African leaders call for a global Africa
Calls for a global Africa took centre-stage at the just concluded Afreximbank annual meetings held in the Bahamas. CNBC Africa spoke to Patient Sayimba Tambwe, Executive Chairman Africa Desk for more.
Tue, 18 Jun 2024 10:25:20 GMT
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AI Generated Summary
- Expanding trade in the Atlantic to include both Africa and the Caribbean is crucial for fostering unity and collaboration among people of African origin.
- Addressing logistical challenges is essential to making trade competitive and efficient, underscoring the need for African ownership of strategies and solutions.
- Establishing African-owned transport systems, such as shipping lines, and advocating for a unified African voice in transport rate negotiations are key steps to reducing logistics costs and promoting fair pricing.
Calls for a global Africa took centre-stage at the just concluded Afreximbank annual meetings held in the Bahamas. The discussions centered around the idea that Africa is not just a mainland but also includes the Caribbean, emphasizing the interconnectedness of all people of African origin. Patient Sayimba Tambwe, Executive Chairman Africa Desk, highlighted the importance of expanding trade in the Atlantic to encompass both Africa and the Caribbean. Tambwe stressed that considering the Caribbean as part of the African community is crucial in fostering a sense of unity and collaboration in trade initiatives. He underlined the significance of African Desk in driving the integration process, especially in tackling key trade facilitation, integration, and logistics challenges. Tambwe acknowledged the complexities of making trade competitive without addressing logistical barriers and called for a unified approach to enhance trade efficiency and pricing. The conversation also touched on the importance of African ownership of strategies and solutions to address trade challenges. Tambwe commended Afreximbank for its role as a bridge between Africa and the Caribbean, emphasizing the need for collaborative efforts in developing transport and logistics infrastructure. When discussing practical steps to reduce logistics costs, Tambwe highlighted the importance of establishing African-owned transport systems, such as shipping lines, to cater to the continent and the Caribbean. He also emphasized the need for direct flight connections between Africa and the Caribbean and the importance of representing a unified African voice in transport rate negotiations to achieve fair pricing.