As we welcome the convening of the Africa-Trade and Investment Forum, 2022 to Barbados, the SRC supports the efforts to establish deeper trade relations between CARICOM and Africa. Check out what we have done so far.
The SRC is pleased to share the work of the P.J. Patterson Institute for Africa-Caribbean Advocacy at The University of the West Indies, which aims to centralize and coordinate its relations with African peoples, governments, universities, and institutions through a specialized institutional agreement. See here for more information.
Read the publication from the International Trade Centre (ITC) on Expanding African-Caribbean Trade.
JOINT COMMUNIQUE/DECLARATION OF THE INAUGURAL AFRICARIBBEAN TRADE AND INVESTMENT FORUM – September 2, 2022, Click here to read more.
SRC Trading Thoughts
From the Savannah to the Sea: Connecting Kenya and Barbados through Trade and Investment
By Dr. Jan Yves Remy and Chelcee Brathwaite
On the side lines of the UNCTAD XV Conference hosted by Barbados on 3-7 October 2021, a growing courtship between Barbados’ Prime Minister Mia Mottley and Kenya’s President Uhuru Kenyatta was entering a new phase. While trade officials were busy negotiating the final text of the Bridgetown Covenant at the UNCTAD XV plenary session, Barbados was also playing host to a high-level Kenyan contingent of officials and business persons at a Kenya-Barbados Business Forum. The Forum was organized for the Kenyans and their Barbadian counterparts to exchange best practices and consider business opportunities in the fields of finance and investment; telecommunications and digitization; travel and tourism; energy; transportation and logistics; and biotechnology and bio trade. The Forum appears to have been successful and culminated in the signing of three agreements: an Air Services Agreement; a Memorandum of Understanding (MOU) in the Establishment of a Joint Committee on Trade and Investment; and an MOU in the Development of the National Botanical Garden. In this SRC Trading Thoughts we explore what business and trade opportunities might truly lie in the growing ties between Barbados and Kenya.
Caribbean-Africa Webinar Series Rapporteur’s Note
The SRC is pleased to share our Caribbean-Africa Webinar Series Rapporteur’s Note. It is the first output from the informative series we cohosted with Tralac, Trapca and AfronomicsLaw over a period of five weeks in June and July 2021. The rapporteur’s note, which was authored by the series’ moderators Ms. Kholofelo Kugler (Co-Founder, Trade Policy Exchange) and our own SRC Director Dr. Jan Yves Remy, provides a background to the series and the major conclusions from each of the webinars. The series was formally opened with a Keynote address by H.E. Wamkele Mene, Secretary-General of the African Continental Free Trade Area (AfCFTA).
We are particularly happy to release this Rapporteur’s Note to coincide with the hosting of the Africa-CARICOM Summit on September 7, 2021 and as our contribution to the wider discourse on deepening Africa-Caribbean relations.