Caricom Development Fund Archives - CARICOM Development Fund

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…

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…

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…

CDF funding for Antigua & Barbuda’s Green Energy Projects

By Team CDF | February 8, 2019

Prime Minister Gaston Browne exchanges official documents with Mr. Rodinald Soomer, CEO of the CARICOM Development Fund following the Signing Ceremony The government has received more money for a project aimed at moving Barbuda away from fossil fuels to a mix of renewable technologies, primary solar and wind power, backed up by modern battery storage.…

CDF Co-finances Barbuda’s Transition to Green Energy

By Team CDF | February 8, 2019

L to R: Prime Minister Hon. Gaston Browne and Mr. Rodinald Soomer, CEO of the CDF signing the Grant Agreement. The CARICOM Development Fund (CDF) on February 5th, 2019 signed a US$1Million Grant Agreement with the Government of Antigua and Barbuda to finance the Solar Power component of a project primarily financed by the United…

CDF-Supported Rural Agricultural Infrastructure Development (RAID) Project taking root in Ithaca

By Team CDF | February 6, 2019

Minister Noel Holder, Minister of Agriculture distributing planting material to farmers at the Buxton location Guyana’s Agriculture Minister, Noel Holder at the end of January 2019 led a team which included Finance Minister, Winston Jordan to Buxton Village where massive works are being carried out under the Rural Agricultural Infrastructure Development (RAID) programme. The purpose…

Ithaca farmers benefit from CARICOM Development Fund Project

By Team CDF | February 6, 2019

Agriculture Minister Noel Holder hands over planting materials to Chairman of the Ithaca Co-op, Desmond Weekes. THE Rural Agricultural Infrastructure Development programme (RAID) aback of Ithaca, West Bank Berbice in Region 5 (Mahaica/Berbice) was off to a running start on Wednesday with the presentation of planting materials to farmers. A visit to the location was made by…

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

By Team CDF | January 24, 2019

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…

CDF Knowledge Day – 10th Anniversary Activity

By Team CDF | January 10, 2019

The CARICOM Development Fund (CDF) celebrated its 10th Anniversary during the week 4th to 10th November 2018. As part of the celebration activities, the CDF hosted an Open Day aimed at imparting knowledge of the organisation over the years, within the context of the CARICOM Single Market and Economy (CSME). As such, 5th and…

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

By Team CDF | August 14, 2018

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…