Ahead of next Wednesday’s start of the July 10th – 12th Caribbean investment forum, the Caribbean Export Development Agency (CEDA) has signed a Memorandum of Understanding with the African multilateral lending agency, African Export-import Bank, to broaden its pre-existing base in terms of business relations fashioned out of a recent series of accelerated business visits between the Caribbean and Africa.
The highlight of the recent flurry of cross-continent business-related interactions between the Caribbean and Africa had been the historic visit to West Africa by a Caribbean business delegation led by Caribbean Export. It was this visit that had paved the way for the first ever AfriCaribbean Trade and Investment Forum (ACTIF2022) held in Barbados and the establishment in August last year of a Caribbean Branch of the Caribbean African Export-Import Bank (Afreximbank).