Browsing: Doing business in Arica

  • The forum is being organised by the government of Barbados and the African Export-Import Bank under the theme “One People, One Destiny: Uniting and Reimagining Our Future”
  • ACTIF 2022 is expected to boost the African Continental Free Trade Agreement (AfCFTA), which removes barriers to trade, creating a large business environment
  • Barbados Prime Minister Mia Amor Mottley said the first-ever forum between Africa and CARICOM would be a milestone in strengthening the relations between the two regions
The first Caribbean Trade and Investment Forum (ACTIF) will occur from August 31 to September 3, 2022, in Bridgetown, Barbados.
The forum is being organised by the government of Barbados and the African Export-Import Bank (Afreximbank) under the theme “One People, One Destiny: Uniting and Reimagining Our Future”.
Other conveners are the AfCFTA Secretariat, the Africa Business Council, the CARICOM Secretariat, and the Caribbean Export Development Agency.
The conference will give business communities in

For the first time in 25 years, growth in Sub-Saharan Africa (SSA) could fall to -5.1 per cent this year due to the Covid-19 which will cost the region anywhere from US$37 billion to US$79 billion in lost output. 

This is a sharp drop from last year’s figure of 2.4 per cent showing that SSA is now facing its first recession in two and a half decades. Politically unstable countries are the most adversely impacted with those dependent on the export of commodities such as oil and metals, as well as the tourism sector coming in second. 

An analysis by the Global Trade Review (GTR) shows that...

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