A ‘One Gigabit Society’ is the longstanding vision of the European Union, which has also been adopted worldwide, including the Caribbean region. In this article, we provide a quick primer on the concept and highlight critical challenges the region must address to achieve that vision.
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The Caribbean region ranks lowest in statistical performance compared to other regions, and studies have estimated the value of Open Data alone could contribute between 1% and 2% to the national GDP of Caribbean countries. The ‘Data Queen’ herself, Raquel Seville, is back to discuss her new start-up, Dataffluent, which is offering financial and investment insights on underserved markets, including those in the Caribbean region. During our conversation, she discusses, among other things, the problem Dataffluent is trying to solve; what it is like to be a woman in tech AND a woman in finance; the challenges of training AI models for us in developing countries; and the advice she would give to other young tech start-ups.
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A roundup of the latest ICT/technology news from across the Caribbean region for the period Monday 3 February to Sunday 9 February 2025.
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According to Precedence Research, the global insurtech market size has been calculated at USD 36.05 billion in 2025 and is forecasted to reach over USD 600 billion by 2034, accelerating at a compound annual growth rate of 37.10% from 2025 to 2034. This article provides the basics of insurtech and highlights some real-world applications.
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In response to the goal of doubling the ICT sector’s contribution to Trinidad and Tobago’s GDP, the Developers Hub, more commonly known as D’Hub, offers training, access to tools, as well as income and networking opportunities to local developers and citizens interested in ICT. With Devindra Ramnarine, a Digital Transformation Adviser at the Ministry of Digital Transformation, Trinidad and Tobago, and one of the main architects of D’Hub, we discuss this innovative platform, including, the problem D’Hub is trying to solve; the specific government or societal challenges that are being addressed via D’Hub; how D’Hub can be made sustainable; and whether the model can be replicated in other Caribbean or developing countries.
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