The Government of Antigua and Barbuda is actively exploring transformative reforms to its energy infrastructure, with Utilities Minister Melford Nicholas emphasizing the dual benefits of environmental sustainability and economic efficiency. During a recent discussion on Pointe FM alongside Prime Minister Gaston Browne, Nicholas highlighted the success of Barbuda’s hybrid solar energy system as a blueprint for future initiatives. This innovative system, implemented in the aftermath of Hurricane Irma in 2017, harnesses solar power during daylight hours, significantly reducing the island’s dependence on fuel-powered generators to nighttime operations. Nicholas revealed that this approach has already slashed fuel consumption on Barbuda by approximately 24%. He further elaborated that adopting a similar model in Antigua could result in substantial savings for the Antigua Public Utilities Authority, potentially amounting to millions in reduced fuel expenses and lower utility rates for consumers. Beyond the immediate financial advantages, the minister underscored the broader implications of transitioning to a more sustainable energy mix. Such a shift would not only align with the nation’s ambitious target of achieving carbon neutrality by 2040 but also provide a buffer against the volatility of global fuel prices, thereby safeguarding households from economic instability. Nicholas articulated the urgency of this transition, stating, ‘There is an economic imperative. Every time we burn fossil fuels, we are contributing to the same climate change problems we are trying to solve.’ The proposed reforms signify a pivotal step towards a greener, more resilient future for Antigua and Barbuda, balancing ecological responsibility with fiscal prudence.
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Youth Economy Agency ramps up support after early backlog
Three years ago, the Youth Economy Agency (YEA) launched its grant program, only to be inundated with applications. With just two officers handling the influx, the agency struggled to keep up, leaving many applicants in limbo. CEO Bryan Vidal acknowledged the challenges, stating that while grant processing continued, the backlog eventually forced a temporary halt on new applications. During this period, only 13 entrepreneurs received emergency support. However, since July, the agency has significantly bolstered its capacity. The grant department now employs nine dedicated staff members, and new technology has streamlined operations, enabling the agency to move forward efficiently. Vidal highlighted YEA’s broader impact, noting that it has processed over 1,505 grants, six loans, trained more than 880 individuals, and facilitated mentorship for 126 people. The agency has injected over $9.6 million into the economy, with grants averaging $3,000 and loans reaching up to $30,000. YEA also provides training in areas like bookkeeping, customer service, and digital marketing. The agency’s mission is to combat youth unemployment by offering the kind of support typically provided by family in other contexts. Vidal emphasized that successful entrepreneurs often credit family support, and YEA aims to fill that role by providing access to finance through loans and grants. For many, this support has been transformative. Quinn St. Juste, a podcaster and multimedia journalist, used his grant to expand his operation, while a young block maker purchased a machine that revolutionized his business. Although grants are generally issued on a first-come, first-served basis, YEA also employs a risk-based assessment to prioritize businesses facing urgent threats. Applications involve interviews and site visits, and funds are often disbursed as equipment to ensure accountability. YEA reports regularly to the Caribbean Development Bank, the Ministry of Economic Development, and its board of directors. The agency has also made its services more accessible by processing applications on-site in Castries and holding outreach sessions in various communities. Vidal envisions a future where self-employed individuals continue to make significant economic impacts, thanks to YEA’s support.








