by Natalie Moodey | Jul 8, 2024 | Caribbean Insight
Haiti is on edge as it welcomes Kenyan police to combat rampant gang violence, marking the country’s fourth major foreign intervention. Several hundred Kenyan police officers, adorned in camouflage uniforms and waving Kenyan flags, disembarked on the...
by Natalie Moodey | Jul 8, 2024 | Caribbean Insight
The Dominican Republic has successfully launched its inaugural sovereign green bond, even as the IMF’s latest fiscal review called for reduced borrowing. On 25 June 2024, the DR raised US$750mn in an issuance which was oversubscribed by six times as global investors...
by Natalie Moodey | Jul 8, 2024 | Caribbean Insight
Barbadian business magnate Mark Maloney has secured a US$100mn financing deal with the African Export-Import Bank (Afreximbank) to fund two major projects in Barbados. This includes US$90mn for the long-awaited Hyatt Hotel, set to begin construction after an...
by Natalie Moodey | Jun 24, 2024 | Caribbean Insight
The US Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned a senior Guyanese public officer and two prominent businessmen. The sanctions come in response to alleged corruption involving the parties and the business they operate and are...
by Natalie Moodey | Jun 24, 2024 | Caribbean Insight
Finance Minister Nigel Clarke has announced that Jamaica plans to adopt the ‘twin peaks’ model for financial sector supervision and regulation by 2026. Under this model, the Bank of Jamaica (BOJ) will oversee prudential supervision, while the Financial...
by Natalie Moodey | Jun 20, 2024 | Caribbean Insight
A team of Haitian police commanders have met Kenya’s inspector general of police ahead of a planned deployment to the violence-hit Caribbean country expected to take place by the end of June. In Nairobi, a team of Haitian police commanders on Tuesday met Kenya’s...
