Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup
      • Olympics
      • #
    • Videos
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obits
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup
      • Olympics
      • #
    • Videos
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obits
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
    • Business Bites
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • Videos
  • Career & Education
  • Classifieds
  • All Woman
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Design Week
PJ Patterson calls for Africa-Caribbean economic revolution at Afreximbank Annual Meeting
PJ Patterson delivering a keynote address at the 32nd Annual Meeting of the African Export-Import Bank (Afreximbank)
Latest News, News
June 25, 2025

PJ Patterson calls for Africa-Caribbean economic revolution at Afreximbank Annual Meeting

ABUJA, Nigeria — Former Jamaican prime minister PJ Patterson is calling for an unprecedented economic alliance between Africa and the Caribbean to forge what he termed “Global Africa’s” path to prosperity.

He was delivering a keynote address at the 32nd Annual Meeting of the African Export-Import Bank (Afreximbank).

Speaking before an audience of African heads of state, Caribbean leaders, and international development partners, Patterson outlined a comprehensive vision for transforming centuries of shared heritage into a modern economic powerhouse capable of competing on the global stage.

“We are now separated by the Atlantic Ocean, but we should never forget that in the age of Gondwana, we were all part of a single supercontinent,” Patterson declared. “That geological rupture gave us both the richly endowed continent of Africa and serendipitously the bejewelled fragments that are the Caribbean Islands.”

Patterson’s address highlighted the urgent need for Africa-Caribbean economic cooperation in an era of global uncertainty. Current bilateral trade between the regions stands at US$729 million, but research by the International Trade Centre and Afreximbank shows this could reach US$1.8 billion by 2028 through strategic partnership and investment.

“The global order that has existed since the Second World War is imploding before our eyes,” Patterson warned. “The emerging face of protectionism is openly intolerant and dismissive of the aspirations of the countries of the Global South. For our survival and prosperity, we must act with urgency to strengthen relations within our regions.”

The longest-serving Jamaican prime minister praised Afreximbank’s Caribbean Initiative, which has committed US$2.5 billion in project pipelines and US$1.5 billion in investment opportunities across both regions. He specifically commended the bank’s recent commissioning of the African Trade Centre in Bridgetown, Barbados, as a tangible symbol of growing partnership.

Patterson emphasised the transformative potential of artificial intelligence (AI) and digital platforms in bridging the Atlantic divide. He announced continued collaboration between Afreximbank and the University of the West Indies’ Institute for Africa-Caribbean Advocacy on an AI hub pilot study designed to advance education, research, innovation, and trade between the regions.

“We who belong to Global Africa must develop AI of our own to deepen our economic and cultural linkages,” Patterson stated. “Both regions are hosts to enormous and successful creative and cultural industries. AI is key to creating a broad digital footprint where innovation and creativity can create economic value.”

Drawing on his diplomatic experience as architect of the original Lomé Convention and former chair of the United Nations (UN) Security Council, Patterson called for coordinated positioning in international forums.

“We must not allow ourselves to be divided or disregarded in the WTO (World Trade Organization), in the IMF (International Monetary Fund), at the United Nations, and especially at the climate negotiations,” he declared. “We must develop a common diplomatic architecture, coordinate our messaging and resist attempts to dilute our agendas.”

Patterson emphasised that economic transformation must be rooted in cultural pride and historical understanding.

“The post-colonial project cannot be fulfilled by economic metrics alone,” he said. “Our economic emancipation must be rooted in the fullest recognition of who we are.”

He challenged both regions to teach their youth about their rich heritage, stating, “Our youth must know that they are descendants of astronomers, engineers, architects, and philosophers. Before the Age of Exploration, there was the Age of the Nile Valley, of Timbuktu, of Kumasi and the Maroons, we are creators of knowledge.”

Patterson concluded his address with a call to action that resonated throughout the conference hall: “When our ancestors were taken across the Middle Passage, they brought with them not only pain, but also purpose. Today in this room, we are that harvest. We are the realisation of their longing. Let us turn this initiative into a movement, and this movement into momentum of our unity, prosperity and pride.”

The next major gathering is the AfriCaribbean Trade and Investment Forum scheduled for July 28-29, 2025, in St George’s, Grenada.

Tags:

Africa African Export-Import Bank Caribbean PJ Patterson
{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Zimi brawl accused must surrender travel documents  — Police
Latest News, News
Zimi brawl accused must surrender travel documents — Police
August 14, 2026
A New York man charged over his alleged involvement in a now-viral party brawl where two teenagers were injured has been ordered to hand over his trav...
{"jamaica-observer":"Jamaica Observer"}
Latest News, News
Market Bag: Drought, irrigation and higher food prices
August 14, 2026
KINGSTON, Jamaica — Prices are up at the Coronation Market this week as Jamaica grapples with worsening drought conditions. Shoppers heading to the do...
{"jamaica-observer":"Jamaica Observer"}
CCJ responds to allegations made in Trinidad newspaper
Latest News, Regional
CCJ responds to allegations made in Trinidad newspaper
August 14, 2026
PORT OF SPAIN, Trinidad (CMC) –  President of the Trinidad-based Caribbean Court of Justice (CCJ), Justice Winston Anderson, Friday condemned “in the ...
{"jamaica-observer":"Jamaica Observer"}
Hurricane poised to hit Hawaii as El Nino stirs Pacific
International News, Latest News
Hurricane poised to hit Hawaii as El Nino stirs Pacific
August 14, 2026
HONOLULU, United States (AFP) — A strengthening tropical storm named Lala is set to hit Hawaii's Big Island with hurricane force gales on Saturday, br...
{"jamaica-observer":"Jamaica Observer"}
JLP calls for resignation of Buchanan as Opposition spokesman over ‘chap di line’ remark
Latest News, News
JLP calls for resignation of Buchanan as Opposition spokesman over ‘chap di line’ remark
August 14, 2026
The Jamaica Labour Party (JLP) is calling for the resignation of Opposition Spokesman on Human Rights, Isat Buchanan, over remarks he made on social m...
{"jamaica-observer":"Jamaica Observer"}
Venezuela frees more political prisoners amid post-Maduro talks
International News, Latest News
Venezuela frees more political prisoners amid post-Maduro talks
August 14, 2026
CARACAS, Venezuela (AFP) — Venezuela freed dozens more political prisoners Friday, the government said, in a sign of progress in talks to reconcile th...
{"jamaica-observer":"Jamaica Observer"}
Family of black British academic found dead denounce ‘campaign of harassment’
International News, Latest News
Family of black British academic found dead denounce ‘campaign of harassment’
August 14, 2026
LONDON, United Kingdom (AFP) — The family of black British academic Jason Arday, who was found dead in London on Friday, criticised a "campaign of har...
{"jamaica-observer":"Jamaica Observer"}
Flow’s ‘Passport to Millions’ promotion promising massive cash prizes
Latest News, News
Flow’s ‘Passport to Millions’ promotion promising massive cash prizes
August 14, 2026
KINGSTON, Jamaica — Millions of dollars in cash and prizes are up for grabs this  summer as Flow introduces its ‘Passport to Millions’ promotion. In a...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct