In two weeks, one of Central-Eastern Europe’s most influential African event; the 4th Globoport Africa Expo and Fair Budapest will be launched. The four-day exhibition and business forum will take place in the heart of Europe, the capital of Hungary Budapest from 26th February to 1st March 2015.

Africa, a power player, the world’s most perspective regions and a continent full of huge and promising potential is among the core regions of Hungary’s foreign policy strategy of ‘Eastern Opening’, besides stepping up mutually advantageous economic and political cooperation.

Economic and trade relations between Hungary and African countries have developed remarkably during the past few years. Trade alone with North African countries grew by more than 30% to almost 330 million EUR. The Trade balance between Hungary and Sub-Saharan African countries improved by more than 17%, reaching 818 million EUR.
In the field of development cooperation, Hungary has contributes 187 million EUR to the 11th European Development Fund (EDF), most of which is used in Sub-Saharan Africa. Hungarian companies and civic organizations are engaged in various agriculture, water management and energy cooperation with the Angola, Ghana, Nigeria and South Africa among others.

Africa Expo and Fair Budapest is an annual international forum focused on building and strengthening African-Hungarian relations, presenting business and cooperation opportunities, and boosting partnerships between African and Hungarian stakeholders. In the past three editions it has attracted 105.000 visitors and 80 exhibitors representing 25 African countries. The 4th Africa Expo and Fair (26 February- 1 March 2015) as co-event of Travel International Expo at HUNGEXPO Budapest Fair Center with 50.000 visitors offers an entry point for African-Hungarian economical and business relations and a great opportunity for the Hungarian audience to have an inspiring experience with Africa.

The Guest of Honor of the event is the Minister of Foreign Affairs and Regional Integration of Ghana, Hon. Hanna Tetteh. The Hungarian patron of the event is Mr. László Szabó, Deputy Minister of the Ministry of Foreign Affairs and Trade of Hungary. Angola, Ethiopia, The Democratic Republic of Congo, Ghana, Kenya, Mali, Senegal, Sierra Leone, Sudan and the Republic of South Africa will also gain visibility among the Exhibitors of the Forum. On the first day of the Africa Expo, 26th February an Opening Ceremony and conference titled “Funding opportunities (EDF) and new markets in Africa” will provide an insight for stakeholders from different sectors. The four day event will be enriched with economic, social and diverse cultural programs. This year’s invited guest artists from Africa will be Abdoul Camara, outstanding dancer of Daniel Sorano National Theatre of Senegal and Ballet Sory Camara Dance Company. Fashion shows, lectures, photo and film editions and the presence of two Hungarian celebrities, Kembe Sorel and Bebe will make the Africa Expo more engaging to the public.