Africa Considers Refining Guyana’s Oil as Afreximbank Partners with CARICOM on Regional Development Bank
Summary by New York Carib News
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Africa Considers Refining Guyana’s Oil as Afreximbank Partners with CARICOM on Regional Development Bank
St. George’s, Grenada — The African Export-Import Bank (Afreximbank) is in talks with the Caribbean Community (CARICOM) to establish a regional import-export bank — a bold step toward deepening Africa-Caribbean economic cooperation. Among the proposals under consideration is the possibility of refining Guyana’s oil in Africa, signaling a potential shift in the global energy value chain. The announcement was made at the 4th Annual Afri-Caribbean …
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