Le Suédois, recordman du monde, a remporté sans réelle opposition un nouveau titre international, mercredi 12 juin. Le Français Thibaut Collet, 5e à Rome et espoir de médaille aux Jeux de Paris, ne cache pas son admiration pour le phénomène de la perche.
“In unity we have the numbers and voice to sit at the table when decisions are made… we are a viable force to influence global decisions,” an optimistic Denya noted.
Notwithstanding, he said intra-regional trade, one of the main pillars for building the unity of the regions, remains low.
“Strengthening investment flows is among crucial steps to generational wealth creation… enhancing interconnectivity… and increase our capacity to withstand global shock,” the bank’s Senior Executive Vice President added.
“It is time to change the narrative, unite and change the course of our destiny, unite or perish,” were also among sentiments echoed during his presentation.
He urged Caribbean states to no longer rely on the generosity and pity of others with long waits for aid and grants.
This is the first time that Afreximbank is hosting its annual meetings in the Caribbean, bringing over 2, 000 persons from Africa to the region. Coinciding with AAM2024 is the hosting of the 3rd AfriCaribbean Trade and Investment Forum (ACTIF2024).
This year’s Annual Meetings will focus on the theme “Owning Our Destiny: Economic Prosperity on the Platform of Global Africa” and will include the launch of the Afreximbank 2024 Trade Report, plenary sessions addressing macroeconomic crises, economic transformation, and industrial transformation.
Already, 11 Caribbean Community (CARICOM) states have signed up under the African Export-Import Bank’s stated expressions of investment currently set at US$1.5 billion.
St. Lucia benefited from the first disbursement but the total sum is set to expand to US$3 billion also with the expectation that all 15 CARICOM member states will sign on.
Specific to the Caribbean, in 2018 the Afreximbank launched its diaspora strategy, which redefined intra-African trade as trade among Africans regardless of geographic location.
By 2020, the first historic direct flight between Africa and the Caribbean occurred between Jamaica and Nigeria. Since then, there have been direct flights between Barbados and Nigeria and Rwanda and Antigua and Barbuda.
In 2021, the first Africa-CARIOCM summit was held in Kenya and the regions cooperated during the COVID-19 pandemic, sharing vaccines and finding joint ways to address the challenges presented at the time.
Just out of the pandemic, in 2022, the first AfriCaribbean Trade and Investment Forum (ACTIF2024) was held in Barbados followed by a second hosting in Guyana in 2023.
Through this forum, the bank hopes to help Global Africa become a major player in the financial spheres across the globe, removing countries like the small island states in the Caribbean from the mercy of creditors that encourage borrowing with dying implications for development.
And so, Governor of the Central Bank of the Bahamas, John Rolle has urged member states CARICOM to use the meeting to plan for the cause ahead, deliberate on common goals and address the barriers to trade.
He reminded of healthy growth recorded in the Caribbean in 2023 and similarly healthy growth projected for 2024, led by the developments unfolding in Guyana with the exploitation of oil and gas reserves.
The Afreximbank Annual Meetings and the Africa-Caribbean Trade and Investment Forum will conclude on June 14 with a packed agenda.
Two labourers and a security guard were jointly charged on Tuesday with armed robbery. Brian Stevens, 22, a labourer from Haslington, East Coast Demerara; Claudius James, a 20-year-old security officer from South Ruimveldt Squatting Area, Georgetown; and Ronaldo Allicock, a 21-year-old labourer from Providence, East Bank Demerara, were arrested on June 9, 2024 by the Providence Police Station Criminal Investigation Department.
They are accused of committing an armed robbery on a 28-year-old Chinese businessman at YIJIA Supermarket in Providence, East Bank Demerara, on June 3, 2024.
The trio appeared before Magistrate Judy Latchman at the Diamond Magistrate’s Court where they pleaded not guilty. Bail was denied, and they were remanded to prison. The case was adjourned to June 26, 2024.
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