2016 brings $33M in AFD investment in Caribbean infrastructure


Earlier this year, the Caribbean Development Bank (CDB) and Agence Française de Developpement (AFD) signed an agreement under which the latter will provide $33 million of financing in sustainable infrastructure projects in the Caribbean region.

The agreement, announced 23 August, was signed in July at CDB’s Barbados headquarters by the French Ambassador to the Organisation of Eastern Caribbean States and Barbados Eric de la Moussaye.

The facility is expected to be used to augment established infrastructure financing for projects in the renewable energy, water and sanitation and waste management sectors as well as for adaptation of existing infrastructure

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