Amid concerns by Guyana and the Caribbean Community (CARICOM) that Venezuela is about to use the December 3 referendum to seize Guyana’s County of Essequibo, the International Court (ICJ) has been asked to block certain questions from being put to a popular vote. The ICJ has already determined that it has jurisdiction in Guyana’s substantive case that the 1899 Arbitral ...
Read More »Author Archives: Denis Chabrol
Caribbean Private Sector Organisation begins preparations for CARICOM’s challenge to solve transportation problem
The Caribbean Private Sector Organisation (CPSO) has almost immediately taken up a call by Caribbean Community (CARICOM) governments to solve transportation woes by finding a blend between public sector incentives and private sector investments with financing by the African Export-Import Bank (AFREXIMBANK), CPSO Chief Executive Officer Dr Patrick Antoine said Tuesday. He said CPSO representatives on Tuesday held talks with ...
Read More »AFREXIMBANK to help fast-track payments to Guyanese oil sector contractors
Guyanese suppliers to the oil and gas sector would soon no longer have to wait for long periods before they are paid monies by contractors after the Guyana government inks a trade facilitation agreement with the African Export–Import Bank (AFREXIMBANK), President Irfaan Ali said Monday. “We’ve talked a lot about the payment gap for the suppliers of services to the main ...
Read More »African Import-Export Bank may finance Guyanese oil exploration company
The Guyanese oil exploration company, SISPRO Inc; is likely to source some of its financing from the African Export–Import Bank (AFREXIMBANK) through the local merchant bank, NewHayven, President Irfaan Ali announced on Monday. NewHayven , which is headed by United States-based Guyanese Floyd Haynes, was launched in July 2022. Addressing the opening of the 3rd African-Caribbean Trade and Investment Forum (ACTIF) ...
Read More »African Export–Import Bank announces major financing for Guyana, other CARICOM member-nations
The Egypt-headquartered African Export–Import Bank (AFREXIMBANK) would be offering US$500 million to Guyana to fast-track the development of infrastructure in this South American nation and double the lending limit to US$3 billion for all Caribbean Community (CARICOM) member-nations. President and Chairman of African Export–Import Bank (AFREXIMBANK), Professor Benedict Oramah told the opening of the African-Caribbean Trade and Investment Forum (ACTIF) ...
Read More »Opinion: Capping the number of Venezuelan Economic Migrants/Refugees entering Guyana is in the interest of National Security: Unity in effort required for National Defence
by Dr Gary Best, a Retired Rear Admiral and former Chief of Staff of the Guyana Defence Force. There is no doubt that the proposed five questions referendum (5QR) by the Venezuelan government scheduled for 03rd December 2023, poses a clear and present danger to the Territorial Integrity and National Security of Guyana, particularly sovereign Essequibo. Consequently, an immediate cap ...
Read More »Regional manufacturers preparing for major summit in Guyana
The Guyana Manufacturing and Services Association (GMSA) is teaming up with the Caribbean Manufacturers Association (CMA) to hold a regional summit in Guyana to address critical issues facing manufactures across the region and prepare the country to become a major manufacturing hub in Latin America and the Caribbean, according to a top official. GMSA President, Ramsay Ali reasoned that Guyana ...
Read More »PPPC Councillor raps Mayor for prematurely threatening legal action
People’s Progressive Party Civic (PPPC) Councillor, Jainarine ‘Don’ Singh on Sunday scolded City Mayor Alfred Mentore for prematurely calling for an emergency council meeting and threatening legal action against Local Government Minister Anand Persaud for blocking an amnesty for rates and taxes until the council proves that it can do so legally. Mr Singh said Mr Mentore’s call for an ...
Read More »Opposition Leader hopes to leverage influence in New York’s Guyanese diaspora to address bad governance; govt assures commitment to fairness, democracy
Opposition Leader Aubrey Norton said Saturday’s meeting with a delegation from the New York State Senate and the New York State Assembly was aimed at sensitising them on a range of aspects of bad governance and discrimination in Guyana, but he said they did not provide any commitment on whether they would exert pressure in the United States (US) to ...
Read More »OPINION: Welcoming Ambassador Nicole D. Theriot to Guyana
by GHK Lall A warm welcome is extended to American Plenipotentiary Extraordinary and Ambassador to Guyana, Her Excellency, Nicole D. Theriot. I am positive that, given her Louisiana roots, spicy Guyanese food should make Ambassador Theriot feel right at home. Cajun country, this delightful tropical paradise and oil Shangri-la called Guyana is, Excellency. Now I must get down to business. ...
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