
The African Export-Import Bank Afreximbank has signed a hosting agreement with the Government of Saint Kitts and Nevis for the fifth AfriCaribbean Trade and Investment Forum ACTIF2026. The event, scheduled from July 29 to 31 at the St. Kitts Marriott Beach Resort, Casino & Spa in Basseterre, aims to deepen Africa–Caribbean partnerships and strengthen trade and economic ties. George Elombi, Afreximbank’s president and chairperson of the board of directors, stated that the forum will address shared development challenges and promote economic self-reliance, focusing on identifying and implementing priority projects. Prime Minister of Saint Kitts and Nevis, Terrance Drew, emphasized his country's role as a gateway for investment and a partner in the renaissance of Africans, highlighting the forum's potential to catalyze trade and investment. ACTIF2026 will feature discussions on regional trade, investment opportunities, and initiatives for economic cooperation, bringing together governments, investors, private sector leaders, and diaspora stakeholders. Afreximbank, which convened ACTIF, has approved over US$700 million in financing across the CARICOM region since opening its Barbados office two years ago, supporting various projects including climate adaptation, sports infrastructure, tourism development, SME financing, and oil and gas initiatives.
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This summary was AI-generated from a story originally published by NewsDay Zimbabwe.