Caribbean Development Bank Appoints Daniel Best as its Seventh President

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, reached (Wednesday), underscores the Bank’s commitment to visionary leadership and sustainable development across the Caribbean region.

CDB Approves USD 5 Million Grant to Improve Access to Electricity in Rural Haiti

“This initiative is both critical and timely, given the importance of electricity in improving lives and livelihoods. It is well-positioned to benefit rural populations, support CDB’s mission to provide affordable, clean, sustainable, reliable, and renewable energy to our client countries, and contribute to the broader goal of promoting sustainable development and climate resilience in the Region.”

Message of Condolence from the Caribbean Community (CARICOM) on the passing of Sir Neville Nicholls

The Caribbean Community (CARICOM) is profoundly saddened at the passing of former President of the Caribbean Development Bank (CDB), Sir Neville Nicholls.

Sir Neville served the CDB with distinction in progressively critical roles from 1971 until his retirement in 2001. As President, he led the Bank for three terms with vision, wisdom and a deep understanding of the Region’s socio-economic landscape.

CARICOM Development Fund To Be Restructured

(Barbados Government Information Service) So serious are the issues facing the region that its leaders have decided to restructure the CARICOM Development Fund to enable it to raise additional monies from individuals, companies, institutions, regional countries and extra regional countries.

CDB Pushing TVET Lending

(Jamaica Gleaner) With youth unemployment still a major social concern facing the region, the  Caribbean Development Bank (CDB) has strategically been lending money to countries to set up technical and vocational education and training (TVET) centres in an effort to build workforce capacity.

The average unemployment rate across Latin America and the Caribbean stood at approximately 17.9 per cent in 2018, according to the International Labour Organization.

Remarks at Regional Stakeholders Consultation on the CSME

Warren Smith

Good evening:

Let me start by commending Prime Minister Motley for spearheading this very timely initiative.

Last year, while attending your first Intercessional Heads of Government Meeting as Prime Minister, you declared your Government’s unequivocal commitment to the regional integration cause and Barbados’ readiness to play a full and active part in moving the process forward.