Posts Tagged ‘Caribbean Diaspora’

Is The Caribbean Diaspora A Real Source For Investment?

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Thousands of nationals from the Diaspora gather annually at the Penn Relays in Philadelphia.

Thousands of nationals from the Diaspora gather annually at the Penn Relays in Philadelphia.

CaribPR Wire, NEW YORK, NY, Mon. Mar. 31, 2014: Nationals from the Caribbean region and those of Caribbean heritage living outside the region number millions even though there is no accurate count of the total number. There’s no better demonstration of their presence than the huge flow of funds that are remitted each year from prosperous nations to poorer ones, particularly the Caribbean and Latin America.

For this reason, a World Bank Specialist insists that this group represents a great market that regional governments can target for investment dollars.

Qahir Dhanani, private sector development specialist of the World Bank Group, says “The Caribbean Diaspora represents a welcome market for making investments and contributing to growth and development.”

“Given the intimate knowledge they have about the opportunities back home, Diasporas are best place to take advantage of these opportunities and make an impact,” added Dhanani, who will be part of a featured interview on ‘ The Caribbean Diaspora: A Real Source For Investment?’ at Invest Caribbean Now 2014.

Dhanani recently co-authored the study: ‘The Caribbean Diaspora: A source for venture investment?,’ with Mina J. Lee. In it they conclude that there is investment interest towards both specific Caribbean countries and sectors by the members of the Caribbean Diaspora who “can indeed play an important role in the Caribbean region’s development story.” But they both warn it will require leadership to lower barriers to engagement, facilitation of structured opportunities and an increase in information transparency.

Dhanani will be joined in the session by Leigh Moran, manager, International Diaspora Engagement Alliance” or “IdEA,” a partnership of the US State Department and USAID, where the interviewer will be Irwine Clare, advisory board member of the Jamaica Diaspora USA, NE & CEO of the Caribbean Immigrant Services. Moran’s company, the Calvert Foundation, has recently taken over management of the ‘IdEA’ and launched a Diaspora bond that allows for nationals in the Diaspora to make tangible yet minimal socio-economic investments in their homelands.

Diaspora bonds are essentially a form of government debt that targets members of the national community abroad, based on the presumption that their emotional ties to a country make investing in such products worthwhile. Sales can be restricted solely to members of a particular nationality or opened to all buyers, with nationals receiving a preferential rate.

WHO’S WHO FOR ICN

Invest Caribbean Now, the brainchild of Hard Beat Communications CEO Felicia Persaud, is committed to advancing wealth in the Caribbean. ICN matches investors with projects in the Caribbean while bringing investors to the region and introducing them to sustainable investment opportunities there.

This year’s summit will feature Caribbean scholar Dr. Isaac Newton, top delegates including a delegation of Chinese investors from China; representatives from the Carbon War Room; Caribbean government dignitaries from across the region, including Premier of Nevis, Vance Amory; Barbados’ Minister of Agriculture Dr. David Estwick; Minister of Tourism and International Transport of St. Kitts/Nevis, Ricky Skerritt; tourism ministers from across the Caribbean, New York City elected officials; chairman of over two dozen companies throughout the Caribbean, North America, Russia, China, Africa and Great Britain, including Sandals Resorts Chairman, Gordon ‘Butch’ Stewart; Sergio Millian, President of the Russian American Chamber of Commerce; Colin Childress, CEO/Founder, Global MedChoices, Turks & Caicos; Paul Angelchik, M.D., Founder and CEO, American World Clinic – Barbados; Anthony A. L. Adjasse of the Allied African Nations  Chamber Of Commerce; Jamaica’s Ambassador to the UN, Courtney Rattray; Hollywood fashion designer, Woody Wilson and  numerous global professional investors, entrepreneurs, and business leaders.

Special partnership, advertising and co-branding opportunities for this prestigious event are available by contacting sheila@investcaribbeannow.com or logging on to ICN’s summit page at Investcaribbeannow.com.

Limited early bird tickets and table of 10 availability to the summit are available by booking here or at investcaribbeannow.com/earlybird

An exclusive Diamond Dinner has been added to this year’s summit for only 20 people who will include Malik Yoba, Gordon ‘Butch’ Stewart and Woody Wilson among other top Chinese, Caribbean and Russian delegates. Tickets are available on an invitation only basis by contacting Joe Bernstein at joe@investcaribbeannow.com.

ICN PARTNERS

Partners for ICN 2014 include: Hard Beat Communications, The Caribbean Tourism Organization, One Caribbean Television, The Woody Wilson Collection of Beverly Hills, The PR Newswire, the Caribbean Commerce Magazine, Blinglets, The Caribbean Council for Economic Development, the Chinese Business Development Center, Woody Wilson Fine Clothing, CaribPR Wire and News Americas Now.

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SOURCE: Invest Caribbean Now

MEDIA CONTACT:

Kathy Bronson

Communications Coordinator

Invest Caribbean Now

kbronson@investcaribbeannow.com

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AFRICAN CARIBBEAN POLITICAL ACTION COMMITTEE (ACPAC) ANNOUNCES ENDORSEMENTS OF 2012 PENNSYLVANIA STATE CANDIDATES

Philadelphia, PA – April 15, 2012  The African Caribbean Political Action Committee completed its endorsement process for the 2012 Pennsylvania State Primary elections. The Candidates were evaluated based on their responses to the committee’s questionnaire and a rigorous interview process.

