Afreximbank opens another financing door for Jamaica

Jamaican businesses seeking capital for expansion, modernization, or export initiatives now have another potential avenue for financing through the African Export-Import Bank (Afreximbank). The bank recently held its first Jamaica roadshow in Kingston, bringing its trade finance, investment, and advisory products directly to local companies, financial institutions, and government officials.

This intensified engagement follows Jamaica's signing of Afreximbank's partnership agreement in July 2025 and the subsequent approval of a substantial US$5 billion financing facility allocated for the Caribbean region, including Jamaica. The roadshow aimed to practically demonstrate how local companies can leverage these offerings to overcome common hurdles, such as acquiring new equipment, expanding production facilities, meeting export demands, improving logistics, upgrading tourism properties, or scaling up from small-scale operations to larger commercial enterprises.

Minister of Finance and the Public Service Fayval Williams highlighted the strengthening partnership between Jamaica and Afreximbank during her keynote address at the roadshow. "It is clear that the partnership between Afreximbank and Jamaica continues to strengthen. I therefore encourage all Jamaican institutions represented here today to deepen their engagement with Afreximbank so that, together, we can unlock greater opportunities for two-way trade and investment between Jamaica and Africa," Williams stated.

Afreximbank, a pan-African multilateral financial institution, is focused on financing and promoting trade within Africa and with international markets. Its growing presence in the Caribbean is part of its "Global Africa agenda," which seeks to bolster commercial ties between Africa, the Caribbean, and the broader diaspora. For Jamaica, the bank's offerings in trade finance, investment capital, advisory services, and support for sectors like manufacturing, tourism, and special economic zones are particularly attractive, as trade growth is intrinsically linked to production capacity.

“

It is clear that the partnership between Afreximbank and Jamaica continues to strengthen. I therefore encourage all Jamaican institutions represented here today to deepen their engagement with Afreximbank so that, together, we can unlock greater opportunities for two-way trade and investment between Jamaica and Africa.