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

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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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KACRAN Appeals for Resolution of Diplomatic Tensions Between Nigeria and Niger

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KACRAN Appeals for Resolution of Diplomatic Tensions Between Nigeria and Niger

By: Michael Mike

The Kulen Allah Cattle Rearers Association of Nigeria (KACRAN) has called on President Bola Tinubu and the leadership of the Republic of Niger to resolve ongoing diplomatic tensions through dialogue and mutual understanding.

In a statement issued on Tuesday by its National President, Hon. Khalil Bello, the association urged both countries to restore their long-standing relationship, stressing that Nigeria and Niger share deep historical, cultural and economic ties that predate colonial boundaries.

KACRAN highlighted that the two nations are connected by an extensive border stretching over 1,600 kilometres, linking Niger with several northern Nigerian states, noting that communities across the border share common ethnic identities, languages and religious beliefs, with many families divided between both countries.

The group noted that these close social connections were a major reason many residents of Northern Nigeria expressed opposition to any form of military action against Niger following the recent political changes in the country.

Beyond social ties, KACRAN emphasized the existence of strong economic interdependence between the two neighbours. It stated that Nigerian markets, especially in Kano and border towns, serve as major commercial hubs for Nigerien traders, while Nigerian business activities are also prominent within Niger.

The association warned that the current strain in diplomatic relations is having a negative impact on trade and pastoral livelihoods. It explained that seasonal livestock migration, particularly by herders from states such as Yobe who move into Niger during the rainy season to avoid farmland conflicts, has been disrupted. This disruption, KACRAN said, affected livestock supply during the recent Eid-el-Kabir festivities.

KACRAN also stressed the need for joint security efforts, noting that challenges such as insurgency and banditry affect both countries and require coordinated action rather than isolation.

Calling for restraint, the association urged Nigeria, Niger and the Economic Community of West African States (ECOWAS) to prioritize diplomacy over confrontation. It maintained that peaceful engagement remains the most effective path to stability, economic growth and regional security.

The group appealed to leaders in the sub-region to place the welfare of citizens above political disagreements and preserve the spirit of cooperation that has long defined Nigeria-Niger relations.

KACRAN Appeals for Resolution of Diplomatic Tensions Between Nigeria and Niger

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Army troops foil bandits’ attack on anyagba village in benue

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Army troops foil bandits’ attack on anyagba village in benue

By: Zagazola Makama

The Nigerian Army troops of the Joint Task Force Operation Whirl Stroke (OPWS) have foiled a planned attack by armed bandits on Anyagba village in Benue State, neutralising one assailant and recovering a firearm and ammunition.

Sources told Zagazola Makama that the joint team,comprising Army, PMF elements and state-backed civil protection guards, was alerted at about 4:00 p.m. to the movement of armed bandits toward Anyagba community, apparently with intent to launch an attack.

“The troops mobilised immediately toward the Utange axis where the bandits were sighted,” the source said.

“On sighting the joint team, the bandits opened fire, leading to a brief exchange. One suspect was fatally wounded during the encounter and later died while being evacuated for medical attention.”

The source said the corpse was deposited at a morgue, while the remaining suspects fled into nearby bushes.

Items recovered at the scene include one AK-47 rifle with breech number 22446, two magazines, three rounds of 7.62mm live ammunition and several expended shells.

“No casualty was recorded on the side of the joint forces,” the source added.

Following the incident, troops intensified combing operations in surrounding bushes to track and apprehend the fleeing suspects.

In a related development along the Katsina-Ala axis, a patrol team on stop-and-search duty recovered a locally fabricated pistol and a cartridge from a bag abandoned by a suspect who escaped on sighting the troops.

The military urged residents to remain vigilant and continue to provide timely information to security agencies to help prevent attacks and protect communities across the state.

Army troops foil bandits’ attack on anyagba village in benue

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Gunmen kill five, abduct passengers in attack on Abuja–Ilesha bus in Kogi

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Gunmen kill five, abduct passengers in attack on Abuja–Ilesha bus in Kogi

By: Zagazola Makama

The Kogi State Police Command has confirmed that five persons were killed and several others abducted in a deadly attack on a commercial bus along the Oshokoshoko/Agbede Highway near a military checkpoint in the state.

Sources said the incident occurred at about 12:10 a.m. on Friday, Jan. 30, when heavily armed hoodlums blocked the highway and opened fire on vehicles in transit.

According to the source, an 18-seater Toyota bus with Jigawa State registration number HJA 687 YD, conveying passengers from Abuja to Ilesha, was riddled with bullets during the attack.

“Five unidentified corpses with gunshot injuries were recovered at the scene,” the source said.

The sources added that one of the passengers, identified as Naziru Aliyu, was rescued with gunshot wounds and rushed to Fisayo Hospital for treatment, while the bodies of the deceased were deposited at the Federal Teaching Hospital mortuary in Lokoja.

The Divisional Police Officer (DPO) in Obajana was said to have mobilised joint security teams to the area for assessment and rescue operations.

Further bush-combing and intelligence-led operations later led to the rescue of 14 additional passengers. They were identified as Qorib Akere, Hamsatu Umar, Maryam Abubakar, Alpha Abdullateef, Alpha Uammi Adamu, Sanni Yahaya, Engr. Wojuola Olajide, Ademola Ibrahim, Fidelis Ajeh, Musa Muhammed, Nehemiah Gyang, Kanini Moses and Simon Obadiah.

Some of the rescued victims sustained gunshot wounds and are currently receiving treatment at Fisayo Hospital.

The police said about four passengers from the bus are still unaccounted for.

The sources Investigation has commenced, while strategies for further rescue operations and the arrest of the perpetrators are being intensified.

The command assured residents and road users of its commitment to restore safety along the highway and bring the attackers to justice.

Gunmen kill five, abduct passengers in attack on Abuja–Ilesha bus in Kogi

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