Posts Tagged ‘CDF’

MEMORANDUM OF UNDERSTANDING SIGNED BETWEEN BELTRAIDE AND DFC

September 16, 2021, Belize City.  The Belize Trade and Investment Development Service (BELTRAIDE) signed a Memorandum of Understanding (MOU) with the Development Financial Corporation (DFC) to collaborate on implementing the “BELIZE ENTERPRISE REVOLVING FUND” (BERF) Project, financed by the CARICOM Development Fund (CDF). This project aims to diversify the national economy of Belize by strengthening and…

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USAID AND CARICOM DEVELOPMENT FUND SIGN A MEMORANDUM OF UNDERSTANDING TO STRENGTHEN COOPERATION

Regional Representative, USAID/ESC, Mr. Clinton White (left) and CEO, CDF, Mr. Rodinald Soomer show signed copies of the MOU which provides a broad framework for cooperation between the two entities Bridgetown, Barbados, June 21, 2021—The United States Agency for International Development/Eastern and Southern Caribbean Mission (USAID/ESC) and the CARICOM Development Fund (CDF) signed a Memorandum…

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

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…

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Financial Institutions across CARICOM Member States Sensitized on Renewable Energy and Energy Efficiency Project Support Mechanisms

Financial institutions across the Caribbean Community this week had the opportunity to learn more about project support systems and tools within the renewable energy and energy efficiency space. Although renewable energy and energy efficiency technologies have seen notable decreases in cost, leading to significantly lower capital needed to invest in new systems, financing renewable energy…

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CDF Provides Grant Funding for Village Tourism in Saint Lucia

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…

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CDF and CARDI sign Memorandum of Understanding to foster greater collaboration in the field of Agriculture

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

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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CDF funding for Antigua & Barbuda’s Green Energy Projects

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.…

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CDF Co-finances Barbuda’s Transition to Green Energy

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…

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