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Afreximbank Announces 2025 AfriCaribbean Trade and Investment Forum to Accelerate Trade, Investment and Economic Growth

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The ACTIF2025 is Afreximbank’s flagship initiative to drive commercial, economic and cultural ties between Africa and the Caribbean

ST. GEORGE’S, Grenada, May 22, 2025/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com), in partnership with the Government of Grenada, is pleased to announce that the fourth edition of the AfriCaribbean Trade and Investment Forum (ACTIF2025) will be held in St. George’s, Grenada, from 28 to 29 July 2025 under the theme: “Resilience and Transformation: Enhancing Africa-Caribbean Economic Cooperation in an Era of Global Uncertainty.”

The ACTIF2025 is Afreximbank’s flagship initiative to drive commercial, economic and cultural ties between Africa and the Caribbean. ACTIF will build on the momentum of the previous three Forums and further promote trade and investment potential between the two regions.

The International Trade Centre (ITC) estimates that AfriCaribbean trade could reach USD$1.8 billion by 2028. This growth is possible due to the crucial role of public and private partners and channelling investment into multiple sectors, including minerals and metals, processed foods, and transportation. Connecting opportunity with capital and market information can positively impact the economies of Africa and the CARICOM region.

The Prime Minister of Grenada, H.E. Dickon Mitchell, said: “ACTIF is a clarion call for unity, enterprise and a reimagined global role for our people.

“United in spirit in the pursuit of economic prosperity and mutual respect — the AfriCaribbean Trade and Investment Forum brings our shared vision for African-Caribbean unity to life through economic transformation, trade expansion and investment cooperation.”

Professor Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, said: “In today’s turbulent global economic environment, it is more urgent than ever for Africa and the Caribbean to strengthen their economic ties. Despite deep historical and cultural bonds, our regions continue to trade less than 1% of their exports with each other — a stark reminder of untapped potential. ACTIF was established to change that.

ACTIF is a clarion call for unity, enterprise and a reimagined global role for our people

“Through strategic partnerships, enhanced logistics, and greater access to capital, we are laying the foundations for a resilient transatlantic economic corridor that can drive inclusive growth, job creation, and sustainable development on both sides. ACTIF2025 is not merely a forum for business — it is a platform for rewriting the future of Afri-Caribbean economic relations, grounded in solidarity, shared values, and a common vision of prosperity.”

He further noted that the groundbreaking of the Afreximbank African Trade Centre (AATC) in Bridgetown, Barbados, on 27 March marked a significant milestone in the Bank’s long-term commitment to the region.

“The AATC will be a gateway for Africa-Caribbean trade and investment,” he said, “offering a home for African businesses in the Caribbean and opening doors for Caribbean entrepreneurs to Africa. I urge all ACTIF stakeholders to seize this moment to transform vision into action.”

ACTIF2025 is expected to welcome about a thousand delegates, including Heads of State, senior government officials, private sector leaders, development finance institutions, and Diaspora investors from across Africa, the Caribbean, and beyond.

Stakeholders across public and private sectors, including Small and Medium Enterprises (SMEs), multilateral institutions, investors and entrepreneurs, are invited to register and attend so that they can explore trade, investment and networking opportunities, obtain information about doing business in the Caribbean and Africa and contribute to building a resilient and prosperous Africa-Caribbean trade corridor.

The Forum will spotlight key sectors such as agribusiness, energy, infrastructure development, logistics, creative industries, tourism, health, manufacturing, and financial services, promoting regional value chains and facilitating trade and investment to unlock these opportunities.

The 2024 edition of ACTIF, held under the auspices of the Prime Minister of The Bahamas, The Honourable Philip Davis, was a resounding success. It resulted in over 15 deals and Memoranda of Understanding signed valued at over US$4 billion. ACTIF2025 in Grenada will build on this success to achieve greater commercial and economic linkages through deeper AfriCaribbean collaboration and actionable results.

Participants can look forward to business to business (B2B) and Business to Government (B2G) meetings, policy dialogues, sector-focused panels, investment showcases, gain access to financing facilities, high-level panel discussions, exhibitions, business network session, and explore trade and investment opportunities.

To register and learn more, please visit: https://apo-opa.co/4kvEXlD

Distributed by APO Group on behalf of Afreximbank.

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Joint statement welcoming the Republic of Togo’s announcement on Visa facilitation for African nationals

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The AfCFTA Secretariat and Afreximbank commend the Government and people of the Republic of Togo for hosting Biashara Afrika 2026 and for their continued commitment to advancing Africa’s economic integration agenda

LOMÉ, Togo, May 21, 2026/APO Group/ –The AfCFTA Secretariat and African Export-Import Bank (Afreximbank) (www.Afreximbank.com) welcome the announcement by the Government of the Republic of Togo, under the leadership of H.E. Faure Essozimna Gnassingbé, President of the Council of the Republic of Togo, regarding measures to facilitate visa-free entry for all nationals of African States holding valid passports, as announced by the Minister of Security on 18 May 2026.

The announcement was made in Lomé on the sidelines of Biashara Afrika 2026, the continent’s premier trade and business platform, which has brought together policymakers, private sector leaders, investors, and stakeholders from across Africa to advance dialogue on intra-African trade, investment, and regional integration.

Throughout the engagements, participants underscored the importance of facilitating the movement of African citizens, entrepreneurs, and investors as an important enabler of intra-African trade and economic cooperation. Against this backdrop, the announcement reflects the growing continental momentum towards strengthening connectivity and deepening African integration.