The endorsements process focused on candidates with a significant number of African and Caribbean individuals and/or businesses within their districts. ACPAC encourages registered voters in the African and Caribbean community, and all voters in the City of Philadelphia to vote for, support, volunteer for and donate to the campaigns for the following individuals:

186th District

ACPAC decided to stay neutral – both candidates that participated (Jordan Harris & Damon Roberts) are very well qualified, and are in line with the committee’s values. ACPAC would be very happy to work with either candidate the voters decide to send to Harrisburg

188th District

Again, ACPAC decided to stay neutral.  The incumbent (James R. Roebuck) has a solid history of advocating for the educational needs of constituents, and the challenger (Fatimah Muhammad) is an excellent candidate, who has a solid resume of work in and for the community.  Both candidates have been supportive of the community, and ACPAC would be very happy to work with either one of these candidates.

192nd District

ACPAC is endorsing the candidacy of Will Mega.  There is no doubt that Will Mega is aligned with the values of the committee’s community as demonstrated by the advocacy he has engaged in on the behalf of community members – even without the pulpit of elected office.  ACPAC will be happy to work with him if elected, and will support his campaign efforts.

198th District

ACPAC unanimously endorses Malik Boyd in this race.  The pragmatic and common sense approach to addressing issues plaguing the community he displayed are exactly what you would expect from a business owner; and will provide a breath of fresh air in Harrisburg.  His Parental Involvement Tax Credit plan as his approach to educational reform separates him from the pack of candidates that have chosen to focus strictly on being for or against vouchers.

202nd District

ACPAC endorses Numa St Louis, a well-qualified candidate.  As a Haitian-American, he is very aware of the issues facing the African & Caribbean community, and the immigrant community at large.  ACPAC expects him to provide a voice for the hitherto voiceless members of his district, and will be very happy to work with him.

African Caribbean Mission Statement

African Caribbean PAC (ACPAC) is a Political Action Committee dedicated to social, political and economic inclusion for residents in the African Caribbean Diaspora.  ACPAC also supports United States polices that strengthen bi-lateral relations and create economic opportunities for Caribbean and African Nations.

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LIME Celebrates Labor Day Weekend In New York’s Caribbean Diaspora

 

CaribPR Wire, KINGSTON, Jamaica, Thurs. Sept. 15, 2011: For the second consecutive year, LIME was among top sponsors of the 44th Annual West Indian Carnival Festival that drew over three million to Eastern Parkway on Labor Day in Brooklyn, U.S.A. on September 5th.  A huge LIME-sponsored float from KARMA made its way down the Parkway as over two dozen LIME girls showed off the company’s colors with rags and shiny costumes and as executives stressed the company’s commitment to the Diaspora is not just short-term but here to stay.
 
 
While the LIME float urged fans to send minutes home to family and friends, the message at the company’s booth on the parade route created a buzz, as customers from the Diaspora and over 14 Caribbean islands lined up to take advantage of the 100 bonus credit offered over the weekend to any LIME mobile phone. Among those welcoming the LIME promotion was Jamaican national Caroline Greaves and her daughter, who have been Brooklyn residents for the past thirty years.
 
 
“I am thinking of trying their new TopUp plan which gives double credit, you cannot beat this kind of deal,” Greaves said, as the LIME float with a number of costumed clad revelers passed by. “Many of my friends are switching to LIME because they like their affordable rates and products.”
 
 
Early on Monday, Regional Head of Sponsorship for LIME, Sheldon Keens-Douglas, spent the morning with Mayor Mike Bloomberg and other city elected officials and business leaders at the annual kick-off breakfast of the West Indian American Day Carnival Association, reiterating the company’s commitment to the Diaspora and organizations like WIADCA.
 
”We wouldn’t miss it,” he explained. “After our participation last year we knew we would be back. The ‘E’ in LIME is refers to ourability to bring cultural activities home to our customers through exciting products like LIME TV, Video on Demand and LIME Mobile TV and the West Indian Carnival Festival is a great complement in that regard.”
 
 
 
LIME’s presence at the carnival brought the curtains down on a weekend long series of events that included sponsorship of the inaugural Reggae, Rhythm and Blues concert on Sunday, September 4th at Roy Wilkins Park in Queens, NY, that featured performances from the likes of Movado, Machel Montano, John Holt, I-Octane, Kenneth “Baby Face” Edmonds” and Monica.
 
“For this summer, our double-top up promotion – which offered each customer who bought credit to get two times the amount paid for – was all about keeping in touch with friends and family back home. And the festival is about keeping in touch with that Caribbean legacy and heritage. There is a synergy here that LIME, with our own legacy of over 140 years, is proud to support,” said Keens-Douglas.
 
