AGP Executive Report
Last update: 11 hours agoDigital Finance & Fintech: St. Kitts and Nevis is positioning itself as a small-market fintech player by building digital financial infrastructure that links to the wider Caribbean and global systems, not by trying to outscale big hubs. Medicinal Cannabis Tech: The Medicinal Cannabis Authority has executed a contract for a seed-to-sale track-and-trace system to monitor cultivation through retail, aiming for transparency, compliance, and safer patient access. Payments & Banking Upgrades: Finovate Global spotlights Caribbean fintech momentum, including Belize Bank’s AI-native digital banking modernization with Backbase—useful context for regional digital finance ambitions. Water Security Tech: PM Drew highlighted progress on the Basseterre Desalination Plant as a path to 24-hour potable water access, alongside wells and upgraded distribution. Energy & Climate Funding: IRENA opened a funding call for renewable energy projects across Central America and the Caribbean, including St. Kitts and Nevis. Local Economy & Jobs: PM Drew welcomed Demerara Distillers’ US$14M expansion in St. Kitts, framing it as confidence in local capacity and future investment. Governance & Financing: Drew defended the Public Benefit Option used for capital projects, contrasting it with earlier criticism over a prison financing approach.
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