By: Staff Writer November 26, 2024 The Bahamas is the newest country to enter into a “debt for nature swap,” as its Prime Minister, Philip Davis, hails the new “Bahamas…
Category: CARIBBEAN BUSINESS AND FINANCE
ExxonMobil, Partners Aim For 1.3 Million Barrels Per Day In Guyana
November 26, 2024 ExxonMobil Guyana and its Stabroek block partners, Hess and CNOOC, have announced plans to expand production capacity to over 1.3 million barrels of oil per day by…
IMF Staff Conclude Article IV Discussions and Reach Staff-Level Agreement with Suriname on the Eighth Review of the Extended Arrangement Under the Extended Fund Facility
November 26, 2024 An International Monetary Fund (IMF) team led by Ms. Anastasia Guscina conducted discussions with the Surinamese authorities during October 29-November 12 on the 2024 Article IV and…
The Bahamas: Staff Concluding Statement of the 2024 Article IV Mission
November 22, 2024 The Bahamian economy has staged a remarkable recovery following Hurricane Dorian in 2019 and the Covid-19 pandemic. Activity and employment have recovered to their pre-pandemic levels and…
Nigeria to invest $1.8 BN in Grenada oil hopes!
By: Staff Writer November 5, 2024 Nigerian oil firm Oceangate Oil and Gas Engineering chief executive officer Aisha Achimugu said Global Petroleum Group (GPG) to develop oil and gas resources…
Wizkid, World Creole Music Festival & Bleu Magic, What a combination!
November 1, 2024 Following a pulsating weekend of international rhythms and global stars to include Afrobeats megastar Wizkid, Dominica’s World Creole music Festival (WCMF) lived up to its billing with…
Businesses in St. Kitts and Nevis to Gain Essential Tools at Caribbean Export’s Green Business Strategies Training
November 1, 2024 Businesses across Saint Kitts and Nevis are set to gain valuable insights at the ‘Enhancing MSME Competitiveness with Green Business Practices’ capacity building training, scheduled for November…
Suriname: Seventh Review Under the Extended Arrangement Under the Extended Fund Facility
November 1, 2024 Seventh Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Modification of Performance Criteria, Waivers of Nonobservance of Performance Criteria, and Financing Assurances Review-Press…
CIBC making way for sustainable finance and environmental trading
By: Staff Writer October 25, 2024 CIBC Caribbean, said in a release that the Caribbean Infrastructure Forum (CARIF) provided event goers with an opportunity to “engage in workshops on Sustainable…
Scale up adaptation to climate challenges for Caribbean Agriculture
By: Staff Writer October 8, 2024 Senior Agriculture professions highlight the need for climate awareness for a sustainable agriculture future at the Caribbean Week of Agriculture being held in St…