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
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • International
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • 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
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • International
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • 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
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
  • Latest
  • Business
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • 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

Indonesian rescuers widen search for missing people after ferry sinks
International News, Latest News
Indonesian rescuers widen search for missing people after ferry sinks
July 4, 2025
GILIMANUK, Indonesia (AFP) — Hundreds of Indonesian rescuers widened their search for dozens of missing people Friday after a ferry sank in rough seas...
{"jamaica-observer":"Jamaica Observer"}
Two killed at candlelight vigil for slain girlfriend of cop
Latest News, News
Two killed at candlelight vigil for slain girlfriend of cop
July 4, 2025
ST MARY, Jamaica — A man and woman were reportedly shot and killed at a candlelight vigil that was being held for 21-year-old D’Johnnay Graham, suspec...
{"jamaica-observer":"Jamaica Observer"}
Manchester man charged with murder, abduction of car mart dealer and family
Latest News, News
Manchester man charged with murder, abduction of car mart dealer and family
July 4, 2025
MANCHESTER, Jamaica — Detectives in Manchester have charged a man in relation to the murder of a car mart dealer, the abduction of the businessman’s f...
{"jamaica-observer":"Jamaica Observer"}
Russia brushes off talks, launches largest assault on Ukraine
International News, Latest News
Russia brushes off talks, launches largest assault on Ukraine
July 4, 2025
Kyiv, Ukraine (AFP)-The Kremlin said on Friday that it sees no immediate diplomatic way out of the war in Ukraine, hours after launching its largest e...
{"jamaica-observer":"Jamaica Observer"}
Thompson expects ‘fireworks’ in next clash with Lyles
International, Latest News, Sports
Thompson expects ‘fireworks’ in next clash with Lyles
July 3, 2025
EUGENE, United States (AFP) — Kishane Thompson is looking forward to "fireworks" when he next faces American Noah Lyles in a rematch of the Paris Olym...
{"jamaica-observer":"Jamaica Observer"}
Caribbean delegation lauds ‘productive’ reparation talks after Europe visit
Latest News, Regional
Caribbean delegation lauds ‘productive’ reparation talks after Europe visit
July 3, 2025
BRIDGETOWN, Barbados (CMC) –  Several activists and researchers in the reparations movement from across the region have hailed two successful days of ...
{"jamaica-observer":"Jamaica Observer"}
Denmark to conscript women for armed services
International News, Latest News
Denmark to conscript women for armed services
July 3, 2025
Denmark will begin to conscript women to its armed services, an extension of the lottery conscription system already in place for men, according to me...
{"jamaica-observer":"Jamaica Observer"}
2022 census results expected by end of September
Latest News, News
2022 census results expected by end of September
July 3, 2025
KINGSTON, Jamaica — The Statistical Institute of Jamaica (Statin) is on track to release the official population count for the 2022 Population and Hou...
{"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