Afreximbank boosts Caribbean financing limit to US$5 billion

A Pan-African development bank just cranked its Caribbean financing ceiling from US$3 billion to US$5 billion over the next four years.

Afreximbank's Caribbean cash boost

• Afreximbank already pushed over US$750 million out the door regionally.
• Its active pipeline tops US$2 billion in pending deals.
• President George Elombi laid out the plans at a CARICOM summit in Basseterre.
• Full drawdown of that US$5 billion cap is the four-year target.

Sector targets across the region

• Healthcare builds are lined up for Barbados, Guyana, and Grenada.
• Tourism backing covers Barbados, Grenada, the Bahamas, and Antigua and Barbuda.
• Agro-processing and logistics projects span four Caribbean nations.
• Power, roads, and trade centers hit Grenada, Jamaica, the Bahamas, and Suriname.

Bigger institutional plays in motion

• An African Trade Centre in Bridgetown, Barbados, got a fresh commitment.
• A standalone Caribbean Eximbank is on the long-term roadmap.
• Access Bank, Oando, and Arise IIP are eyeing regional entry.
• CARICOM's new payment system mirrors Afreximbank's own PAPSS model.

ACTIF2026 and regional momentum

• St. Kitts and Nevis hosts the Afri-Caribbean trade forum in July.
• ACTIF2026 features deal signings, matchmaking, and cultural events.
• Eastern Caribbean Central Bank partnered on a decade-long growth strategy.
• Doubling the Caribbean economy's size is the stated ten-year goal.