• Photo: Afreximbank


Artikel Nummer: 50293

Fresh impetus for Afro-Caribbean trade

The African Export-Import Bank has signed an agreement to launch a USD 1.86 million project preparation facility in favour of the government of the Bahamas to develop and implement an Afro-Caribbean marketplace.


Once implemented, the project, which is expected to unlock further investments estimated at USD 50 million, will comprise 90 outlets dedicated to the sale of authentically African and Caribbean products from over 54 African countries, 20 Caribbean states, 16 islands of the Bahamas and a transhipment hub.


Bahamas' prime minister and minister of finance, Philip Edward Davis: "The Afro-Caribbean marketplace and logistics centre will position Grand Bahama as a beacon of international trade, creating a dynamic environment for growth and collaboration." (ah)




Related news