By Jordi Abadal and Javier Cuervo Last January, Suriname inaugurated the first solar plant for rural electrification purposes. The plant, with a capacity of 500 kW, will provide 24 hours electricity to the rural community of Pokigron and to Atjoni under the operational responsibility of EBS, the state-owned electric utility of Suriname, and with financing from the … [Read more...] about The First Solar Plant for Rural Communities in Suriname
Economy & Investment
The First Solar Plant for Rural Communities in Suriname
By Jordi Abadal and Javier Cuervo Last January, Suriname inaugurated the first solar plant for rural electrification purposes. The plant, with a capacity of 500 kW, will provide 24 hours electricity to the rural community of Pokigron and to Atjoni under the operational responsibility of EBS, the state-owned electric utility of Suriname, and with financing from the … [Read more...] about The First Solar Plant for Rural Communities in Suriname
Is Guyana on its way to becoming the Caribbean’s new technology hub?
On June 8, 2018, a seed was planted in the soil of our lush green economy—this seed has the potential to transform Guyana into the leading estate of South America and the Caribbean. Exponential technologies and digital transformation were prominent among the themes and the buzzwords at the IDB’s recently concluded VII Regional Civil Society Conference hosted in Guyana. … [Read more...] about Is Guyana on its way to becoming the Caribbean’s new technology hub?
What will the Caribbean’s financial sector of the future look like?
Four macro-critical factors have the potential to trigger a creative disruption in the financial sector in the Caribbean region in the not-too-distant future. These macro-critical factors are (i) risks from climatic changes and natural disasters; (ii) advance in financial technology; (iii) derisking activities by correspondent banks; and (iv) changing lifestyles and … [Read more...] about What will the Caribbean’s financial sector of the future look like?
Caribbean Smart Islands – Digital Technology as a catalyst for Economic Growth and Sustainability
The use of technology will play a big role in digital financial services ecosystem development, employment generation and economic growth specifically driving key segments in the economy. By some accounts, this opportunity is so significant that estimates show successful adoption of digital finance could spark 6% (US$3.7 trillion) growth in the GDP of all emerging economies by … [Read more...] about Caribbean Smart Islands – Digital Technology as a catalyst for Economic Growth and Sustainability