Nigeria and other African countries have announced they are exploring investment agreements in the Caribbean to boost growth in many economic sectors, including agriculture and renewable energy.
The call was made on Tuesday 25th, in Abuja at Aquarian Consult’s ongoing African Caribbean investment summit, which focuses on St. Kitts and Nevis.
Speaking on the theme “Bridging Continents: Africa and the Caribbean: A Partnership for Prosperity,” the Group Managing Director of Aquarian Consult, Aisha Maina, said the summit aimed to strengthen economic ties and build bridges and investments between Africa and the Caribbean.
“Real transformation begins when partnerships are solidified. As such, the summit will explore areas of partnership between Nigeria and other African countries in the Caribbean, focusing on St. Kitts and Nevis,” she said.
Prof. Benedict Oramah, President of the African Export-Import Bank (Afrexim), lamented the influence of Africa’s investment on the global order, blaming it on a lack of collaboration between Africa and other countries.
The acting regional operations officer, Allen Bongo, represented the Afrexim president, stated, that “Africa has 55 continents and 1.5 billion people, yet global trade remains minor as its Natural resources have been exploited, while human capital has been exported to more developed economies. Hence, there is a need for engagement with the Caribbean to support economic growth in critical sectors.”
Source: TheGuardian
