Advertising Business CDB 

MOH Expressions of Interest: Consultancy- Road Sector Development Master Plan

GOVERNMENT OF ANTIGUA AND BARBUDA MINISTRY OF WORKS AND HOUSING SECOND ROAD INFRASTRUCTURE REHABILITATION AND INSTITUTIONAL CAPACITY BUILDING CONSULTANCY – ROAD SECTOR DEVELOPMENT MASTER PLAN REQUEST FOR EXPRESSIONS OF INTEREST The Government of Antigua and Barbuda (GOAB) has applied for financing from the Caribbean Development Bank (CDB) towards the cost of Road Infrastructural Rehabilitation and Institutional Capacity Building and intends to apply a portion of the proceeds of this financing to eligible payments under a contract for which this invitation is issued.  Payments by CDB will be made only at…

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CDB Disaster Management Education Health 

CDB Approves Funding to Improve Disaster Resilience in Health, Education in Antigua & Barbuda

The Caribbean Development Bank (CDB) has announced funding to improve disaster resilience in Antigua and Barbuda’s health and education sectors. The Bank’s Board of Directors has approved a project that will provide and install solar photovoltaic (PV) systems for up to 13 rural schools and clinics, which provide shelter and make rescue and medical care possible in the event of a disaster. “We know that renewable energy technologies such as solar PV systems can be valuable not only to everyday operations in health and education but also to communities during…

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CDB Development Disaster Management 

Caribbean Development Bank Approves USD29m to Rehabilitate Infrastructure Damaged by Hurricane Irma in Antigua & Barbuda

The Board of Directors of the Caribbean Development Bank (CDB) has approved USD29 million (mn) in funding to the Government of Antigua and Barbuda, to assist with recovery efforts after the passage of Hurricane Irma in September. The funds will be used to rehabilitate and reconstruct critical infrastructure in the transportation, education, water and sanitation, and agriculture sectors. Hurricane Irma impacted the twin-island nation on September 6, 2017, making landfall in Barbuda as a category five hurricane. In Barbuda, the hurricane destroyed housing, crops, livestock and fishing vessels, and also…

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CDB Regional News 

CDB approves USD76 million to boost development results in St. Kitts and Nevis

The Caribbean Development Bank (CDB) has announced a programme of assistance of USD76.2 million for St. Kitts and Nevis over the period 2017 to 2021. Today, the Bank’s Board of Directors approved the new strategy, which will support economic and social development, environmental protection and infrastructure enhancement. “This programme will support the Government of St. Kitts and Nevis in maximising its development potential. It is designed to help the country diversify its economy and increase its exports, while addressing challenges related to skills and productivity, competitiveness, social issues, gender and…

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CDB Regional News 

CDB’s urban sector policy to assist with coordinated approach to planning

In the Caribbean, approximately 66 percent of the population reside in urban areas, ranging from 30 percent in Antigua and Barbuda to 84 percent in the Bahamas. The urban sector is a key contributor to economic growth, as cities and towns are hubs for jobs, educational and health facilities and transportation. Recognising the need for a coordinated approach to urban planning, the Caribbean Development Bank (CDB), is developing an Urban Sector Strategy Policy and Operational Guidelines to guide future investment in this sector. As part of the policy development process,…

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CDB Regional News Technology 

CDB sponsorship enables regional entrepreneurs to network with top tech players

The Caribbean could discover its very own Bill Gates or Mark Zuckerberg, when 300 people from the tech industry, including power players like Jack Dorsey, CEO, Twitter, convene in Jamaica from November 30 to December 2, for the second biannual Tech Beach retreat. A USD35,000 grant provided by the Caribbean Development Bank (CDB) will make it possible for 16 young entrepreneurs and innovators from across the region to attend the event, through scholarships. The two-day retreat will focus on teaching participants how to build successful fintech, medtech and consumer tech companies,…

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CDB Environment Regional News 

EU partners with CDB to Support Renewable Energy in the EC Through Geothermal Energy

NEW YORK – On Monday, in New York, the Commissioner in charge of International Cooperation and Development, Neven Mimica and the President of the Caribbean Development Bank, Dr. Wm. Warren Smith, announced the formalisation of an EU grant contribution to the Geothermal Risk Mitigation Programme for the Eastern Caribbean. The Programme will facilitate the development of up to 60MW of geothermal energy capacity in up to five countries – Dominica, Grenada, St. Kitts and Nevis, Saint Lucia, and St. Vincent and the Grenadines. Commissioner Mimica said: “The  Programme will help to increase renewable energies in the Caribbean by…

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CDB Climate Change 

CDB joins global partnership to combat climate change

BONN, Germany –The Caribbean Development Bank (CDB) has joined a coalition of developing and developed countries and international institutions, which have committed to combatting climate change and adapting to its effects. On November 14, on the margins of the United Nations Climate Change Conference (COP23), the Bank was announced as one of the newest members of the NDC Partnership. Admission to the Partnership comes as CDB intensifies its effort to scale up climate action in its borrowing member countries. Speaking at the event, “Champions for Climate Action: The NDC Partnership”, President…

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CDB Regional News 

CDB, CARICOM committed to Regional development through data revolution

With efforts firmly set on reaching targets laid out in the 2030 Agenda for Sustainable Development, the Caribbean Development Bank has pledged its continued support to an area particularly critical to the Region’s growth – statistics. This focus complements the Region’s Action Plan for Statistics (APS), designed to aid in collecting and analysing high-quality, reliable data. It will be one of the methods the Bank uses in the Region. Stakeholders recently reported on progress made in implementing the APS during the Caribbean Community’s (CARICOM) 42nd Meeting of the Standing Committee of Caribbean…

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CDB Disaster Management 

EIB, CDB Commit USD24m to Post-Disaster Reconstruction in the Caribbean

The European Investment Bank (EIB) and the Caribbean Development Bank (CDB) have set up an emergency post-disaster reconstruction financing initiative to help the Region recover from recent hurricane events. The arrangement will support investments for infrastructure reconstruction projects in the Caribbean in the wake of the recent hurricanes. The new USD 24 million financing package is an addition to the USD 120 million Climate Action Framework Loan II signed in May this year, and which remains the EIB’s biggest loan to the Caribbean. Eligible investments under the new loan will include infrastructure…

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