The first Africa-CARICOM Summit is currently underway virtually, marking a commitment by leaders of both regions to further strengthen their diplomatic relations.

Making his contribution earlier in this morning’s session, Prime Minister Dr Keith Rowley said he looks forward to talks on trade and investment, highlighting the symbiotic relationship that exists with improving transport and connectivity between African nations and the Caribbean.

“While digital functionality is an imperative with online platforms such as this being ubiquitous, in-person exchanges will boost our trade, investment and tourism activities,” PM Rowley said.

He added: “We believe that there is scope also for immediate closer cooperation in the areas of finance and agriculture. In the financial services sector, some advances have already been made. Our Trinidad and Tobago’s Republic Bank Ltd acquired in April 2018, the majority shareholding of HFC Bank of Ghana Ltd, as part of its aim to be a key player in corporate banking internationally. We in CARICOM are actively engaged in discussions to establish an investment fund, to unlock and sustain our development programs. We trust that Africa will invest with us, as we are indelibly imprinted with Africa in us.” 

Dr. Rowley said there is also scope for collaboration in the creative sector, which has been particularly hard-hit by the pandemic the world over.