Cross River State has clinched the hosting rights for the 2026 Intra-African Trade Fair (IATF), setting the stage for Calabar to emerge as a continental hub for trade, culture, and investment.

The announcement was formalised in Algiers, Algeria, where Governor Bassey Otu signed the host agreement during the 5th Sub-Sovereign Business Engagement, held on the sidelines of IATF 2025.

Describing the development as a milestone for both Nigeria and Africa, Governor Otu said:
“This is a profound honour for our state and a defining moment for Africa’s sub-sovereign governments. Cross River is ready to lead Africa into a new era of trade and cooperation, where our local power fuels global impact.”

Otu assured that the Calabar edition would spotlight African creativity and innovation:
“We are prepared to host the world. In Calabar, you will encounter a city that is second to none in hospitality, culture, and tourism. We will deliver a trade fair that Africa will never forget, because it will showcase who we are and what we can achieve together.”

The governor commended Afreximbank for its efforts in championing intra-African trade, particularly in the creative industries, which he described as “Africa’s new goldmine.” He noted that Africa’s music, film, art, and storytelling are not only cultural treasures but also powerful economic drivers.

Otu further highlighted the critical role of sub-sovereign governments in advancing Africa’s growth under the African Continental Free Trade Area (AfCFTA).
“The way forward is for governors and sub-national entities to be the transformers and architects of Africa’s future. It is at this level that real impact is felt, and it is at this level that we can unlock the full promise of AfCFTA,” he said.