 
The company’s support also made the EVERYBODY’S Calypso & Soca Tent-Revue at the Tropical Paradise Ballroom that featured the world’s top calypso & soca superstars, such as The Mighty Sparrow, the Calypso King of the World, Shadow, Becket, Denyse Plummer, Rikki Jai and Edwin Yearwood, from August 29th – September 2nd, a reality; along with Brass Fest on Friday, September 2 at the grounds of the Brooklyn Museum in Brooklyn, NY, which saw thousands of Caribbean music fans jump and wave with LIME to the music of the 2011 Carnival King Machel Montano & Kes The Band, Patrice Roberts, Farmer Nappy and WCR. LIME also reinforced their commitment to family with the support of the Kiddies Carnival at the Brooklyn Museum grounds Saturday – as thousands of children proudly parade in their carnival costumes.
 
 
The telecommunications giant also returned for the second consecutive year as the platinum sponsor of the Caribbean Netball Association’s (CANA) Summer Netball League and Caribbean Cup 2011, which featured teams representing Jamaica, Grenada, Trinidad & Tobago, St. Vincent and the Grenadines, Sri Lanka and Barbados. The round-robin Caribbean Cup tournament this past Sunday, September 11th, 2011, brought the curtain down on the summer long netball carnival which kicked off on June 4th at the Lincoln Terrace Park in Brooklyn, New York. LIME’s sponsorship included uniforms, prizes, and telecommunications services for the tournament at the various games that took place over the summer.

 
 
ABOUT LIME
 
LIME, (formerly Cable & Wireless), is the Caribbean`s leading telecommunications company, currently servicing 14 Caribbean countries. LIME has kept the people of the Caribbean connected for more than 100 years and is focused on providing products and services that improve the lives of Caribbean people every day whether they live in the region or are part of the Diaspora.  LIME offers Top Up service to connect those living in the US to friends and family in the Caribbean. LIME`s aim is to deliver the best communication services at the best value across the board-full stop. LIME for living every day.  Visit www.lime.com to learn  more.
 
 
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LIME is set to continue its aggressive grassroots marketing campaign in the Diaspora this Fall.

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REVOLUTIONARY LIME "APP" MAKES CARIBBEAN TALK CHEAPER

  • “LIME Talk” makes its easy & affordable to call the Caribbean from iPhones, iPads, and iPod Touch devices.

 CaribPR Wire, Kingston, Jamaica – February 8, 2011: Continuing to deliver on its promise to provide innovative telecoms products for the Caribbean market and beyond, LIME has now unveiled “LIME Talk”, a groundbreaking, free-to-download, Voice Over Internet Protocol (VOIP) application that allows iPhone, iPod Touch and iPad users overseas to call the Caribbean for as little as US $0.16 per minute.

 “LIME Talk” can be used on several popular Apple smartphones including the best selling iPhone 3G, iPhone 3GS and iPhone4 handsets.  “LIME Talk” is also compatible with several other Apple communication devices including the iPod Touch — 2nd, 3rd and 4th generation — and the revolutionary tablet, the iPad. Customers can use the application on any of these devices to make phone calls using a Wi-Fi or 3G internet connection.

 LIME has partnered with Telecom New Zealand USA (TNZ), a leading provider of voice, data and mobile services across the Americas, to make the leading edge solution available to the Caribbean Diaspora.  Through the Apple App Store and iTunes, “LIME Talk” will be easily available for free download to over 100 million consumers across the US.

 This prepaid service gives customers 120 minutes of talk time for calls to LIME fixed lines and mobiles phone across the Caribbean for the low price of US $19.95.  The plan covers calls to any LIME fixed or mobile customer in Antigua, Anguilla, British Virgin Islands, Barbados, Cayman Islands, Dominica, Grenada, Jamaica, Montserrat, St. Kitts & Nevis, St. Lucia, St. Vincent & the Grenadines, and Turks & Caicos.

 In addition, customers also have the option of making out of plan calls to any other destination across the world at affordable rates by adding additional credit to their accounts via credit card or debit card.

 Outlining the customer benefits of the new product, LIME’s Chief Marketing Officer, Chris Dehring said: “LIME Talk offers some of the lowest, most affordable rates currently available for calling the Caribbean from the US and other parts of the world and the fact that it’s a prepaid service means that customers can have better control over their spend.”

 “LIME Talk is easy to use and very convenient because once users download the application and subscribe to the service they can always access it from their device and there’s no need to constantly buy phone cards or input lots of numbers and codes to make a call,” he added.

 “We anticipate that “LIME Talk” is going to be extremely popular not only in the Caribbean community but for customers worldwide who call the Caribbean often for business or personal reasons. When it comes to affordability and convenience “LIME Talk” is going to be hard to beat.”

 “LIME Talk” can be downloaded, free of charge, from LIME at www.time4lime.com/diaspora or from Apple iTunes at http://itunes.apple.com/us/app/lime-talk/id405177474?mt=8  

About LIME

 LIME is the Caribbean’s largest telecommunications company with a proud history in the region, and which is always working to improve life in the Caribbean. LIME delivers the very best communication services to governments, businesses and families in 13 Caribbean countries with one unifying promise—building, connecting and serving communities. LIME is part of Cable & Wireless Communications PLC, one of the world’s leading communications companies.

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