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Nigeria's Intra-African Trade Reaches $9.02 Billion in 2025

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Nigeria's Intra-African Trade Reaches $9.02 Billion in 2025

According to Afreximbank's report titled "African Trade Report 2026," Nigeria's share of intra-African trade grew from $7.47 billion to $9.02 billion in 2025. This increase is attributed to a rise in exports of refined petroleum products to regional markets, including Cameroon, Ghana, and Togo, facilitated by the Dangote refinery operating near full capacity.

The report indicates that intra-African trade expanded by 5.5% to $213.8 billion, reflecting improved macroeconomic management and strengthened regional cooperation. Despite a complex global environment, Nigeria's crude oil remains a dominant export, alongside non-oil manufactured goods.

The report also identifies a significant gap in Nigeria's export capacity, particularly in processed food and fisheries, due to constraints in cold chain infrastructure and logistics. Mr.

Georg Elombi, President of Afreximbank, recommends that policymakers and business leaders commit to transforming Africa's trade landscape to harness its potential.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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