October 23, 2021

Caribbean Export and the Caribbean Development Bank partner to provide greater access to finance for women-owned businesses

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Bridgetown, BARBADOS, February 20, 2018. Accessing finance to fund business ventures has long been an issue across the Caribbean, especially for women. Now that the Caribbean Export Development Agency and the Caribbean Development Bank (CDB) have joined forces to tackle this challenge, sourcing funds could become easier for women-owned businesses in the Region. The two […]

CDB approves funding to support climate-smart agriculture in Grenada

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From Caribbean News Now BRIDGETOWN, Barbados — The Caribbean Development Bank has approved a US$5 million loan to support climate-smart agriculture and enterprise business development in Grenada. The project will assist the government of Grenada in its efforts to increase productivity and the contribution of the agricultural sector to economic growth, rural poverty reduction and […]

CDB approves funding to modernise procurement systems in the OECS

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From CDB In the Caribbean, procurement challenges are a key contributing factor to late project start-up, slow disbursements and extended project implementation, which result in delayed project outcomes. The Board of Directors of the Caribbean Development Bank (CDB) has approved a USD700,000 grant to assist with the establishment of modern procurement systems in the Organisation […]

CDB finances street lighting project in St Kitts-Nevis

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BRIDGETOWN, Barbados — The board of directors of the Caribbean Development Bank (CDB) has approved a US$5.79 million street lighting retrofitting project for St Kitts and Nevis. The intervention is expected to decrease greenhouse gas emissions from street lighting by 53 percent per year, and reduce the government of St Kitts and Nevis’ street and […]

CDB approves US$65 million for electricity systems upgrade in Suriname

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BRIDGETOWN, Barbados — The Board of Directors of the Caribbean Development Bank (CDB) has approved a loan of US$65 million to the government of Suriname. The financing will upgrade and expand sections of the country’s transmission, sub-transmission and distribution networks, which will enable NV Energie Bedrijven Suriname (EBS), to deliver a more reliable, efficient and […]