Oramah: Investors should tap into opportunities in Africa & Caricom

The President of the Africa Export-Import Bank, Benedict Oramah, is calling on investors to not stand on the sidelines but to actively participate in the trade and investment opportunities available between Africa and the Caribbean. Speaking to CNBC Africa during the second AFRI-Caribbean Trade and Investment Forum in Georgetown, Guyana, Oramah highlighted the bank's plans to launch funds in the renewable energy sector. Oramah emphasized the commitment of the Africa Export-Import Bank to fulfilling its promises and delivering on its objectives to promote trade and investment between the Caricom nations and Africa. He encouraged those who have been hesitant to seize the chance for collaboration, assuring them of the bank's support and backing. The issue of de-risking investments in Africa was also discussed during the forum, underscoring the importance of creating a conducive environment for businesses to thrive. Oramah mentioned ongoing deals that were being showcased at the forum, shedding light on the opportunities available for interested parties. In his conversation with CNBC Africa, Oramah's confidence in the potential for growth and development through partnerships between Africa and the Caribbean was evident. With a focus on renewable energy, the bank is poised to facilitate investments that would not only drive economic progress but also contribute to sustainable practices. The call to action from Oramah serves as a prompt for investors to explore the untapped potential in these regions, leveraging the resources and opportunities for mutual benefit. The collaboration between Africa and the Caribbean presents a platform for growth, innovation, and shared prosperity, and Oramah's message resonates as a beacon for those seeking to make a meaningful impact in these markets. As the global landscape continues to evolve, diversification of investments and strategic partnerships are crucial for unlocking new avenues of growth. The intersection of Africa and the Caribbean offers a unique opportunity for collaboration that can yield significant returns and foster long-term economic stability. In conclusion, Oramah's advocacy for increased engagement and investment in the bilateral relations between Africa and the Caribbean underscores the transformative power of cooperation. As stakeholders embrace this call to action, a new era of economic collaboration and shared prosperity awaits, paving the way for a brighter future for both regions.