African_Export-Import_Bank commits US$5B to The_Bahamas
Analysis based on 7 articles · First reported Jun 01, 2026 · Last updated Jun 02, 2026
The African Export–Import Bank>>>'s commitment of US$5 billion in financing for the Caribbean Community>>> region, including The Bahamas>>>, is expected to boost economic development, particularly in infrastructure and SME sectors. This will likely lead to increased investment opportunities and improved economic resilience in The Bahamas>>>.
The African Export–Import Bank>>> (Afreximbank) held a high-level roadshow in Nassau, The Bahamas>>>, on May 29, to strengthen trade, investment, and economic cooperation between Africa and the Caribbean Community>>>. The event, officiated by Prime Minister David Davis>>>, followed the approval of a US$5 billion financing facility for the Caribbean Community>>> region, including The Bahamas>>>. African Export–Import Bank>>> has already facilitated US$140 million in infrastructure financing and US$30 million for SMEs in The Bahamas>>>. Speakers like Okechukwu Ihejirika>>> highlighted the bank's commitment to sustainable growth and economic resilience. Other notable attendees included Michael Halkitis>>>, Minister of Finance, and Ginger Moxey>>>, Minister of Grand Bahama, along with private sector representatives Atario Mitchell>>> and Kino Simmons>>>.
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