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In his keynote address at the second AfriCaribbean Trade and Investment Forum (ACTIF 2023), Oramah said progress after the two regions resolved to cement ties.
IATF2023 is jointly organised by Afreximbank in collaboration with Egypt, the African Union Commission, and the AfCFTA Secretariat to boost intra-African trade.
When the Victoria Falls Stock Exchange (VFEX) debuted in 2020, there were concerns that its incentives would see listed companies abandoning ZSE in favour of the dollar-only bourse.
According to the Trade and Economic Outlook Report 2024 released by pan African bank, Afreximbank, the growth in the value of intra-African trade was from US$185,1 billion in 2022.
Headquartered in Nairobi, Kenya, ATIDI provides trade credit and political risk insurance to companies, investors and lenders interested in doing business in Africa.
Bekele-Thomas said innovative financing mechanisms, such as blended finance and risk guarantees, were critical to mobilising the resources needed to close the funding gap.