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Digicel Limited Closes $250m Bond Issue

Digicel Limited ("DL") today announced it has completed a US$250 million corporate bond offering.  The bonds were priced to yield 7.00%.

Clinton Bush Haiti Fund grants Haiti $1.5 Million

The nonprofit created by former U.S. Presidents Bill Clinton and George W. Bush said Tuesday it's given a $264,000 grant to the Oasis Foundation that seeks to train potential hotel workers in hospitality services.

Haiti creating home loan system for middle class first time home buyers

Haiti's struggle to rebuild homes. A few members of Haiti's small middle class will be able for the first time to get a mortgage.Haitian President Michel Martelly has launched his own housing program. Dubbed Kay Pa'm — Haitian Creole for "my own house" — it aims to provide mortgages to first-time homeowners who belong to Haiti's middle class.

Why Haiti Does Not Need a New $95 Million Army

As one of his first executive acts, Haiti’s new president, Michel Martelly, has asked donor nations to help him re-establish the army that was disbanded by President Jean-Bertrand Aristide 16 years ago. The initial cost: $95 million, which will go, Martelly says, to a starter force of 3,500.

At best, Martelly’s priorities are confused. At worst, they are ominous. He is proposing to spend a lot of money on a militia that Haiti doesn’t need when the country is still in shambles because of the 2010 earthquake. Worse, he is reconstituting an institution that was used, from the 1950s onwards, almost exclusively as a tool of oppression.

New Clinton Bush Haiti Fund Grant Will Strengthen Female-Run Businesses in Haiti

The Clinton Bush Haiti Fund continues to nurture economic opportunities for Haiti, today announcing a grant to a unique Haitian microfinance institution. The $850,000 grant to Fonds Haïtien d’Aide à la Femme (FHAF) will help put this institution on a path to financial recovery, and allow it to continue to provide loans to women throughout Haiti.

Inter-American Development Bank or IDB approves grant for Northern Industrial Park in Haiti

The Inter-American Development Bank announced the approval of a $55 million grant to help finance the construction of an industrial park designed to employ tens of thousands of workers in northern Haiti.

Micro-finance paying off in Haiti

Lucien, a computer engineer who emigrated from Haiti to Massachusetts at 16, has been involved for years with the islanders of Ile a Vache, visiting three or four times a year, helping restart one of their schools, starting a micro-credit program and creating a modest tourist resort, among several other initiatives.

Micro-finance paying off in Haiti

Lucien, a computer engineer who emigrated from Haiti to Massachusetts at 16, has been involved for years with the islanders of Ile a Vache, visiting three or four times a year, helping restart one of their schools, starting a micro-credit program and creating a modest tourist resort, among several other initiatives.