Afreximbank pumps US$100m into Bahamas road upgrades

  The African Export-Import Bank (Afreximbank) has disbursed a US$100 million receivables discounting facility to Bahamas Striping Group of Companies Ltd (BSGC) to fund the rehabilitation and construction of more than 320 kilometres of road infrastructure across The Bahamas. 

The funding marks a major boost in Africa–Caribbean financial collaboration and fast-tracks critical infrastructure upgrades aimed at improving connectivity, road safety, and economic competitiveness across the archipelago. 

The facility, stemming from a framework agreement signed with the Government of The Bahamas during the 48th CARICOM Heads of Government Conference in 2025, will enable BSGC to accelerate national road upgrades—including asphalt paving, road striping, safety enhancements, and maintenance—while supporting local employment and boosting commerce, tourism, and logistics across multiple islands. 

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