Maloney signs US$100M in deals with Afreximbank
Barbadian businessman Mark Malone has signed two deals with the African Export-Import Bank (Afreximbank) totalling US$100 million ($200 million). A facility to finance the construction of the Hyatt Hotel, to the tune of US$90 million, and a US$10 million ($20 million) trade finance facility to support the importation of cement were inked on Thursday at […]
Inclusive growth means women’s economic empowerment
The Investment Climate Reform (ICR) facility recently held a conference in Rwanda on empowering women in entrepreneurship. The event was attended by over 150 leaders involved in development policy and programming, from close to 40 countries in Africa, the Caribbean and the Pacific (ACP). The ICR facility is a partnership of the European Union, the […]
Barbadians ‘gradually tying themselves to African history’
Barbadians are gradually but steadily tying themselves to their African history, thanks to the efforts of pan-Africanist organisations and the government over the years, the head of a research agency said Wednesday. On the 349th anniversary of one of the earliest rebellion plots against slavery in the 17th century, the director for the Centre for […]
Trade in your own currencies, Blackman tells Africa, Caribbean
Minister in the Ministry of Economic Affairs and Investment Chad Blackman has proposed that African and Caribbean nations trade among themselves using their own currencies. This could prepare the region for the possibility of the US dollar and the euro losing their dominance in another 10 to 15 years, he told an Africa-Caribbean business forum […]
CARICOM pilot of shared currency system ‘soon’
The pilot of a potentially ground-breaking scheme to allow CARICOM nations to trade using each other’s currencies without a third-party currency is to start “soon”, Central Bank of Barbados governor Kevin Greenidge has revealed. Greenidge, who chairs the CARICOM group of central bank governors, said regional governors agreed last month to push ahead with a […]
Deane to lead Barbados U19 Women for CWI regional tournament
Erin Deane will captain the Barbados Under-19 women’s squad for the upcoming regional tournament in Trinidad & Tobago. She will be supported by Asabi Callender who will serve as vice-captain. The announcement of the national team for the June 30-July 14 tournament also included confirmation of the management unit – Ryan Hinds as head coach, […]
Thorpe breaks national javelin record
When Barbadian javelin thrower Kayla Thorpe competed on June 6 in the National Collegiate Athletic Association (NCAA) Finals in Oregon, United States of America, she created a stir with her outstanding 53.44-metre throw, the current national record. As the first female competitor in javelin at an NCAA final for Maryland University, she made history by […]
Gibbons and Ifill: Legacies of Excellence
Few duos in Barbadian basketball have made as significant an impact as shooting guard Rahiim Gibbons and point guard Andrew Ifill. Playing for the Burger King Clapham Bulls, they have forged a legacy of excellence, culminating in the triumphant 2024 Co-operators General Insurance Barbados Amateur Basketball Association (BABA) league title. Their journey from promising youth […]
Barbados bolsters disaster resilience for hurricane season
Almost two weeks into the Atlantic hurricane season, efforts are being made to bolster the island’s resilience against natural disasters, by bringing experts together to refine strategies for effective risk communication in light of recent climate trends. Key figures from the government, emergency response agencies, media practitioners and community leaders have been meeting for a […]
Barbados envoy presents credentials to Cuban president
Barbados’ newest ambassador to Cuba, the historian and former broadcast journalist Dr Sharon Marshall, presented her credentials to Cuban President Miguel Díaz-Canel Bermúdez on Tuesday at the Palacio de la Revolución in Havana, cementing her new ambassadorial role. The credential presentation ceremony followed protocol, with the Barbadian and Cuban flags on display, the playing of […]