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

By Team CDF / September 12, 2019 /

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 /

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 /

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 /

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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Guyana’s Agriculture Minister lauds CDF Funding to the RAID project at the G$335M Pump Station Commissioned at Herstelling, East Bank Demerara

By Team CDF / March 1, 2019 /

Agriculture Minister Noel Holder and Mr. Rodinald Soomer CEO, CDF turn the keys to power up the newly commissioned pump To further increase Guyana’s resilience to floods and droughts, the Pump Station commissioned today, covers 1,821 hectares (4,500 acres) and will benefit both residential and agricultural lands from Providence to Little Diamond. In addition, 7,526…

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