
“China
is Africa’s biggest trading partner by far and can foster strong trade routes
and economies of scale, offering an incredible opportunity to do more than just
import goods. With the emphasis on building strong synergy and relationship
between China and Nigeria, the Stanbic IBTC Africa-China Trade Expo is expected
to provide insights into Nigeria and China trade relations and the role of
Stanbic IBTC as a facilitator of inter-regional trade, as well as provide
advisory services, allowing trade partners access and unlock the opportunities
in Nigeria-China trade,” Demola said.
“The
topics for discourse at the two-day hybrid conference and exhibition would
centre on building synergy between Nigeria and China’s economies, building
synergy between government agencies and driving export activities through
policies and initiatives. Other topics would include building export activities
in partnership with Stanbic IBTC and promoting competitive advantage for
enhancing export.”
“The
exhibition would also showcase vendors who export from Nigeria to China and
vice versa, spanning across agriculture, manufacturing, equipment, processing
and packaging firms,” Demola added.
The
Chief Executive noted that through its Africa China Trade Solution (ACTS) and
other networks of relations between Africa and China, the financial service
provider continued to facilitate economic trade and development between Africa
and the Asian country.
Stanbic
IBTC’s trade solutions such as Stanbic IBTC Africa China Trade Solutions (ACTS)
continued to enable settlement of international transactions and mitigation of
payment risk while providing regional solutions such as issuance of payment
guarantees and letters of credit to Nigerian exporters.
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