In a major step forward for deepening transatlantic economic collaboration between Africa and the Caribbean, the African Export-Import Bank (Afreximbank) has formally signed a hosting agreement with the government of St Kitts and Nevis for the fifth iteration of the AfriCaribbean Trade and Investment Forum (ACTIF 2026), scheduled to run from July 29 to 31, 2026 at the St. Kitts Marriott Beach Resort, Casino & Spa in Basseterre.
The signing ceremony cemented both parties’ shared commitment to expanding bilateral and multilateral trade ties, unlocking investment flows, and strengthening long-term partnerships between the two regions. Speaking at the event, George Elombi, President and Chairman of Afreximbank’s Board of Directors, emphasized that the forum would bring together African and Caribbean stakeholders to address common development challenges and advance shared goals of economic self-determination and resilience. “Through ACTIF 2026, we will identify priority projects and programmes and dedicate ourselves to effective execution. This will be the pathway to our shared economic development,” Elombi noted.
Terrance M Drew, Prime Minister of St Kitts and Nevis, echoed this enthusiasm, underscoring his nation’s honor at taking on the hosting role. “This agreement signals our strong commitment to strengthening economic ties between Africa and the Caribbean. We are not just a beautiful destination; we are a gateway for investment, a hub for enterprise, and a proud partner in the Renaissance of Africans,” Drew said. He added that ACTIF 2026 would act as a powerful catalyst for inclusive growth, generating new opportunities for businesses and workers across both regions and building sustainable, long-term economic pathways that will benefit communities for generations.
Attendees at the 2026 forum can expect a full schedule of engaging programming, including expert panel discussions on regional trade integration, targeted investment matchmaking sessions, networking opportunities with public and private sector leaders, and deep dives into innovative initiatives designed to boost cross-regional cooperation. Positioned as a high-level convening space, ACTIF 2026 will bring together heads of government, institutional investors, private sector executives, development finance leaders, entrepreneurs, and diaspora representatives to map out strategies for inclusive, resilient growth amid ongoing global economic uncertainty.
Since its launch, ACTIF has emerged as the leading platform for mobilizing capital, forging strategic cross-border partnerships, and accelerating economic integration between Africa and the Caribbean. The event’s track record of delivering tangible outcomes was highlighted by results from ACTIF 2025, which secured five landmark Caribbean investment deals totaling $291.25 million across three countries, spanning sectors including trade and investment finance, corporate finance, project preparation, and export development.
Afreximbank’s growing footprint in the Caribbean underscores its long-term commitment to the region. Two years ago, the institution opened a regional office in Barbados, and since that time, it has approved more than $700 million in critical financing across the CARICOM bloc. This financing has supported a diverse range of high-priority projects, including climate adaptation initiatives in Saint Lucia, sports infrastructure and tourism expansion in Barbados, small and medium enterprise (SME) lending programs in the Bahamas, tourism development in Grenada, and oil and gas development in Suriname, among other efforts.









