Afreximbank announced in February 2026 that it is raising its financing limit for CARICOM nations from US$3 billion to US$5 billion, with the goal of deploying the full amount over the next three to four years. The announcement was made by Afreximbank President Dr. George Elombi at the 50th Regular Meeting of the Conference of Heads of Government of CARICOM in Basseterre, St. Kitts and Nevis.
The bank has already disbursed more than US$750 million across the region and has a pipeline of over US$2 billion in transactions under execution. The expanded ceiling is directed toward healthcare, energy, agriculture, logistics, and trade-enabling services. By providing an alternative to traditional Western lending routes, this commitment gives Caribbean governments and private sector players access to significant capital on terms designed to support structural economic development.
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