Posts Tagged ‘Caricom’

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

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 Signs MOU with Commonwealth Secretariat

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)

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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The CARICOM Development Fund Seeks to Promote An ‘Inclusive Community’ As It Addresses Regional Disparities

The CARICOM Development Fund (CDF) held its 6th Annual Meeting of Contributors and Development Partners at the ACCRA Beach Hotel and Spa, Christ Church, Barbados on September 26, 2017 under the theme ‘The Second Cycle … Towards an Inclusive Community’.  This theme provided a fitting orientation to addressing many of the challenges facing the region…

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Head of the CARICOM Development Fund To Move On

THE CARICOM Development Fund (CDF) announced today that after more than six years with the organisation, CEO Ambassador Lorne McDonnough indicated to the Board that for personal reasons he did not wish to renew his contract past the end of the CDF’s First Funding Cycle on June 30, 2015.

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Final Declaration issued by the Meeting of The Ministers of Foreign Affairs of the Republic of Cuba and of the Member States of the Caribbean Community (CARICOM)

THE Barbados-based CARICOM Development Fund (CDF) has approved an additional EC$2,025,000/US$750,000 loan for the new Argyle International Airport (AIA) in St. Vincent and the Grenadines. The funding will be used to purchase equipment to establish a 218 kVa solar energy farm that will reduce electricity costs at the multi-million dollar facility. CDF’s CEO, Ambassador Lorne McDonnough, explained that this pilot renewable…

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