Business
Afreximbank Expands Caribbean Footprint with Bahamas Roadshow
The African Export-Import Bank (Afreximbank) intensified its Caribbean engagement with a high-level roadshow in Nassau on May 29, targeting Bahamian government, private-sector, and financial stakeholders to advance Africa-Caribbean trade and investment. The event follows the bank’s board approval of a US$5 billion financing facility for the Caribbean region.
To date, Afreximbank has deployed approximately US$140 million in Bahamian infrastructure through public-private partnerships and US$30 million to local small and medium enterprises. Prime Minister Philip Davis stressed that inclusive growth requires expanded access to capital: “Strengthening access to capital through institutions such as Afreximbank is an important part of our ongoing efforts.”
The initiative advances Afreximbank’s Global Africa agenda, which seeks to deepen commercial and financial links between Africa and diaspora regions. For Bahamian businesses, the bank offers financing, advisory, and trade-facilitation solutions designed to enhance economic resilience and shared prosperity amid global uncertainty.
