St Kitts and Nevis: Prime Minister of Twin-Island Federation, Dr Terrance Drew, has recently hosted the President of the African Export-Import Bank popularly known as ‘Afreximbank’, Professor Benedict Oramah along with his delegation at the Ministry of Finance Conference Room on Monday, February 20, 2023.
The reports have confirmed that the meeting followed the signing of a memorandum of understanding (MOU) on Friday, February 17, with Afreximbank while the Bahamas for the Fortry-Fourth (44th) Meeting of the Conference of the CARICOM Heads of Government.
According to the recent updates, “The signed memorandum of understanding between both parties entails collaboration and association on initiatives to carry forward the projects in strategic terms in renewable energy such as a solar power plant, grid connectivity between Saint Kitts and Nevis, and smart metering among other energy-related initiatives,” said PM Drew.
Furthermore, Prime Minister of St Kitts and Nevis, Dr Terrance Drew, took to his official social media handle to share glimpses and information regarding the recently held meeting.
In his social media caption, he emphasised the motive behind the meeting to discuss the wider areas with the entire Cabinet of the Government of the Twin-Island Federation.
Moreover, PM Drew called the meeting an essential step in the direction of building a mutual bilateral relationship between the administration of St Kitts and Nevis and the African Export and Import Bank.
He further cited, “It was a fruitful and beneficial engagement between both parties, and we look forward to getting involved in further productive collaborations along with future projects with Afeximbank.”
In addition, Prime Minister of the Twin-Island Federation, Drew, regarding his meeting with President Oramah of the Export and Import Bank of Africa, penned down, “This morning, I met with the President of the African Export-Import Bank (Afreximbank), Professor Benedict Oramah for further discussions on investment opportunities here in St. Kitts and Nevis.”