Back in September 2021, Caricom and Africa held their first summit aimed at holding long talks about opportunities in trade and direct investment, air travel, and maritime links, among other areas. Delegates from both regions appeared upbeat and were encouraged by the pace of developments since the leaders met in 2021. Todd said the African bank is also helping the region “develop its own Exim bank” that would work along similar lines to its African counterpart. Commercial quantities were discovered back in 2020 and already the daily tally from two oilfields has reached about 400,000 barrels. Several of the African states are major oil producers, including Nigeria and Mozambique.
