The inaugural Africa-Caribbean Trade and Investment Forum kicked off in Bridgetown, Barbados on Thursday Africa Daily News, New York can confirm.
The forum is organised by the African Export-Import Bank (Afreximbank), Export Barbados (BIDC), and Invest Barbados.
The organisers hope the forum will lead to increased business and strategic relationship between the Caribbean and African countries.
The Global Head, Client Relations, AfreximBank, Rene Awambeng and the Chief Executive Officer of Invest Barbados, Kaye-Anne Grennidge said they were optimistic about the impact the forum would exert on participants.
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The investment forum, which is themed is ‘One people, one destiny. Uniting and reimaging our future’, will focus on business-to-business engagements and panel discussions on several topics, including: accelerating industrialization and manufacturing; developing special economic zones (SEZs) and industrial parks; improving infrastructure, financing and trade logistics, including regional integration; creating the conditions to accelerate private sector investment; promoting trade and tourism; and improving agricultural productivity and expanding agribusiness opportunities and food security.
The Forum is expected to welcome 750 delegates from Africa and the Caribbean, including government and private sector officials from both regions, as well as investors, development partners, and trade support institutions.
In another report, the U.K Minister for Trade, Penny Mordaunt and The Nigeria Minister for Industry, Trade and Investment, Mr Niyi Adebayo, at the Economic and Development Forum (EDF) in London.
The U.K Government has said that it held talks with Nigeria at the Economic and Development Forum (EDF) in London, to promote trade and boost their partnership worth 3.2 billion pounds.
The British High Commission in Nigeria made this known in a statement on Tuesday.
It said that at the Forum, both countries marked increased support for small and medium-sized enterprises in Nigeria, including the UK Manufacturing Africa programme, which had helped 12 firms in Nigeria secure foreign investments.
