Posts by Team CDF

REQUEST FOR EXPRESSION OF INTEREST (REOI)

CONSULTANCY TO CONDUCT AN INDEPENDENT EVALUATION OF THE SECOND CARICOM DEVELOPMENT FUND CONTRIBUTION CYCLE Closing Date: Monday, November 1st, 2021 This project is geared towards providing the Board of Directors of the CARICOM Development Fund (CDF) with independent evidence on the performance of CDF financed projects. The purpose of this consultancy is to conduct an…

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MEMORANDUM OF UNDERSTANDING SIGNED BETWEEN BELTRAIDE AND DFC

September 16, 2021, Belize City.  The Belize Trade and Investment Development Service (BELTRAIDE) signed a Memorandum of Understanding (MOU) with the Development Financial Corporation (DFC) to collaborate on implementing the “BELIZE ENTERPRISE REVOLVING FUND” (BERF) Project, financed by the CARICOM Development Fund (CDF). This project aims to diversify the national economy of Belize by strengthening and…

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CARICOM Development Fund (CDF) and Caribbean Community Climate Change Centre (CCCCC) sign Memorandum of Understanding

July 13, 2021, Barbados – The CDF and the CCCCC have signed a Memorandum of Understanding (MOU) that will allow both agencies to collaborate in and facilitate the implementation of activities geared towards reducing disparities between Member States participating in the CARICOM Single Market and Economy (CSME) generally and in particular to jointly support the…

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USAID AND CARICOM DEVELOPMENT FUND SIGN A MEMORANDUM OF UNDERSTANDING TO STRENGTHEN COOPERATION

Regional Representative, USAID/ESC, Mr. Clinton White (left) and CEO, CDF, Mr. Rodinald Soomer show signed copies of the MOU which provides a broad framework for cooperation between the two entities Bridgetown, Barbados, June 21, 2021—The United States Agency for International Development/Eastern and Southern Caribbean Mission (USAID/ESC) and the CARICOM Development Fund (CDF) signed a Memorandum…

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CARICOM Development Fund (CDF) provides Loan and Grant Financing for expansion of the Hotel Sector in St. Vincent and the Grenadines

Mr. Rodinald Soomer, the Chief Executive Officer, CARICOM Development Fund (CDF) signing the Loan and Grant Agreements for St. Vincent and the Grenadines The Government of Saint Vincent and the Grenadines (GOSVG)  and the CARICOM Development Fund (CDF) completed the signing of loan and grant agreements totaling US$5.7 million (EC$15.38 million) on December 7, 2020…

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Financial Institutions across CARICOM Member States Sensitized on Renewable Energy and Energy Efficiency Project Support Mechanisms

Financial institutions across the Caribbean Community this week had the opportunity to learn more about project support systems and tools within the renewable energy and energy efficiency space. Although renewable energy and energy efficiency technologies have seen notable decreases in cost, leading to significantly lower capital needed to invest in new systems, financing renewable energy…

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CARICOM Development Fund signs pact with IICA to jointly support Agriculture Development in the Caribbean

Mr. Rodinald Soomer, Chief Executive Officer of the CARICOM Development Fund (CDF) The CARICOM Development Fund (CDF) and the Inter-American Institute for Cooperation on Agriculture (IICA), signed a General Agreement for Technical Cooperation, which will establish a broad framework for collaboration on initiatives geared towards the advancement of agriculture development in the Caribbean region. While…

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CDF and IRENA Collaborate to Boost Low-Carbon Investments in the Caribbean

Cooperation will support renewable energy and energy efficiency drive as Caribbean looks to transition away from fossil fuel dependency The International Renewable Energy Agency (IRENA) has signed a Memorandum of Understanding with the CARICOM Development Fund (CDF) to support a transition from fossil-fuel dependency to a more resilient and sustainable low carbon economic development model…

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CARICOM DEVELOPMENT FUND Approves US$2.27 Million in Emergency Grant Support for Unemployment Relief in BELIZE

The Board of Directors of the CARICOM Development Fund (CDF) at its 6th Extraordinary Meeting held on 18th May 2020, considered and agreed to a request to reallocate to the COVID-19 Unemployment Relief Programme (URP) of Belize, an amount of US$2,272,990 (BZE$ 4,545,980). The disbursement of these funds, projected to commence by early October 2020,…

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CDF Provides Grant Funding for Village Tourism in Saint Lucia

Honourable Allen Chastanet, Prime Minister of Saint Lucia and Mr. Rodinald Soomer CEO, CARIOM Development Fund signing the Grant Agreement On Thursday September 3rd, 2020, the CEO of the CARICOM Development Fund, Mr. Rodinald Soomer signed a Grant Agreement with Prime Minister of Saint Lucia, Honourable Allen Chastanet, to provide a sum of US$935,663 or…

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