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News

Melissa, an “Extremely Powerful Major Hurricane,” Expected Toward Western Jamaica

storm path

The slow-moving but “extremely powerful major hurricane” Hurricane Melissa was projected to move toward Western Jamaica by Tuesday, according to the National Hurricane Center.  The projected path of the storm would take it across southeastern Cuba on Tuesday night, and then across the southeastern or central Bahamas on Wednesday.  The storm began a northeasterly path […]

funding

Dominican Republic to Receive $2.8M in EU Funding for Disaster Prevention

Above Dominican and EU officials (Photo: DICOM) By the Caribbean Journal staff The Dominican Republic is receiving $2.85 million USD in grant funding from the European Union to improve disaster prevention in the country. The agreement on the funding was signed Thursday by Dominican Republic Minister of the Presidency Gustavo Montalvo and two European Union […]

funding

Trinidad Distributes Funding to Farmers Affected By Flooding

Above: Trinidad (CJ Photo) By the Caribbean Journal staff Trinidad and Tobago Food Minister Devant Maharaj has announced the distribution of about $936,057 to farmers and fishermen in the country affected by flooding. That amounts to about $6 Million TTD. Maharaj distributed 112 checks to farmers affected by flooding and 178 checks to fishermen affected […]

funding

Turks and Caicos Secures Funding For Spiny Lobster Project

Above: a spiny lobster By the Caribbean Journal staff The Turks and Caicos Islands’ Department for the Environment and Maritime Affairs has secured $65,000 in funding from the UK Foreign and Commonwealth Office for a study and project on spiny lobsters in TCI waters. The initiative will look at ways to improve the habitat for […]


Trinidad Distributes Funding to Farmers Affected By Flooding

Above: Kingston (CJ Photo) By the Caribbean Journal staff The Development Bank of Jamaica will be launching a new venture capital fund in 2014, according to Finance Minister Dr Peter Phillips. The fund is set to launch within the first half of the next fiscal year, which begins Apr. 1, 2014. The fund is part […]

Haiti Marriott Project Receiving $26.5 Million in Financing From IFC

Above: a rendering of the hotel By the Caribbean Journal staff The Marriott hotel project in Haiti’s Port-au-Prince is receiving $26.5 million in financing from the IFC. Turgeau Developments SA, which is sponsored by Digicel, will be receiving the funding for the project. “The Marriott brand is synonymous with high quality hospitality,” said Colm Delves, […]

US Virgin Islands Receives Funding For St Croix Marine Research Facility

Above: St Croix By the Caribbean Journal staff The United States Virgin Islands has won a federal grant to support a new marine research facility in St Croix. The $150,000 grant was awarded by the US Department of the Interior’s Office of Insular Affairs, through the department’s Coral Reef Initiative. The funding will go toward […]

Haiti: World Bank Approves $20 Million Grant For Public Sector Efficiency

Above: the World Bank’s headquarters By the Caribbean Journal staff The World Bank’s Board of Directors has approved a $20 million grant from the International Development Association targeting public sector efficiency in Haiti. The funding aims to increase “efficiency and transparency in the use of public resources,” the Bank said in a release. “When citizens […]

US Virgin Islands Governor Asks Federal Officials For Energy Help

Above: USVI Governor John de Jongh By the Caribbean Journal staff Last year, the United States Virgin Islands lost its primary provider of fuel when it was announced that the HOVENSA oil refinery would be shuttering. That was only part of a wider energy problem for the Caribbean territory, which, like most of its neighbours […]

Jamaica: $2.4 Billion in Funding Support Through PetroCaribe Since 2005

Above: Kingston (CJ Photo) Jamaica has received $2.4 billion USD in funding support thanks to its PetroCaribe agreement with the government of Venezuela, according to Dr Wesley Hughes, CEO of the PetroCaribe Development Fund. The funding total, which covers the period from July 2005 to January 2013, has financed projects at the local and national […]