A New Era for Africa–Caribbean Trade Relations

Africa-Caribbean trade relations will take center stage at ACTIF 2025, as Grenada prepares to host more than 900 delegates from both regions from July 28–30, 2025. The landmark forum, co-organized by Afreximbank and the Government of Grenada, will focus on building stronger economic, cultural, and strategic ties between Africa and the Caribbean.

Set under the theme “Resilience and Transformation: Enhancing Africa-Caribbean Economic Cooperation in an Era of Global Uncertainty,” the forum will convene more than 900 delegates, including business leaders, policymakers, and heads of government from both regions.

Reimagining Africa-Caribbean Trade Relations Set to Deepen at ACTIF 2025
Alliances

According to Gail Purcell, Head of the National Organising Committee Secretariat, the Caribbean must begin to diversify its global partnerships beyond traditional allies. “We’re not turning away from long-standing relationships,” she noted, “but it’s time to broaden our outlook to Africa, South America, Asia, and within the Caribbean itself.”

Dr. Richard Allan Nixon, Strategic Business Development Advisor, emphasized the untapped potential of Africa-Caribbean trade, which currently accounts for less than 1% of total Caribbean exports. However, projections suggest this could increase to $1.8 billion in the near future with the right focus and collaboration.

Building on Past Momentum

Dr. Nixon cited the rising impact of previous ACTIF events:

• Barbados (2022): 1,200 delegates, $2 billion in business prospects
• Guyana: 1,400 delegates, $561 million in deals discussed
• The Bahamas: 3,600 participants, $4 billion in trade opportunities

“These figures show a pattern of increasing engagement and economic potential,” he said.

Direct Air Links Will Strengthen Africa-Caribbean Connections

A direct charter flight carrying nearly 300 passengers from Africa will arrive in Grenada specifically for the event, a symbolic and logistical milestone in strengthening ties between the regions.

Purcell also pointed to expanded visa waivers and improved entry processes for African nationals, helping to break down long-standing barriers. “We’ve often overlooked Africa as a serious trade and tourism partner. That mindset is shifting,” she said.

Spotlight on Grenada’s Role in Africa-Caribbean Trade Growth

The growing presence of African nationals in Grenada is also part of the narrative. The Nigerian-Grenadian Association, for example, now boasts a membership of nearly 400 professionals, including professors, entrepreneurs, and skilled workers.

“They’re not just visitors; they’re contributors to our society and economy,” said Purcell. “Their stories will resonate with the delegates arriving from Africa, stories of opportunity, belonging, and progress.”

Spotlight on Grenada’s Economic Pillars

ACTIF 2025 will include a “Spotlight on Grenada” session, showcasing the efforts of key national agencies such as:

• Grenada Tourism Authority (GTA)
• Grenada Investment Development Corporation (GIDC)
• Investment Migration Agency (IMA)
• St George’s University (SGU)

“These institutions represent the core of Grenada’s economy,” said Dr. Nixon. “Bringing them into the conversation helps create a complete picture of the opportunities that exist here.”

Why Africa-Caribbean Trade Relations Matter More Than Ever

From improved airlift to potential Africa-Caribbean or Caribbean–Brazil free trade agreements, ACTIF 2025 will provide a platform to think boldly about regional collaboration. As Dr. Nixon put it, “We have to ask: What’s next and how do we get there together?”