September 10, 2024 The Caribbean Development Bank (CDB, the Bank) in partnership with the Organisation of Eastern Caribbean States Commission (OECS) and the World Bank hosted a two-day event for…
Category: BUSINESS AND FINANCE
Caribshopper and the Caribbean Development Bank: Connecting Caribbean Entrepreneurs to Global Markets
September 6, 2024 Caribshopper, is a Caribbean Development Bank (CDB, the Bank) supported e-commerce platform connecting Caribbean products to consumers in the diaspora. With over 90 million Caribbean migrants longing for a taste…
CDB Catalyses Change in Belize: The Fahina Project Elevates Mayan Heritage Through Economic Empowerment and Tradition
September 6, 2024 Sustainable development is a cornerstone of Caribbean advancement, cementing economic stability and safeguarding cultural preservation. The Caribbean Development Bank (CDB, the Bank) is a key player in this arena,…
Trinidad and Venezuela shared gas fields set for exploration
By: Staff Writer September 3, 2024 Seismic work at offshore gas fields shared by Venezuela and Trinidad and Tobago is expected to start in the coming days, the Caribbean country’s…
World Bank delegation visits Haiti to renew commitment to development
September 3, 2024 The World Bank’s International Development Association (IDA) Resource Mobilization Director, Dirk Reinermann, completed a three-day visit to Haiti on Friday, August 30. During the visit, the priorities…
Jamaica: Third Reviews Under the Arrangement Under the Precautionary and Liquidity Line and the Arrangement Under the Resilience and Sustainability Facility-Press Release and Staff Report
September 3, 2024 Supported by strong policy frameworks, Jamaica has managed to respond to recent global shocks prudently. Policies have supported the economy while still reducing public debt and inflation.…
IMF Executive Board Completes the Third Reviews under the Precautionary and Liquidity Line and the Arrangement Under the Resilience and Sustainability Facility with Jamaica
September 3, 2024 The Executive Board of the International Monetary Fund (IMF) completed the third reviews of the Precautionary and Liquidity Line (PLL) and the Resilience and Sustainability Facility (RSF)…
$600M HOA signed for Grand Bahama Shipyard transformation.
By: Staff Writer August 30, 2024 The Government of The Bahamas yesterday signed a Heads of Agreement (HOA) with the Grand Bahama Shipyard Limited to authorize the investment of $600…
Spicing Up Success: The Inspirational Journey of Christine Sinyangwe
August 27, 2024 Caribbean food is loved around the world for its taste, fresh ingredients, and special blends of seasoning. Turmeric, ginger, cumin, thyme, nutmeg, cinnamon, and red pepper are…
CDB Approves USD 5 Million Grant to Improve Access to Electricity in Rural Haiti
August 27, 2024 The Caribbean Development Bank (CDB/the Bank) has approved a USD 5 million grant to fund a transformative initiative aimed at improving access to electricity for several rural…
CDB Supporting Comprehensive Climate Resilience Planning and Infrastructure for Kingston Harbour
August 27, 2024 More than 600,000 persons in Kingston, St. Andrew and Port Royal, Jamaica, are set to benefit from a major initiative aimed at enhancing climate resilience and infrastructure…
Panama Canal authorizes 50 ft draft size due to lake Gatun rise
By: Staff Writer August 23, 2024 The Panama Canal Authority announced authorized draft starting immediately will be 50 feet as Gatun lake is projected to rise. An additional transit slot…