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BAHAMAS: Minister Thompson: ‘Grand Bahamians must be prepared to create own successes’

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#Bahamas, February 27, 2018 – Nassau – Minister of State for Grand Bahama, Senator the Hon. Kwasi Thompson says that a hopeful outlook for Grand Bahama is based not just on direct foreign investment, but on local investments by Grand Bahamians like Curtis and Glennett Fowler, owners and operators of FowlCo Marine and Logistics Management.

The new Logistics Company, which is 100 percent Bahamian-owned, held its official opening on Saturday, February 24, 2018 at the facility on Grand Bahamian Way. The investment totals some $1.6 million.  In his remarks, the Minister of State for Grand Bahama noted that FowlCo is a testament to self-sufficient Bahamians who put in the labor, skills, finances and innovation to create something substantial.

“We should commend and congratulate them for it,” said Minister Thompson. “I look forward to this company’s growth and the jobs it has and which it will create locally.

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“Grand Bahamians must be prepared to create our own success.  Innovative entrepreneurship is the solution to the downturn in our economy.  As such, the government has committed to creating an environment conducive to the creation and growth of Small Businesses, by way of provisions for funding, training programs and business mentorship.

“We want to make it increasingly easier for Bahamians to maximize their potential for business ownership and long-term careers in various industries.”

Minister Thompson noted that by virtue of Grand Bahama’s deep waters, climate, proximity to the United States and open geographical path to the rest of the world, the maritime industry has long proven to be a perfect fit.  He said that the government intends to capitalize on those benefits to ensure that Grand Bahama maintains its status as a major maritime and industrial hub in the region.

“FowlCo has already, notably, employed 16 Bahamians and will provide services to the Grand Bahama community including customs brokerage, port agency & husbandry, dry dock logistics and facilitation of special projects,” said Minister Thompson.  “Your expertise and experience is much appreciated.

Proud moment(1)“I wish to commend FowlCo, because in addition to these services, one of the company’s major goals is to develop and facilitate a training model and institute that will allow Bahamians an opportunity to engage in certified training and decrease the skills gap that currently exists in the industry.

“This is an issue that the government has prioritized as we seek to facilitate more technical training to ensure that Bahamians are skilled and are equipped to pursue long-term employment opportunities, especially considering several new businesses are slated to be birthed in Grand Bahama this year and in the coming few years.”

Also bringing remarks during the opening ceremony for the new marine and logistics management company was Deputy Prime Minister, the Hon. K. Peter Turnquest, who noted what the Fowlers have been able to accomplish, will bode well for the future of Grand Bahama and the entire Bahamas.

He noted that the establishment of the new company represents what the Government of The Bahamas is trying to create throughout the country – upwardly, mobile, intelligent Bahamians, who have a vision for the future of the country.

“We will do our part to help give our citizens the most advantageous position that we can in order for them to be successful,” said Minister Turnquest.   “All around us, we see success in this industry and people are doing well, and we celebrate that.  The economic impact on the country from this industry has been significant.  It is time now though, for us as Bahamians to take more of an active stake in this industry.

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“I am proud of those who have done so already and who have shown tremendous success in providing service to the industry.  But there is more room and so we welcome this addition today in the opening of this new company.”

The Deputy Prime Minister reminded Grand Bahamians to continue to focus on the good things that are taking place in the country.  He said that there is enough negative talk both locally and internationally, but he noted that as long as Grand Bahamians maintain a positive attitude and mindset and work together, great things can be accomplished.

 

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PHOTO CAPTIONS

 

BIS Photos/Andrew Miller

 

PROUD MOMENT – Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest (third from left) and Minister of State for Grand Bahama, Senator Kwasi Thompson (right) stand for a photo with principals of FowlCo Marine and Logistics Management, following opening ceremonies for the new company on Saturday, February 24, 2018. Bahamian owners of the company Curtis Fowler, Founder (second from right) and Glennett Fowler, Managing Director (third from right) have joined forces with Juan Sancho Ovejero, Managing Director of Blue Parrot Offshore (second from left).

 

LOOKS AT OPERATION – Mr. Juan Sancho Ovejero, Managing Director of Blue Parrot Offshore (right) explains to Deputy Prime Minister, the Hon. K. Peter Turnquest and Minister of State for Grand Bahama, Senator Kwasi Thompson his company’s role in the operation of the newly established FowlCo Marine and Logistics Management, during a tour of the facility located on Grand Bahamian Way, following opening ceremonies on Saturday, February 24, 2018.

