St. George’s: The African Export-Import Bank (Afreximbank), in partnership with the Government of Grenada, has announced the fourth edition of the AfriCaribbean Trade and Investment Forum (ACTIF2025) will be held in St. George’s, Grenada, from 28 to 29 July 2025. The event will be conducted under the theme: ‘Resilience and Transformation: Enhancing Africa-Caribbean Economic Cooperation in an Era of Global Uncertainty.’
According to Ethiopian News Agency, ACTIF2025 is Afreximbank’s flagship initiative to drive commercial, economic, and cultural ties between Africa and the Caribbean. The forum aims to build on the momentum of the previous three editions and further promote trade and investment potential between the two regions. The International Trade Centre (ITC) estimates that AfriCaribbean trade could reach 1.8 billion USD by 2028, highlighting the significant potential for growth.
This potential growth is attributed to the crucial role of public and private partners and the strategic investment in sectors such as minerals and metals, processed foods, and transportation. By connecting opportunities with capital and market information, the forum aims to positively impact the economies of Africa and the CARICOM region.
The Prime Minister of Grenada, H.E. Dickon Mitchell, emphasized the forum’s importance as a call for unity and global enterprise, aiming to foster economic prosperity and mutual respect. Professor Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, underscored the urgency for Africa and the Caribbean to strengthen economic ties amidst a turbulent global economic environment. Despite the strong historical and cultural bonds, trade between the regions remains low, a potential that ACTIF seeks to unlock.
ACTIF2025 is expected to welcome approximately a thousand delegates, including Heads of State, senior government officials, private sector leaders, development finance institutions, and Diaspora investors from across Africa, the Caribbean, and beyond. Stakeholders from various sectors, including Small and Medium Enterprises, multilateral institutions, investors, and entrepreneurs, are invited to explore trade, investment, and networking opportunities.
The forum will spotlight key sectors such as agribusiness, energy, infrastructure development, logistics, creative industries, tourism, health, manufacturing, and financial services, promoting regional value chains and facilitating trade and investment to unlock these opportunities.