Africa, Caribbean move to strengthen relations
For decades, Africa and the Caribbean have been taking about cementing close relations, establishing air links and taking advantage of tourism opportunities among other topics.
Not much has actually fructified in recent decades, but if the speed at which the two are moving this time to forge concrete links is anything to go by, then strong and fruitful relations lie ahead.
In late 2021 Africa and the Caribbean held their first leaders summit during the height of the COVID-19 pandemic, laying the groundwork for what is occurring today. By mid 2022, Africa’s Export-Import Bank (Afreximbank) had opened an office in Barbados and told the region that it had set aside $1.5 billion in concession loans for areas which governments and the private sector can identify.
Source: Caribean Life
