Dr. Jumoke Oduwole, the Federal Minister of Industry, Trade & Investment, highlights that the digital economy is significantly transforming Africa's economic landscape, fostering both growth and poverty reduction.

The digital economy in Africa is projected to grow from $115 billion in 2020 to $180 billion by 2025, playing a crucial role in GDP growth and job creation.

To further explore these opportunities, the West Africa Industrialisation, Manufacturing & Trade Summit and Exhibition is scheduled for October 21-23, 2025, in Lagos, Nigeria, focusing on accelerating industrial growth.

Matta's platform promotes real-time visibility and traceability in trade, which is vital for enhancing partnerships and addressing supply chain challenges.

The African Free Continental Trade Area, which includes 55 countries and boasts a combined GDP of $3.4 trillion, presents vast opportunities for trade expansion.

At the summit, Matta will showcase its digital platform that addresses procurement complexities and logistics coordination, essential for establishing competitive manufacturing centers in West Africa.

This ongoing transformation in Africa's trade dynamics is expected to reshape economic relationships and enhance industrial capabilities across the continent.

Minister Oduwole also emphasizes the necessity for an integrated ecosystem for trade, which would improve sourcing, logistics, and payment processes.