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CARICOM Development Fund (CDF) Signs US$1 million Contribution Agreement with Government of India

By Team CDF / January 24, 2019 / 0 Comments

His Excellency Mahender Singh Kanyal, High Commissioner of India to Barbados (Designate) signs the Contribution Agreement with Chief Executive Officer of the CDF, Mr. Rodinald Soomer The Government of India and the CARICOM Development Fund (CDF) signed a Contribution Agreement on Saturday January 19th, 2019, in Paramaribo Suriname, which provides for a grant allocation of…

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Regional Energy Consumers to Benefit most from New CARICOM Development Fund (CDF) led Credit Risk Initiative

By Team CDF / August 14, 2018 / 0 Comments

Mr. Wayne Vitalis, Financial Controller, CDF looks on whilst Ms. Paula James of the St. Lucia Manufacturers Association makes a point at the recent validation workshop held in Suriname.   Energy consumers across the Caribbean Community (CARICOM) are expected to be the main beneficiaries of an ongoing initiative that seeks to facilitate ease of access…

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CARICOM Development Fund (CDF) Board meets ahead of workshop to tackle Energy Financing and Investment Challenges

By Team CDF / July 24, 2018 / 0 Comments

L to R: Mr. Arden Warner (CDF Board Secretary), Mr. Rodinald Soomer (CEO), Dr. Sherwyn Williams (Chairman), Mr. Angus W. Vitalis (Financial Controller), Ms. Yvette Alvarez, Ms. Beverly Best, Mr. Bernard Lord and Dr. Richard Brown (CDF Board Directors) and Mr. Alex Joubert (CAMCO Director)   Sustainable financing for the Region’s energy sector will come…

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CARICOM Development Fund Signs MOU with Commonwealth Secretariat

By Team CDF / May 24, 2018 / 0 Comments

L to R. CARICOM Development Fund’s CEO Mr. Rodinald Soomer and Commonwealth Secretary-General Rt. Hon. Patricia Scotland QC. As part of its strategic objective of broadening the scope of its development partnerships, the CARICOM Development Fund (CDF) recently signed a Memorandum of Understanding (MOU) with the Commonwealth Secretariat. The MOU seeks to strengthen collaboration between…

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CARICOM Development Fund (CDF) commences Study on the Development of a Credit Risk Abatement Facility (CRAF)

By Team CDF / April 18, 2018 / 0 Comments

The CARICOM Development Fund (CDF), in collaboration with the Caribbean Community Secretariat (CARICOM) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), have commenced work on the establishment of a Credit Risk Abatement Facility (CRAF) for the benefit of Small and Medium Size Enterprises (SMEs) with an initial focus on the Energy Efficiency/Renewable Energy Sector. A team…

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