African Export-Import Bank (Afreximbank) has entered into a Memorandum of Understanding (MoU) with the Caribbean Export Development Agency (CEDA) to formalise collaboration between the two institutions and provide a platform for exploring joint activities to support trade and investment flows between Africa and the Caribbean, and other collaborations.
According to the terms of the MoU, signed on June 14, 2024, at the 31st Afreximbank Annual Meetings (AAM2024) and the 3rd AfriCaribbean Trade and Investment Forum (ACTIF), held in Nassau, The Bahamas, Afreximbank and CEDA will collaborate in capacity building and technical collaboration, knowledge sharing and information exchange, and trade and investment promotion and facilitation. The MoU is expected to result in increased trade and investment between Africa and the Caribbean, thereby encouraging mutual economic growth and development.
