One hundred and fifty young people from five Haitian cities will receive entrepreneurship training, mentorship and access to grants for business start-up purposes, under a new project, Youth Entrepreneurship Education and Training in Haiti. The technical assistance project was launched on December 6 by the Caribbean Development Bank (CDB) in collaboration with the Société Financière […]
One of the Caribbean’s longest-running poverty reduction programmes, the Caribbean Development Bank’s (CDB) Basic Needs Trust Fund (BNTF) launched its tenth cycle this week, with over US$47 million committed to supporting projects in nine countries across the Region. Already, 123 sub-projects are in the pipeline for this cycle of the BNTF which will run until […]
President of the Caribbean Development Bank (CDB), Dr Gene Leon, is urging regional governments to institute strong accountability and compliance mechanisms to ensure that corruption does not limit access to climate finance from multilateral and private sources in light of the Caribbean’s extreme vulnerability to the effects of climate change. “As is the case with most […]
Secretary General of the Caribbean Community (CARICOM) Dr Carla Barnett on Thursday evening paid her first official visit to the Caribbean Development Bank (CDB) since her appointment last August. The visit to the Bank’s headquarters was a return to familiar ground for the Secretary General, who previously served as Country Economist at CDB between 1989 to 1990 and […]
Nearly USD 1 million in technical assistance grants awarded to businesses 61 MSMEs in 14 Caribbean countries received grant funding Businesses headed by women and the youth accounted for 42% of grantees Grants totalling nearly USD 1 million have been awarded to 61 small businesses in CARIFORUM member states to provide a bridge post-pandemic and increase exports in domestic and international markets. The […]
September 29, 2021, BRIDGETOWN, Barbados – The President of the Caribbean Development Bank (CDB), Dr Gene Leon, urged the region to take bold and innovative steps to surmount the significant development challenges that have been amplified by the ongoing COVID-19 pandemic and to shift to a new development trajectory. “Our development challenge is not merely […]
The Caribbean Development Bank (CDB) has approved loans of US$25 million to Antigua and Barbuda and US$7.5 million to Anguilla to counter COVID-19 fallout and support economic recovery. “The two loans will buttress socially responsible policies, particularly for the benefit of vulnerable people in Anguilla and Antigua and Barbuda, while backing the reform process in […]
September 16, 2021, BRIDGETOWN, Barbados – The Caribbean Development Bank (CDB) has today launched a series of training workshops to enhance the resource mobilisation skills of public officials responsible for accounting and reporting. The training covers financial development topics and targets municipal officers and policy makers from 50 municipalities in the Bahamas, Belize, Dominica, Guyana, […]
August 26, 2021, CASTRIES, Saint Lucia – The Caribbean Development Bank (CDB) has promised closer collaboration with the Government of Saint Lucia to facilitate economic recovery and build resilience as the country navigates the COVID-19 pandemic and other development challenges. The commitment comes following the first official meeting between CDB President Dr Gene Leon and […]
