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Afreximbank to build US$180M centre in Barbados

Summary by Stabroek News

– Guyana stands to benefit Last Monday, the African Export-Import Bank (Afreximbank) turned the sod for a US$180 million Afreximbank Africa Trade Centre (AATC) in Barbados, which the bank believes will bring increased trade and investment into the region and from which Guyana stands to significantly benefit. The article Afreximbank to build US$180M centre in Barbados appeared first on Stabroek News.

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CBC Barbados

Effort to reduce the region dependence on US dollar

One of the major challenges facing Barbados and the Caribbean could be resolved by Afreximbank.It is working to reduce transaction costs for intra-regional trade, while also decreasing the region’s dependence on the US dollar.Krystal Hoyte has more.We’ll hear more from that interview during In the Know with Krystal Hoyte, just after News Night.

16 hours ago

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The Independent Uganda:

Afreximbank breaks ground for a trade centre in Barbados

Mia Amor Mottley, Prime Minister of Barbados (6th), Dr. Carla Barnett, CARICOM Secretary-General (5th), Prof. Benedict Oramah, President & Chairman of Afreximbank (4th), and . Dickon Mitchell, Prime Minister of Grenada (3rd), alongside Afreximbank’s executive leadership and Barbados government officials during the ground breaking ceremony. This is the first regional office outside Africa to facilitate trade with the continent Barbados | THE INDE…

1 day ago

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Zawya

Afreximbank raises $303mln from debut Panda: IFR

The multinational financial institution is the second issuer from Africa to tap the Chinese onshore market

2 days ago

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The Heritage Times

Afreximbank: Africa’s Export Rose By 10% To $682 Billion In 2024

By Emmanuel Nduka The Africa Export and Import Bank (Afreximbank) has announced that Africa’s exports grew by 10% in 2024, reaching $682 billion, despite slower growth in many of its major trading partners. In its African Economic and Trade Outlook 2025 report, titled “African Resilience in a Changing World Order,” Afreximbank highlighted that the increase in exports was largely driven by the stabilization of commodity prices, a marked improvem…

2 days ago

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