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20 SEPTEMBER 9 - 15, 2021
africa now
COMPILED BY OSWALD T. BROWN, WI CONTRIBUTING WRITER
First CARICOM-Africa Summit Convenes
History was made on Sept. 7, 2021, when the inaugural CARICOM-Africa Summit was held. Kenya hosted the virtual event under the theme, “Unity Across Continents and Oceans: Opportunities for Deepening Integration.” Kenya President Uhuru Kenyatta chaired the summit. Plans for Kenya to host a CARICOM and Africa Summit in 2020 had to be put on hold because of the COVID-19 pandemic. The summit followed on the declaration by the African Union of the Diaspora as the sixth region of Africa. Participants at the event included heads of state and government of the Caribbean community and the African Union, chairs of CARICOM and the African Union Commission and the Africa Regional Economic Communities (RECs), the secretaries-general of CARICOM and the Organization of the African Caribbean and Pacific States (OACPS) and the president of Caribbean
Development Bank (CDB). The deliberations institutionalize CARICOM-African Union collaboration, and an agreement was reached to host the Summits of the CARICOM- African Heads of State and Government bi-annually. Included among matters discussed were greater economic trade and investment opportunities between Africa and the Caribbean; and solidarity in actions to address global challenges, including climate change and the COVID-19 pandemic. The African Union generously agreed to invite CARICOM to be part of the African Medical Supplies Platform (AMSP) for the acquisition of COVID-19 vaccines which allowed the community to benefit from bulk purchasing. The vaccines began arriving in CARICOM last month. The summit followed a series of visits between the leaders of CARICOM and Africa, including the visits by President Nana Akufo-Addo of Ghana and President Kenyatta to the region in 2019; a reciprocal visit to Kenya by Barbados Prime Minister Mia Mottley, also in 2019; as well as visits to Namibia and South Africa by Prime Minister Andrew Holness of Jamaica in 2018 and Kenya in 2019; and a visit to Ghana by Trinidad and Tobago Prime Minister Keith Rowley in 2020. While in Kenya, Mottley unveiled a plaque for a CARICOM diplomatic mission at an ultra-modern business complex in Nairobi. Prime Minister Gaston Browne of Antigua and Barbuda, chair of CARICOM, announced recently that the mission will be opened soon as he committed to strengthening relations between CARICOM and Africa during his term as chair of the regional integration movement. WI
caribbean now PLP Promises to Grant More Commercial Bank Licenses to Bahamians
Opposition Progressive Liberal Party (PLP) Deputy Leader Chester Cooper said a PLP government would encourage the Central Bank of The Bahamas (CBOB) to grant at least three commercial bank licenses to Bahamians or groups of Bahamians, The Nassau Guardian reported. Cooper made the remarks during the PLP’s recent economic summit, explaining that the PLP hopes to bring more Bahamian ownership to the commercial banking sector. The move would also be used as an impetus to stimulate the country’s economy. “We are committed to Bahamianizing the sector with a view to empowerment,” said Cooper. “We are also committed to finding solutions for the unbanked Family Islands.” Most of the large commercial banks in The Bahamas have their roots in Canada, and many have pulled out of the Family Islands in the past two years, contending that it did not make business sense to have branches in certain communities. Led by prominent Bahamian lawyer Philip “Brave” Davis, Q.C., the PLP is conducting a vigorous campaign leading up to the Sept. 16 general election in The Bahamas. Many political observers in The Bahamas are predicting that the party will win the majority of the seats in the 38-member House of Assembly and replace the governing Free National Movement (FNM) as the new government of The Bahamas. WI
THE WASHINGTON INFORMER / WWW.WASHINGTONINFORMER.COM
