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Afri-Caribbean Investment Summit Charts Path for Stronger Economic Ties, Shared Prosperity

Afri-Caribbean Investment Summit Charts Path for Stronger Economic Ties, Shared Prosperity
By: Michael Mike
The Afro-Caribbean Investment Summit, have marked a significant step in strengthening the ties between the two regions; Africa and the Caribbean, with a focus on sustainability, economic diversification, and collaboration for shared prosperity.
The historical event which took place in Abuja Nigeria, was organised by Aquarian Consult, in partnership with the government of Saint Kitts and Nevis, with theme, ‘bridging continents: Africa and the Caribbean, a partnership for prosperity.’
The event brought together political, business, and academic leaders from both Africa and the Caribbean to discuss the potential for deeper economic partnerships and long-term development.
Prime Minister of St. Kitts and Nevis, Dr. Terrence Michael Drew while delivering his keynote address highlighted the deep-rooted connection between Africa and the Caribbean.
He described Africa not just as a distant relative to the Caribbean but as the “mother” of the region.
He called for a shift from occasional discussions to a more structured, sustained collaboration in economic, cultural, political, and spiritual areas.
Drew emphasized that both regions must chart a course toward greater cooperation, recognizing their shared stories, challenges, and potential.
He highlighted the importance of addressing climate change, noting that the Caribbean, like many parts of Africa, has already felt the devastating effects of global warming.
Drew presented the geothermal energy project in Nevis as a model for sustainable energy, aiming to reduce the region’s dependency on fossil fuels and promote renewable energy solutions. He proposed that this effort could serve as a model for both African nations and small island developing states across the globe.
“The COVID-19 pandemic exposed the vulnerabilities of global supply chains, especially in the food sector. In response, St. Kitts and Nevis has been investing in modernizing its agricultural systems with a focus on climate-resilient crops and sustainable farming techniques.
“We call on Africa’s agricultural expertise to partner in these efforts, joint research, farm exchanges, and technology partnerships could revolutionize food production for both regions.
“We need reform in our financial systems to support innovation and economic growth. Young entrepreneurs, women, and small businesses often struggle to access the capital needed to bring their ideas to life. It is importance we create innovative financial instruments, such as diaspora bonds and microfinance programs, which could foster economic independence and growth across the Afro-Caribbean bloc.”
Former President of Mauritius, Dr. Ameenah Gurib-Fakim, also emphasized on the structural challenges facing Africa. She noted that while Africa is home to vast natural resources and a growing youthful population, it accounts for a disproportionately small share of global trade and GDP.
Gurib-Fakim highlighted the Africa Continental Free Trade Area (AfCFTA) as a critical step toward creating a unified market that could unlock Africa’s manufacturing potential.
However, she warned that Africa’s economic transformation would only be possible if the continent invests in science and technology and addresses its skills gap in order to meet the demands of the modern economy.
Gurib-Fakim also stressed the importance of education reform to drive innovation and entrepreneurship. She criticized the continent’s educational systems, which she argued “limits the development of critical thinking and problem-solving skills necessary for success in knowledge-based economies.”
For her part, Ms. Aisha Maina, General Managing Director of Aquarian Consult, emphasized the concept of a “Global Africa,” referring to the shared identity and common heritage of people of African descent around the world.
She declared that the time has come for the Global South to invest in itself, reject externally imposed development metrics, and create its own standards for growth.
Maina called for greater collaboration between Africa and the Caribbean, not just in trade but in innovation and entrepreneurship.
She stressed that “both regions must come together, leveraging their collective strengths, to overcome historical divisions and forge a path toward mutual prosperity.”
Also, Prof. Benedict Okechukwu Oramah, President of the Africa Export-Import Bank (Afrexim Bank), reinforced the need for institutionalized cooperation between Africa and the Caribbean.
He highlighted the shared history of colonization and displacement, but also the immense potential for the two regions to collaborate on a global scale.
Oramah emphasized the role of Afreximbank in facilitating trade and investment, urging both regions to harness their natural resources and intellectual capital to build industries that can compete on the global stage.
Oramah concluded by stating that the unity of Africa and the Caribbean could form one of the world’s most powerful political and economic blocs, with the capacity to shape global affairs.
The summit, he said, “was a step toward creating a structured, organized framework for Afro-Caribbean collaboration, with the goal of increasing trade, innovation, and sustainable development.”
Afri-Caribbean Investment Summit Charts Path for Stronger Economic Ties, Shared Prosperity
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Zulum donates N100m to wounded soldiers; families of fallen heroes
Zulum donates N100m to wounded soldiers; families of fallen heroes
By: Michael Mike
Borno State Governor, Prof. Babagana Zulum has donated N100 million to aid the families of slain soldiers and those wounded in the ongoing fight against insurgency in the northeast region.
The donation was made on Saturday at an Eid El-Kabir Sallah luncheon hosted jointly by the Chief of Army Staff, Lieutenant General Olufemi Oluyede, and the Chief of Air Staff, Air Marshal Hassan Abubakar, held at Maimalari Barracks in Maiduguri.

