Welcome to ABP FAQs
1. What is the African Buyers Programme (ABP)?
The African Buyers Programme (ABP) is an initiative by Afreximbank designed to facilitate and promote intra-African trade by connecting African buyers with verified suppliers and manufacturers across the continent. The ABP aims to build a strong network of buyers and sellers while providing access to trade facilitation (standard) payments, trade finance, transit guarantees, market intelligence and twinning advisory services.
2. Who can participate in the ABP?
The ABP is open to African buyers from various industries, including manufacturers, wholesalers, retailers, importers, and exporters. Buyers interested in sourcing products and services from African suppliers can participate in the programme. Additionally, stakeholders such as government representatives, chambers of commerce, and financial institutions are encouraged to engage with the programme.
3. How do I register as a buyer in the African Buyers Programme?
To register as a buyer, simply visit the ABP digital platform and complete the registration form with your business details. You will need to provide information such as your company profile, industry sector, and the types of products or services you are looking to source. Once registered, you will have access to a wide range of verified African suppliers.
4. What are the benefits of participating in the ABP?
As a participant in the ABP, buyers gain access to:
5. How does the ABP facilitate matchmaking between buyers and suppliers?
The ABP digital platform includes a matchmaking feature that connects buyers with suppliers based on their business needs and preferences. Buyers can browse supplier profiles, access product catalogs, and request meetings with suppliers. The platform also facilitates virtual and in-person meetings during key events such as IATF.
6. What sectors are covered by the ABP?
The ABP covers a wide range of sectors, including but not limited to:
7. How can I access financing as part of the African Buyers Programme?
Afreximbank offers various financial solutions to buyers participating in the ABP, including trade finance, buyer credits, and export development programs. You can access these services by engaging directly with the Afreximbank team through the digital platform, direct contacts or during trade events such as IATF.
8. What is the IATF (Intra-African Trade Fair), and how does it relate to the ABP?
The IATF is a major trade event organized by Afreximbank, which brings together African businesses, government officials, financial institutions, and buyers to showcase products and services across the continent. The ABP plays a key role in the IATF by providing buyers with opportunities to connect with suppliers, engage in networking events, and participate in matchmaking sessions.
9. How can I participate in the IATF as a buyer?
To participate in the IATF as a buyer, you can register through the African Buyers Programme on the ABP digital platform. As part of your registration, you will gain access to the list of exhibitors, be eligible for buyer-supplier matchmaking, and receive invitations to exclusive IATF events and meetings.
10. Are there any costs associated with joining the African Buyers Programme?
There is no direct cost for registering and joining the ABP. However, buyers may incur costs related to participation in events such as the IATF or specific logistics and transactions with suppliers. Afreximbank offers financial support for some of these activities.
11. What support is available for buyers during ABP events or trade fairs?
During major events such as IATF, the ABP team provides onsite support to buyers, including logistics assistance, accommodation support, and matchmaking services. Additionally, buyers will have access to real-time updates and assistance through the ABP digital platform.
12. How does the ABP contribute to promoting intra-African trade?
The ABP plays a critical role in promoting intra-African trade by:
13. How does the digital aspect of the ABP support its objectives?
The ABP digital platform provides a centralized hub for buyers and suppliers to interact, exchange information, and complete transactions. It allows buyers to:
14. How are deals tracked on the ABP platform?
The ABP platform enables both buyers and suppliers to record the details of their transactions and track their progress. This feature ensures transparency and provides data to monitor the performance and impact of intra-African trade facilitated through the ABP.
15. Can I contact the ABP team for support?
Yes, the ABP team is available to provide support at any stage of your participation. You can reach out through the "Contact Us" section of the digital platform for assistance with registration, matchmaking, or any other queries.
