Caricom Development Fund Archives - CARICOM Development Fund

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

By Team CDF | December 11, 2020

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…

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

By Team CDF | October 7, 2020

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…

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

By Team CDF | October 1, 2020

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…

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

By Team CDF | September 30, 2020

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,…

CDF Provides Grant Funding for Village Tourism in Saint Lucia

By Team CDF | September 8, 2020

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…

CARICOM Development Fund (CDF) provides US$1.39 million in concessional support to the Government of Antigua and Barbuda

By Team CDF | February 19, 2020

From l to r: Honourable Chet Greene, Minister of Foreign Affairs, International Trade & Immigration looks on as Chief Executive Officer, CARICOM Development Fund, Mr. Rodinald Soomer and Prime Minister of Antigua and Barbuda the Honourable Gaston Browne sign the financing Agreement. Bridgetown, Barbados, February 18th, 2020 – The Chief Executive Officer of the CARICOM…

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.…