The AfCFTA Secretariat and Afreximbank, to which Togo is a State Party and a Member State, envision a continent where goods, services, capital, and people move more freely across borders in support of an integrated African market. Measures that facilitate mobility and connectivity continue to contribute towards advancing the broader mandate of both institutions; the attainment of the aspirations of Agenda 2063.

The AfCFTA Secretariat and Afreximbank commend the Government and people of the Republic of Togo for hosting Biashara Afrika 2026 and for their continued commitment to advancing Africa’s economic integration agenda.

Distributed by APO Group on behalf of Afreximbank.

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Morocco: African Development Bank commits €200 Million to boost employability and develop future skills

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This results-based financing is designed to strengthen the relevance, quality, and diversity of vocational training through the digitalisation of services, the large-scale rollout of learning systems, and stronger labour market integration mechanisms

RABAT, Morocco, May 21, 2026/APO Group/ –The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved €200 million in financing for the implementation of the “Cap Compétences 2030” programme, aimed at improving employment opportunities for young people and women.

 

This results-based financing is designed to strengthen the relevance, quality, and diversity of vocational training through the digitalisation of services, the large-scale rollout of learning systems, and stronger labour market integration mechanisms.

 

Cap Compétences 2030 is built around three pillars: skills development and strategic partnerships; inclusive training aligned with business needs; and digital transformation, supported by stronger institutional and operational capacity. The programme will also consolidate existing mechanisms while improving both their efficiency and reach.

 

Through the initiative, the African Development Bank seeks to expand access to diversified training opportunities and enhance the professional integration of beneficiaries into the labour market.

Our shared objective is to harness the demographic dividend to support value creation and promote employment, particularly for young people and women

 

Achraf Tarsim, Country Manager of the African Development Bank Group in Morocco, said Cap Compétences 2030 aligns with the priorities of the country’s National Employment Roadmap 2025–2030 and the Bank’s strategic vision under its Four Cardinal Points (https://apo-opa.co/3PDHMHn). “Our shared objective is to harness the demographic dividend to support value creation and promote employment, particularly for young people and women,” he said.

 

The Bank’s intervention is being implemented in close coordination with technical and financial partners to strengthen coherence and complementarity in support of public policy reforms.

 

This programme reflects the Bank’s long-term engagement in Morocco in the areas of human development, employment, and social inclusion. It also builds on a broader portfolio of results-based operations that contribute to structural reforms of the labour market and vocational training system.

 

Since its establishment, the African Development Bank Group has mobilised more than €15 billion across strategic sectors in Morocco, including education, health, employment, infrastructure, energy, and governance.

Distributed by APO Group on behalf of African Development Bank Group (AfDB)

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TotalEnergies Expands Angola Offshore Strategy as Martin Deffontaines Returns to Angola Oil & Gas (AOG) 2026

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TotalEnergies is spearheading a diverse investment approach in Angola, targeting frontier opportunities while scaling brownfield production

Martin Deffontaines, Country Manager for Angola at energy major TotalEnergies has been confirmed as a speaker at the Angola Oil & Gas (AOG) Conference and Exhibition – taking place September 9­­–10 with a pre-conference day on September 8. His participation comes at a pivotal time for the company as it expands its offshore strategy and is expected to provide insight into how one of the industry’s leading operators is positioning itself for Angola’s next phase of offshore growth.

TotalEnergies is driving a multi-faceted exploration and production strategy in Angola, balancing brownfield optimization with frontier exploration and large-scale deepwater developments. As one of the country’s biggest oil producers, the company’s recent investments signal a long-term commitment to the market as well as its broader ambitions to support Angola’s goals of sustaining production above one million barrels per day (bpd).

At the core of this strategy is unlocking additional value from producing assets. Just this month, the company signed a Principles Agreement with the National Oil, Gas & Biofuels Agency (ANPG) to extend its license for Block 32 to 2043. The agreement establishes the general terms for the continuous development of the block, while outlining the possible application of the Incremental Production Decree to bolster production. Block 32 is one of the country’s biggest producing assets, covering six fields and featuring the Kaombo project.

Beyond operational assets, TotalEnergies is pursuing new frontiers in Angola. The company signed an agreement in March 2026 with the ANPG and ExxonMobil for the allocation of four blocks in the Benguela and Namibe Basins – namely 40, 41, 42 and 58. The agreement lays the foundation for the signing of the respective contracts for the blocks. This follows another agreement signed in 2025 between TotalEnergies, ExxonMobil and the ANPG for the study and evaluation of the Free Areas of Blocks 17/06 and 32/21 – two of the country’s longest-producing assets. The agreement aims to identify new leads across the blocks, supporting future production growth.

The company’s ongoing project portfolio further highlights the scale of its ambitions in Angola. Central to this is the Kaminho deepwater project – the first major deepwater development in the Kwanza Basin. Representing a $6 billion investment, the project is expected to produce approximately 70,000 bpd through an FPSO designed with lower-emission technologies. FID was reached in 2024, with production on track for 2028. Kaminho builds on TotalEnergies recent project momentum, which saw two offshore projects start operations in 2025. The Begonia and CLOV Phase 3 developments added 60,000 bpd to the company’s Angolan portfolio, cementing its position as a major operator.

Deffontaines’ participation at AOG 2026 comes as these themes move to the forefront of Angola’s oil and gas agenda. As one of the country’s largest international investors, TotalEnergies continues to shape discussions around production sustainability, exploration strategy and offshore project economics. His presence at the event underscores both the scale of the opportunity and the growing international confidence in Angola’s deepwater market.

 

Distributed by APO Group on behalf of Energy Capital & Power.

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