Haiti Market News

The latest Haiti earthquake was more powerful than the devastating quake in 2010

August 17, 2021

The earthquake that struck Haiti on Saturday morning occurred on the same system of faults as the one that devastated the capital, Port-au-Prince, in January 2010. And the previous quake almost certainly made this one more likely to occur. Both quakes struck on an east-west fault line at the convergence of two tectonic plates, large segments of the […]

Assassination of Haitian Leader Highlights Nation’s Monopoly-Dominated Economy

July 21, 2021

The killing of President Jovenal Moïse took place against a backdrop of elite power, anticompetitive policies, and the U.S. doing little to create open markets. The power vacuum and dangerous instability in the Francophone nation result from many factors, but the American media ignore big ones, including state capture by elites, a grim monopolism that […]

World Bank Provides Funds for Sustainable Renewable Energy in Haiti

November 4, 2020

The World Bank said it’s upping its financing of the Haiti Renewable Energy for All Project to scale up investments in order to expand and improve access to electricity for health infrastructure, households, businesses and community services.   Source

Haiti Suspends Payments to State-Run Energy Company

February 12, 2020

Haitian Finance Minister Joseph Jouthe confirmed that the government has suspended US$7 million in monthly subsidies to Électricité d’Haïti (EDH). According to Jouthe, the state-run energy company should be able to secure loans. EDH is currently owed $230 million dollars, 60% of that from residential customers. Source

Haiti in discussions with Canada to build micro-hydro

October 25, 2017

Haiti is in discussions with a Canadian utility to build micro-hydroelectric plants across its energy starved communities. In the margins of the Caribbean Renewable Energy Forum (CREF 2017), the energy technology advisor to Haiti’s President Moïse, Evenson Calixte, met with a representative of Hydro Québec International to explore the possibility of obtaining technical assistance for the […]

Haiti’s Clean Energy Transition: The Time Has Come

April 27, 2017

Recovering from successive natural disasters, Haiti vowed to rebuild a greener, stronger, more resilient and sustainable energy sector. This implies a drastic transition of the country’s energy mix, currently relying on oil products for grid connected and autonomous power generation. The ultimate outcome will be increased access to clean, modern and reliable energy services for […]