Section
Markets, enterprise, and economic developments.
Lead story
Construction of a new Hyatt Hotel in Barbados is set to begin this year, with a US$100 million financing deal involving businessman Mark Maloney and Afreximbank. Completion is expected by 2026.
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Broad Street in The City will be partially closed on June 15, 22, and 29 for the Emerging Entrepreneurs Broad Street Mall Marketplace. Motorists should expect diversions and plan alternate travel routes.
Hyatt Hotel project set to commence this year after deal with Afreximbank, says Mark Maloney. US$90 million investment aims for completion in 18 months amidst previous setbacks.
Barbadian businessman Mark Malone secures US$100 million deals with Afreximbank for Hyatt Hotel construction and cement importation support at Afreximbank Annual Meetings. Details in tonight’s epaper.
The Investment Climate Reform (ICR) facility conference in Rwanda highlighted a $3.4 trillion financing gap for women's entrepreneurship in 2024. Caribbean progress contrasted African challenges in women's empowerment.
