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CARIF Market News

  • USAID launches five-year program to protect marine biodiversity in 13 Caribbean nations

    October 10, 2024

    USAID launched a five-year program aimed at reducing threats to marine biodiversity in 13 Caribbean countries. The project, known as the USAID Caribbean Sustainable Ecosystems Activity, is based in Santo Domingo and focuses on managing marine protected areas, improving solid waste management, and enhancing the sustainability of fisheries. The initiative works with local communities and […]

  • Dominica launches US$49.2m Loubiere to Bagatelle Road Rehabilitation Project to boost safety and climate resilience

    September 26, 2024

    Dominica has launched the Loubiere to Bagatelle Road Rehabilitation Project. The project, estimated at US$49.2 million, is co-financed by the Caribbean Development Bank (CDB) and the UK Government through the UK Caribbean Infrastructure Partnership Fund (UKCIF). The initiative aims to enhance road safety and climate resilience, benefiting over 6,000 residents by reducing travel times, improving […]

  • Sandals Foundation invests US$110,000 in Caribbean education

    September 26, 2024

    The Sandals Foundation has announced an investment of around US$110,000 in Caribbean education. This funding aims to improve educational opportunities through scholarships, infrastructure enhancements, teacher training, and essential school supplies. Source: Caribbean Loop News

  • CAF and UNOPS sign MOU to enhance sustainable development collaboration in Latin America and the Caribbean

    September 26, 2024

    CAF and the United Nations Office for Project Services (UNOPS) have signed a Memorandum of Understanding (MOU) to collaborate on sustainable development in the region. The agreement focuses on areas such as technical assistance for infrastructure projects, feasibility studies, joint training in project management, resource mobilization, and capacity building initiatives. Source: CAF

  • Digicel commits to restoring and enhancing internet connectivity in Carriacou and Petite Martinique ffter Hurricane Beryl

    August 29, 2024

    After Hurricane Beryl severely impacted Carriacou and Petite Martinique, Digicel has committed to restoring and improving internet connectivity in the region. Digicel has worked to ensure businesses and individuals have internet access and is now focused on enhancing fixed-line services to support Grenada’s recovery. Source: Caribbean Loop News

  • Kingston Harbour Walk Project to enhance climate resilience in Jamaica with US$1.4 million grant from CDB

    August 29, 2024

    Over 600,000 people in Kingston, St. Andrew, and Port Royal, Jamaica, will benefit from the Kingston Harbour Walk (KHW) Project, aimed at enhancing climate resilience and infrastructure along Kingston Harbour. The project, supported by a US$1.4 million grant from the Caribbean Development Bank (CDB) focuses on protecting the seventh-largest natural harbor in the world, which […]

  • Puerto Rico to use US$30 million federal loan for 15 water projects

    August 29, 2024

    Puerto Rico is set to undertake 15 water projects funded by a nearly US$30 million federal loan. The funding will support significant repairs, improvements, and new construction, likely addressing damage from Storm Ernesto. Source: BNAmericas

  • The Bahamas launches consultation on 5G roadmap

    August 29, 2024

    The Bahamas has initiated a consultation process on a draft roadmap for 5G deployment, seeking input from market players to address potential regulatory and policy issues. Source: BNAmericas  

  • St. Kitts and Nevis advances digital government plan with consultation on digital identity authentication system

    August 15, 2024

    St. Kitts and Nevis is advancing its digital government plan with a recent consultation meeting focused on developing a comprehensive digital identity authentication system. Held at the National IT Centre in Basseterre, the meeting brought together stakeholders to discuss building a robust digital public infrastructure. Source: BioMetric Update

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