CARIF 2024 Market News

IDB Invest and DFC launch new co-financing framework for Latin America and the Caribbean

May 3, 2024

IDB Invest and the United States International Development Finance Corporation (DFC) have launched a new co-financing framework to bolster collaboration on high-impact development projects across Latin America and the Caribbean. As an extension of the Americas Partnership Platform, announced by US President Joe Biden, the framework streamlines the process for providing up to US$50 million […]

IDB Invest and JPS sign US$100 million deal to upgrade Jamaica’s power infrastructure

February 15, 2024

IDB Invest and Jamaica Public Service Company Limited (JPS) have signed a US$100 million financing deal aimed at bolstering JPS’ capital investment program. This funding will aid in modernizing Jamaica’s electricity grid and enhancing electricity access across the country. CIBC Caribbean joined as a co-arranger, mobilizing an additional US$50 million for the initiative. Source: IDB […]