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Afreximbank to Avail U.S.$10 Billion Under Its Gulf Crisis Response Programme (Gcrp) to Shield African and Caricom Economies From the Ongoing Conflict

eriinfo.com1 week ago06 mins

To counter the severe economic shocks triggered by the escalating conflict in the Middle East, the Board of Directors of African Export-Import Bank (Afreximbank) has approved a US$10 billion Gulf Crisis Response Programme (GCRP) to insulate African and Caribbean economies, financial institutions and corporates from the impacts of the ongoing Gulf crisis. The conflict, which…

Afreximbank Raises Caricom Financing Cap to $5 Billion to Accelerate Regional Transformation

eriinfo.com1 month ago07 mins

Afreximbank President, Dr George Elombi addresses the 50th Regular Meeting of the Conference of Heads of Government of the CARICOM in Basseterre, St. Kitts and Nevis Pan African Multilateral Bank, African Export-Import Bank (Afreximbank), has announced a major expansion of its engagement with the Caribbean Community (CARICOM), increasing its regional financing limit from US$3 billion…

Africa: Beyond Colonial Legacies – Africa & Caricom Forge New Path in Reparatory Justice

eriinfo.com7 months ago010 mins

Addis Ababa — The recent Second Africa-CARICOM Summit in Addis Ababa marked a historic turning point in transcontinental relations, potentially reshaping how Global South nations collaborate on issues of justice, development, and collective sovereignty. Convened under the powerful theme Transcontinental Partnership in Pursuit of Reparatory Justice for Africans and People of African Descent through Reparations,…