The European Union (EU) has prepared a response package to accompany Cuba’s efforts in combatting COVID-19. These packages are in collaboration with local agencies and entities in order to respond immediately to the global pandemic. Ongoing projects and cooper... More »
Melbana Energy (MAY:ASX), the independent oil and gas company from Australia announced this week it has received the first payment from Sonangol, the National Oil Company of Angola, Africa’s second-largest oil producer. Sonangol paid the amount of EUR 425,000,... More »
Cuba’s Portfolio of Opportunities for Foreign Investment 2019 – 2020 is now available. The new portfolio contains 460 projects in 18 economic sectors, 47 of these are located in the Mariel Special Development Zone (ZEDM). Déborah Rivas, Vice Minister at the Mi... More »
Antonio Carricarte, president of the Cuban Chamber of Commerce, and his Canadian counterpart, Nancy Lussier, held a successful virtual conference on Thursday with the aim of expanding economic and commercial ties between the two nations. In the online meeting,... More »
The agricultural sector will play an important role in the post-Covid-19 phase in Cuba but it is not without its challenges and difficulties. Plans to reduce food imports and ensure food security for the population are currently under review and development fo... More »
The European Union (EU) and the Swiss Agency for Development and Cooperation (SDC) made a donation to the Cuban Ministry of Agriculture (MINAG) for the purchase of protective equipment for farmers to combat COVID-19 infection risk. The donation was used to pur... More »
Cuba reopening for tourism in three phases. More »
Cuba’s President Miguel Díaz-Canel will meet today in a virtual conference with member states of the ALBA-TCP. The economy, finance and trade within the context of the post-COVID-19 world will be the focus of discussions. The meeting will be chaired by First S... More »
The Trump administration has ordered Marriott International to close its Four Points by Sheraton hotel operations in Cuba by August 31. The hotel company has been warned the government license will not be renewed. In addition, Marriott will not be permitted to... More »
The United Arab Emirates (UAE) has sent an Etihad Airways flight carrying a donation of eight metric tons of medical supplies to assist in Cuba’s battle against the COVID-19 pandemic. The aid package will assist approximately 8,000 medical professionals of Cub... More »
Cuba and the Food and Agriculture Organization of the United Nations (FAO) have signed a climate resilience project agreement valued at USD 119 million with financing from the Green Climate Fund. The signing of this agreement will benefit 240,0000 persons livi... More »
Banking in Cuba is evolving. A new law, Resolution 73/2020 of the Central Bank of Cuba (BCC) published in the Gazette of the Republic, allows non-resident Cubans to open bank accounts in MLC (freely convertible currency) for retail sales and the importation of... More »
