Given the significant potential of the African market, Taiwanese businesses have a strong demand for information related to trade, buyers, and other aspects of the region. However, due to the challenges in accessing and obtaining such information from Africa, many domestic businesses have suggested establishing a trade association focused on the African market, serving as a platform for sales expansion, investment experience exchange, and mutual networking.

In response to these suggestions and to demonstrate the importance of this market, the "Taiwan-Africa Economic and Trade Association" was officially established after approval from the Ministry of the Interior on July 12, 2006, and began recruiting members.

The purpose of the association is to unite individuals and organizations interested in developing business in various African countries, with the goal of promoting Taiwan-Africa economic and trade exchanges. Internally, the association aims to establish communication channels for Taiwanese businesses, strengthen networking and mutual support, facilitate experience sharing and business exchanges, and share business opportunities. Externally, the association assists Taiwanese businesses in enhancing their competitiveness, expanding markets, fostering trade, promoting investment, protecting their interests, and enhancing their economic and trade status. Taiwanese businesses have shown strong support for the establishment of the "Taiwan-Africa Economic and Trade Association," and with the active assistance of the Ministry of Foreign Affairs, the Ministry of Economic Affairs, the Bureau of Foreign Trade, and other public and trade organizations, the official founding ceremony was held on January 5, 2007. Currently, the association has over 120 members.