CDB and CTO Partner to Strengthen Tourism Workforce Development in the Caribbean

CDB and CTO Partner to Strengthen Tourism Workforce Development in the Caribbean

By Caribbean Business Report  The Caribbean Development Bank and the Caribbean Tourism Organization are collaborating on a new initiative to modernize tourism education and workforce development across the Caribbean – strengthening the region’s competitiveness in an industry vital to its economic stability. The Tourism Human Capital Development Project, funded through CDB’s Caribbean Technological Consultancy Services […]

CDB and Belize’s Ninth Consolidated Line of Credit to Bolster Economic Growth

CDB and Belize’s Ninth Consolidated Line of Credit to Bolster Economic Growth

By Caribbean Business Report  The Caribbean Development Bank, in partnership with the Development Finance Corporation (DFC) and the Government of Belize, launched the Ninth Consolidated Line of Credit, amounting to USD 20 million. This initiative aims to provide affordable financing to key sectors, including Micro, Small, and Medium-sized Enterprises (MSMEs), agriculture and industrial credit, education, […]

Preparations Begin for Brazil Hosting of CDB’s 55th Annual Meeting

Preparations Begin for Brazil Hosting of CDB’s 55th Annual Meeting

CDB’s 55th Annual Meeting to Drive Action for a Stronger, Greener, More Inclusive Caribbean The 55th Annual Meeting of the Board of Governors (BOG) of the Caribbean Development Bank (CDB), to be held in Brasília, Brazil, from June 9 – 12, 2025, will mark a renewed drive for building resilient institutions, improving collaboration between countries, […]

CDB: More Investments Need to Improve Competitiveness in Trade

CDB: More Investments Need to Improve Competitiveness in Trade

By Caribbean Business Report | Photo credit: Ms. Barbara D’Adrea Adrian, Chief of the International Trade Statistics Section Regional governments should increase investment in trade enabling initiatives which strengthen both competitiveness and efficiency, says Ian Durant, the Caribbean Development Bank’s (CDB, the Bank) Director of Economics. Speaking at the joint Regional Workshop on Measuring Digital […]

CDB Approves USD 7 Million Grant for Agricultural Initiative in Haiti’s Northwest

CDB Approves USD 7 Million Grant for Agricultural Initiative in Haiti’s Northwest

By Caribbean Business Report  The Caribbean Development Bank (CDB) has approved a USD 7 million grant to launch a transformative agricultural project in Haiti’s Northwest Department (NWD). Building on the successes of the Community-Based Agriculture and Rural Development Project (CBARDP), this new initiative aims to tackle ongoing challenges such as poverty, food insecurity, and increased […]

CDB AI conference on AI and Anti-Corruption

CDB AI conference on AI and Anti-Corruption

Photo credit: Caribbean Business Report  The Caribbean Development Bank (CDB), through its Office of Integrity, Compliance, and Accountability (ICA), is today hosting a free virtual “Expert Forum on Anti-Corruption in the Age of AI” in observance of International Anti-Corruption Day. The forum is bringing together global experts to discuss the opportunities and risks artificial intelligence […]

Caribbean Development Bank Appoints Daniel Best as its Seventh President

Caribbean Development Bank Appoints Daniel Best as its Seventh President

Photo credit: Caribbean Business Report  The Board of Governors of the Caribbean Development Bank (CDB) announces the election of Mr. Daniel Best, a native of Barbados, as the seventh President of the institution. This decision underscores the Bank’s commitment to visionary leadership and sustainable development across the Caribbean region. Mr. Best brings a wealth of […]