–spotlighting $1B oil service financing facility
THE African Export-Import Bank (Afreximbank), in partnership with the Government of Guyana, will host the Afreximbank Guyana Roadshow 2025, tomorrow and Thursday, at the Marriott Hotel in Georgetown.
Themed “Empowering Local Content Participation for Sustainable Prosperity through the Implementation of Afreximbank Mandate,” the high-level forum will spotlight the Bank’s commitment to enhancing Guyanese involvement in the oil-and-gas industry.
In a recent press release, Afreximbank announced that the two-day event will focus on its landmark US$1 billion oil service financing facility, created to bolster local businesses engaged in the oil-and-gas value chain.
The Roadshow will also feature presentations on Afreximbank’s financial and non-financial solutions aimed at fostering inclusive trade, business development, and sustainable economic growth.
Since Guyana joined the Afreximbank as a member state in September 2022, the Bank has spearheaded a series of initiatives in the country, including the AfriCaribbean Trade and Investment Forum 2023, a US$100 million trade finance agreement with JE Energy, and the announcement of a US$1 billion commitment to strengthening local content.
Organised by the Bank’s Caribbean Regional Office, headquartered in Barbados, the event is expected to draw over 150 stakeholders from across Guyana and the wider region. Attendees will include representatives from government ministries, financial institutions, small and medium-sized enterprises (SMEs), manufacturers, and oil-and-gas sector leaders.
The Roadshow aims to clarify Afreximbank’s broader mission of enabling economic transformation through intra-and-extra-African trade. Organisers view the initiative as a key step towards identifying impactful projects that can advance regional commerce, while improving the livelihoods of Guyanese citizens.
The Afreximbank, established in 1993, now comprises 54 African member states and 12 Caribbean member states, including Guyana. Its expanding presence in the Caribbean reflects a growing push for stronger South-South cooperation and economic integration.