Zulum, while presenting a cheque of N100 million to the Theatre Commander of Operation Hadin Kai, Major General Abdussalam Abubakar, stated that each of the soldiers wounded in action would be given N500,000, while the remaining amount would be distributed among families left by the soldiers killed in action in the ongoing fight against insurgency.
The presentation of the cheque was witnessed by the Chief of Army Staff, Lieutenant General Olufemi Oluyede, the Chief of Air Staff, Air Marshal Hassan Abubakar and the Force Commander, Multi-National Joint Task Force (MNJTF), Major General Godwin Mutkut.

Other prominent personalities present include a member of the House of Representatives, Engr. Bukar Talba, Secretary to Borno State Government, Alhaji Bukar Tijani, Head of Service, Dr Muhammad Ghuluze, Ag Chief of Staff, Dr Babagana Mallumbe, Borno APC Chairman, Hon. Bello Ayuba, among many senior government officials.
Zulum commended the resilience and patriotism of the Nigerian Armed Forces, emphasising that their sacrifices should never be forgotten. He said: “Your commitment on the frontlines, often under extreme conditions and far from your families, is not lost on us. We remain eternally grateful for your service and will never take your sacrifices for granted.”
The Governor also assured the military leadership of his continued support, stating that: “Borno State will continue to stand shoulder-to-shoulder with the Nigerian Army and all security agencies in the fight against insurgency and rebuilding our communities for a peaceful and prosperous future.”
Zulum donates N100m to wounded soldiers; families of fallen heroes
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Yobe: One killed as Fulani attacks traders in Fune local government

Yobe: One killed as Fulani attacks traders in Fune local government
By: Yahaya Wakili
One person was reportedly killed and many injured on Monday, during a market day in Kayeri village of the Fune local government area of Yobe state, where Fulani invaded the market, started beating the people, and looted their properties.
Eyewitnesses said that as a result of this, one person was killed and properties worth thousands of naira were looted by the Fulanis, and some people are saying the incident was caused by the negligence of the government.
They narrated that this has been happening every year in either the Eid-el-Fitr or Eid-el-Kabir is approaching. On every market day, the government used to reinforce security and vigilantes to protect the lives and properties of the people from Fulani looters.
According to them, this time around, the local government didn’t send any security or vigilantes to the market day, so the Fulanis took advantage of this: they invaded the market, started beating the people, killed one person, and looted people’s properties.
When contacting the chairman of the local government, Alhaji Baba Goni Mustapha Bade, he started reacting violently to our reporter for attempting to make findings on the incident.
“Why are you journalists doing this? I will not say anything about this. Go and write whatever you want to write.” Bana Goni said
Yobe: One killed as Fulani attacks traders in Fune local government
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Marwa describes Prof. Jubril Aminu an epitome of knowledge

Marwa describes Prof. Jubril Aminu an epitome of knowledge
By: Michael Mike
Chairman/Chief Executive Officer of the National Drug Law Enforcement Agency (NDLEA), Brig. Gen. Buba Marwa (Rtd) has described former Minister of Education, Prof JubrilAminu as an epitome of knowledge who made positive impacts in medicine, education, foreign policy, politics, oil industry, and all other sectors where he served Nigeria at different times.
Marwa, in a statement on Friday, said the death of Aminu on Thursday 5th June “is a monumental loss that leaves a multitude of people grief-stricken in Nigeria and outside the shores of this country.”
He said: “Even at 85, we would have loved to see him live much longer, for many more years, so that Nigeria can continue to benefit from his depth of knowledge and wealth of experience that cuts across critical sectors of human development.”
Marwa said the outpour of tributes in the past 24 hours is an indication of Prof Aminu’s far-reaching influence and impact across various spheres of life, all of which further exacerbated the sense of loss for Nigerians.
He added that: “Yet, in our state of bereavement, we cannot but celebrate the life and times of an extraordinary man, an epitome of knowledge who, until he passed on, was and is still one of Nigeria’s finest examples in medicine and academics, where he made lasting impacts.”
The NDLEA boss said apart from coming from the same state with the late Senator, who once represented Adamawa Central in the National Assembly, he has good memories of the various times and stages their paths crossed in the service of the nation.
Marwa describes Prof. Jubril Aminu an epitome of knowledge
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