CDB wants partnerships to scale investments across Africa and the Caribbean

Published on December 1, 2025

Caribbean Development Bank President Daniel M. Best delivered a powerful keynote at the African Investment Forum (AIF) Market Days in Rabat, Morocco, urging governments, Development Finance Institutions (DFIs), and private investors to mobilise capital at scale through Public-Private Partnerships (PPPs), blended finance, and strategic alliances.

Speaking under the theme “Bridging the Gap: Mobilizing Private Capital to Unlock Africa’s Full Potential,” Best highlighted the shared challenges and opportunities facing Africa and the Caribbean.

These he indicated include narrow fiscal space, climate vulnerability, and persistent infrastructure gaps - and called for bold, imaginative collaboration to transform these constraints into investable opportunities.

Best underscored the catalytic role of DFIs in shaping investment ecosystems, citing examples such as Dominica’s geothermal energy project and regional risk-pooling mechanisms like the Caribbean Catastrophe Risk Insurance Facility.

He emphasised that blended finance and PPPs are essential tools for crowding in private capital and accelerating sectors critical for longterm competitiveness.