Caribbean
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economy
Afreximbank achieves outstanding financial results in 2023, amid challenging operating environment
African Export-Import Bank (Afreximbank) says it has delivered exceptional financial results in 2023 amid a challenging operating environment, with results well ahead of expectations. This is contained in a statement signed by Vincent Musumba, Manager, Communications and Events, Afreximbank, on Friday. Msumba said that, largely propelled by the bank’s and its subsidiaries’ growth, the group’s results for the financial year…
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Africa
Saudi Fund for Development Signs Two Framework MoUs for Caribbean Infrastructure and Energy Projects
Riyadh, Saudi Arabia — The Saudi Fund for Development (SFD) Chief Executive Officer, H.E. Sultan Al-Marshad, signed today two developmental Framework Memorandum of Understandings (MoUs) with the governments of Saint Vincent and the Grenadines, and Saint Kitts and Nevis. The signing took place in Riyadh, Kingdom of Saudi Arabia, as a build-up to the Saudi – CARICOM Summit which begins…
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Africa
Saudi Fund for Development expands operations in the Caribbean countries with agreement to fund expansion project of University of the West Indies at Five Islands in Antigua and Barbuda
Saint John’s, Antigua and Barbuda — The Saudi Fund for Development (SFD) CEO, Mr. Sultan Al-Marshad, and Honorable Gaston Browne, Prime Minister of Antigua and Barbuda, signed an $80 million financing agreement for the expansion project of the University of the West Indies at Five Islands (UWI) in Antigua and Barbuda. The agreement represents a significant milestone, with Antigua and…
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