Three CARICOM countries to join CAF as Series "C" members

Three CARICOM countries are to join the Development Bank of Latin America and the Caribbean also known as CAF as Series "C" members.

A CAF statement said its board of directors, which met in the Dominican Republic recently, authorized the allocation of its shares to facilitate the entry of Dominica, Grenada and The Bahamas as members of the bank.

The CAF provides assistance to Caribbean countries in support of climate action, water, energy, and food security, sustainable tourism, modernization of infrastructure and digital transformation, among other sectors.