JOHANNESBURG – AFRICAN businesses have reinforced their commitment to global trade diversification and commercial connectivity with the world’s most innovative economy – China.
This at the recently concluded 2025 China–Africa Economic and Trade Expo (CAETE).
A 48-member African business delegation leveraged the CAETE 2025 to deepen trade ties with the Asian global powerhouse, as the announcement of zero-tariff access for African products coincided with the high-impact expo.
The delegation from ten African countries showcased products and engaged directly with Chinese buyers and investors, led by Standard Bank Business and Commercial Banking.
The 2023 edition of CAETE generated over US$10,3 billion in confirmed deals, proof of just how commercially impactful this platform can be for African exporters.
“This is testament to how Standard Bank is not just enabling trade but also helping businesses across sectors unlock their potential and thrive,” said Bill Blackie, Chief Executive Officer of Business and Commercial Banking at Standard Bank Group.
CAETE 2025 attracted more than 12 000 delegates and over 2 800 participating organisations, reaffirming its position as the largest Africa-focused trade platform in China.
Now in its fourth edition, it is co-hosted by China’s Ministry of Commerce and the Hunan Provincial Government, to deepen trade and economic cooperation between China and Africa.
Standard Bank, through its 17-year strategic partnership with the Industrial and Commercial Bank of China (ICBC) and the Hunan Provincial Government, continues to play a pivotal role in facilitating access to Chinese markets for African exporters.
“As China’s largest commercial bank, our collaboration with Standard Bank continues to unlock sustainable trade opportunities for African enterprises,” said Li Li, Chief Representative Officer of ICBC Africa Representative Office.
“Demand for Africa’s premium products continues to grow in China, and we are proud to support this enduring partnership.”
China’s announcement of zero import duties on goods exported by the 53 African countries that have diplomatic ties with it, was thus well-timed.
– CAJ News
