Third AfriCaribbean forum to strengthen CARICOM-Africa bonds
President Dr Irfaan Ali (right) and President and Chairman of the Board of Directors of the Afreximbank, Professor Benedict Oramah during the 2023 ACTIF (Delano Williams photo)
President Dr Irfaan Ali (right) and President and Chairman of the Board of Directors of the Afreximbank, Professor Benedict Oramah during the 2023 ACTIF (Delano Williams photo)

THE third iteration of the AfriCaribbean Trade and Investment Forum (ACTIF) is expected to forge significant pathways and strengthen the trade ties between Africa and the Caribbean Community.
This is according to media release from the African Export-Import Bank (Afreximbank) which disclosed that the ACTIF is being hosted from June 12 -14 in The Bahamas under the theme, “Owning Our Destiny: Economic Prosperity on the platform of Global Africa.

The ACTIF is also expected to forge significant pathways for economic prosperity between Africa and the Caribbean.
As part of the forum, speakers will include Heads of State from seven CARICOM countries, former Prime Ministers, Ministers of Trade, Economic Development and Finance, Dr Roger W. Ferguson, Former Vice Chair of the Federal Reserve, USA, Prof. Andreas Klasen, Professor of International Business and Director of the Institute for Trade and Innovation at Offenburg, among others.

President and Chairman of the Board of Directors of the Afreximbank, Professor Benedict Oramah said, “We are witnessing shifts in the global economic landscape and the trade strategies of major economies, making it imperative for African and Caribbean nations to unite for mutual prosperity.”

He added that the forum will serve as a platform to enhance these bonds and also indicate an assertion of the shared destiny.
The second edition of the forum was hosted last year in Georgetown, Guyana and saw the participation of close to 1,500 attendees from 33 countries and the participation of 30 businesses.

As part of the forum there were governmental engagements and business-to-business engagements with which a number of businesses visiting from Africa and elsewhere had opportunities to discover economic opportunities in the Caribbean and Guyana.
Following the forum last year, President Ali had announced that the Afreximbank had signalled its intention to support the CARICOM region in its efforts to enhance transport infrastructure.

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