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UAE partners with CDF and other stakeholders to build resilient green power system for hurricane-ravaged Barbuda

By Team CDF / September 25, 2019 / 0 Comments

The UAE-Caribbean Renewable Energy Fund is the largest renewable energy initiative of its kind in the Caribbean region and is a partnership between the UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC), Abu Dhabi Fund for Development (ADFD), and Abu Dhabi Future Energy Company (Masdar) Abu Dhabi, United Arab Emirates; September 19, 2019: The…

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CDF gears up to implement pilot project launch of CRAF in 2020

By Team CDF / September 12, 2019 / 0 Comments

Bridgetown, Barbados, 12th September 2019: The details of a major new financing facility that will make it easier for businesses to access credit to implement renewable energy solutions, are currently being designed in preparation for implementation in the Caribbean region. The Credit Risk Abatement Facility (CRAF) is being developed by the CARICOM Development Fund (CDF),…

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CARICOM Development Fund (CDF) provides US$3.3M in concessional support to the Government of Belize

By Team CDF / September 6, 2019 / 0 Comments

The Hon. Dean Barrow, Prime Minister of Belize and Mr. Rodinald Soomer, Chief Executive Officer of the CARICOM Development Fund The CARICOM Development Fund (CDF), the Government of Belize (GOB) and the Development Finance Corporation (DFC) this week executed a Loan Agreement to seal the approval of a US$3.0 million (BZE$6.0 million) Credit Line and…

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CDF and CARDI sign Memorandum of Understanding to foster greater collaboration in the field of Agriculture

By Team CDF / April 24, 2019 / 0 Comments

CDF’s Soomer and CARDI’s Clarke exchange signed copies of the MOU April 18, 2019, Barbados – The CARICOM Development Fund (CDF) and the Caribbean Agricultural Research and Development Institute (CARDI) 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…

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CARICOM Development Fund (CDF) Supports SME Development in St. Kitts and Nevis

By Team CDF / March 1, 2019 / 0 Comments

Following the recently concluded 30th Intersessional Meeting of Heads of Government of CARICOM hosted by St. Kitts and Nevis, Mr. Rodinald Soomer, CEO of the CARICOM Development Fund, signed a loan agreement with Dr. the Hon. Timothy Harris, Prime Minister of St. Kitts and Nevis, to provide US$3 Million in concessional resources to the Development…

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