According to a joint study by the International Trade Centre (ITC) and the African Export-Import Bank (Afreximbank), annual trade between Africa and the Caribbean could reach US$1.8 billion by 2028, more than double its current value. This promising growth is conditional on the implementation of key measures such as reducing tariffs, improving logistics and promoting the processing of local value-added products. The study, conducted as part of the “Strengthening Afro-Caribbean Trade and Investment” project, highlights the immense opportunities that exist between the two regions, underlining that current trade accounts for…
Read MoreTrade between Africa and the Caribbean could reach US$1.8 billion by 2028
