Grenada's Investment Migration Agency (IMA), formerly the CBI program, approved 1,166 new citizens from 55 countries between January and September 2025. Nigeria and China were among the leading source nations, with a notable increase in applicants from the United States during the second quarter.
Grenada has formally proposed a trilateral oil and gas coordination commission with Venezuela and Saint Vincent and the Grenadines. The initiative aims to delimit maritime boundaries, provide legal certainty for investors, and advance Grenada's nascent offshore hydrocarbon industry, with Prime Minister Dickon Mitchell having already submitted the proposal to the respective leaders.
Republic Bank (Grenada) Limited has officially partnered in the launch of the 'Greening the Market — St. George's Market Composting Pilot Project' in Grenada. Launched on September 29, 2025, the initiative aims to divert organic waste from landfills, reduce methane emissions, and enhance soil health and food security through a scalable national composting model.
Grenada's Finance Minister Dennis Cornwall announced the government will auction an EC$5 million retail bond on the Eastern Caribbean Securities Exchange (ECSE) from October 31 to November 21. This pilot project with the ECCB aims to encourage citizen investment and financial literacy, offering a 4.25% annual interest rate.
