ACTIF2025 seals over US$300M in Africa-Caribbean trade and investment deals
(Source: Afreximbank )
The Fourth AfriCaribbean Trade and Investment Forum (ACTIF2025) has concluded with over US$300 million worth of investment and trade agreements, alongside a firm communiqué strengthening Africa-Caribbean cooperation.
Co-hosted by the African Export-Import Bank (Afreximbank) and the Government of Grenada, the two-day forum drew more than 2,100 delegates from 80 countries, including 11 Heads of State and Government, private sector leaders, and development partners.
Major deals announced
Eight key agreements were unveiled during ACTIF2025, covering infrastructure, tourism, trade finance, and digital transformation:
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US$100M Receivables Discounting Facility with Bahamas Striping Group of Companies Ltd for road and infrastructure works.
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US$50M Education Construction and Rehabilitation Climate-Linked Facility with the Government of Saint Kitts and Nevis.
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US$61.25M Term Loan for Homewood Suites by Hilton Barbados.
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US$40M Receivables Facility for Cat Island Infrastructure Company Ltd in The Bahamas.
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US$40M commercial port development agreement between Gemini Integrated Commodities Trading Company Ltd and Saint Kitts and Nevis.
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MOU with Grenada Development Bank to boost SME development and trade flows.
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Strategic cooperation MOU with the Caribbean Telecommunications Union to advance digital transformation.
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Appointment of Bank of The Bahamas Ltd as an Afreximbank Trade Finance Intermediary.
Leaders call for institutional change
Grenada Prime Minister Hon. Dickon Mitchell stressed the importance of creating institutions to shape Africa-Caribbean trade and financial systems, while advocating for unrestricted movement of people between the regions.
Afreximbank Executive Vice President and incoming President Dr. George Elombi highlighted the next phase as one of “conviction”—pushing forward with integrated payment systems and stronger trade finance links.
The ACTIF2025 communiqué:
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Endorsed the Global Africa Commission for formal adoption at the AU-CARICOM Summit in Addis Ababa this September.
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Committed to a Free Trade Arrangement, elimination of visa restrictions, and expanded air and maritime connectivity.
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Pledged deeper cooperation in digital, sports, and the creative economy.
Afreximbank President Prof. Benedict Oramah, completing his term this year, was honoured with a flamboyant tree planting at Camerhogne Park in St. George’s, symbolising vitality, peace, and growth. His vision has been instrumental in shaping the Global Africa concept and advancing Africa-Caribbean relations.
ACTIF2026 was officially announced, ensuring the platform’s continuity in building resilient cross-regional value chains.
