January 24, 2025 The archipelago is taking bold steps to transform its electricity sector and build resilience to climate change Modernizing electricity grids and increasing the shares of solar energy…
Category: BUSINESS AND FINANCE
CDB Providing Funding to Support Saint Kitts and Nevis’ Development Strategy
January 24, 2025 The Caribbean Development Bank (CDB, the Bank) has approved a grant of USD132,000 to the Government of Saint Kitts and Nevis (GOSKN) for the formulation of a Medium-term Development…
IMF says LAC growth rebounded in 2024 and to be steady in 2025
By: Staff Writer January 21, 2025 The International Monetary Fund (IMF) in their World Economic Outlook said that growth in Latin America and the Caribbean (LAC) declined in 2023 but…
CDB Approves USD 7 Million Grant for Agricultural Initiative in Haiti’s Northwest
January 21, 2025 The Caribbean Development Bank (CDB) has approved a USD 7 million grant to launch a transformative agricultural project in Haiti’s Northwest Department (NWD). Building on the successes…
IDB focuses on innovation in quarterly bulletin
By: Staff Writer January 14, 2025 The Inter-American Development Bank (IDB), in its latest Caribbean Quarterly Bulletin, focuses on innovation for the Caribbean region. The IDB in partnership with Compete…
CDB Inks Agreement for New EU Financed Project to Strengthen Haiti’s Economic Prospects
January 14, 2025 Over USD 300,000 has been allocated by the Caribbean Development Bank (CDB, the Bank) as a grant through the EPA and CSME Standby Facility, for a two-year…
ECLAC: Limited Employment growth in LAC
By: Staff Writer January 10, 2025 The Economic Commission for Latin America and the Caribbean (ECLAC) in their “Preliminary Overview of the Economies of Latin America and the Caribbean,” report…
CDB Approves USD909,000 Grant to UWI to Strengthen Water Resource Management and Build Climate Resilience in Jamaica
January 10, 2025 The Caribbean Development Bank (CDB/the Bank) has approved a grant of USD909,000 to The University of the West Indies (UWI) to support critical efforts in strengthening water…
Baptist Health International and Cayman Islands Health Services Authority Join Forces to Transform Healthcare in the Caribbean
January 10, 2025 Baptist Health International (BHI), part of Baptist Health South Florida, and the Cayman Islands Health Services Authority (CIHSA), a Joint Commission International (JCI) accredited provider operating as…
OECD/IDB: Potential GDP per capita growth for Caribbean only 1.4%
By: Staff Writer January 7, 2025 A joint report by the e Inter-American Development Bank (IDB) and the Development Centre of the Organisation for Economic Co-operation and Development (OECD) said…
CDB’s Financial Strength Confirmed by Callable Capital Review
January 7, 2025 The Board of Directors of the Caribbean Development Bank (CDB, the Bank) has reviewed and approved a Callable Capital Report, aligning with peer AAA rated Multilateral Development…
Panama Canal to make changes due to future drought fears
By: Staff Writer December 6, 2024 The Panama Canal drought of 2024 is possibly one of the worst catastrophes to have hit the Central American country in decades, and us…