 

 

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New GPS Evidence Prompts Fresh Search for Missing American Woman in Abaco

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ABACO, BAHAMAS — Nearly two months after American sailor Lynette Hooker vanished in waters off Abaco, investigators are preparing to conduct a new search based on GPS and navigation data that reportedly challenges the account originally provided by her husband.

The case, which first drew international attention in early April, began when Brian Hooker told authorities that his wife was swept away after falling from an inflatable dinghy during rough conditions in waters near Elbow Cay.

Initial search efforts involving Bahamian and U.S. authorities covered extensive areas of the Sea of Abaco but failed to locate the missing Michigan woman.

Now, according to multiple U.S. media reports, investigators have obtained electronic navigation and GPS data that appears to place the couple’s dinghy in a different location from where searchers initially concentrated their efforts.

The new information has prompted authorities to reopen search operations and seek permission for divers to examine a more targeted area of the Sea of Abaco.

Unlike the broad search that followed Hooker’s disappearance, the renewed effort is expected to focus on a relatively shallow section of water, reportedly about 25 feet deep. Investigators believe the location may offer a better opportunity to recover evidence and potentially answer lingering questions surrounding the disappearance.

The latest development marks a significant shift in the investigation.

What began as a maritime search-and-rescue operation has evolved into a complex multinational investigation involving Bahamian authorities, the United States Coast Guard and the Federal Bureau of Investigation.

Brian Hooker was detained and questioned by Bahamian authorities following his wife’s disappearance but was later released without charges. While investigators have never publicly accused him of a crime, reports indicate he remains a person of interest as authorities continue to examine the circumstances surrounding the case.

Hooker has repeatedly denied any wrongdoing and has maintained that his wife accidentally fell overboard.

The investigation has intensified in recent weeks. U.S. authorities have reportedly seized the couple’s sailboat, Soulmate, transporting the vessel to Florida for forensic examination. Investigators are said to be reviewing onboard electronics, digital records and other potential evidence as part of the ongoing inquiry.

The case has also attracted attention from Lynette Hooker’s family, who have continued to press for answers and support efforts to locate her.

The renewed search comes after Brian Hooker returned to the United States following the disappearance. Reports indicate he cited family reasons, including concerns about his mother’s health, for leaving The Bahamas.

For investigators, however, the focus now appears fixed on the newly identified search area and the electronic evidence that led them there.

Whether the latest operation produces answers remains to be seen. But nearly eight weeks after Lynette Hooker disappeared in the waters of Abaco, authorities believe new technology and new information may finally provide a clearer picture of what happened that night.

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Nassau Opens CDB Annual Meeting at Baha Mar This Week

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NASSAU, BAHAMAS — Regional policymakers, development financiers, economists and international partners are converging on Nassau this week as the Caribbean Development Bank (CDB) stages its 56th Annual Meeting at the Baha Mar Resort from June 1-5, 2026.

Held under the theme, “Forging the Caribbean’s Future: Strategic Solutions for Uncertain Times,” the gathering is expected to place The Bahamas at the center of discussions on some of the region’s most pressing challenges, from climate resilience and energy security to debt sustainability and economic growth.

At the launch of the annual meeting on March 19, CDB President Daniel Best underscored the importance of bringing together leaders from across the Caribbean and beyond at a time of global uncertainty.

“The Annual Meeting provides a strategic moment for the Caribbean, an opportunity for our leaders, governments, development institutions, private sector, youth, and international partners to come together to identify practical solutions that can help the Region navigate uncertainty while unlocking the opportunities that lie ahead,” Best said.

The conference host, newly named Bahamas Minister of Finance and Chairman of the CDB Board of Governors, Michael Halkitis, also emphasized the significance of the event during the March 19 launch ceremony.

“Today’s gathering marks more than the start of preparations for an important meeting. It represents the beginning of a renewed conversation about the future of the Caribbean, about our shared aspirations, our common challenges, and the partnerships that will shape the path forward for our region,” Halkitis said.

He added: “Hosting the 56th Annual Meeting of the Caribbean Development Bank here in Nassau provides an important opportunity to strengthen partnerships and advance meaningful dialogue on the future of the Caribbean.”

Over the five-day meeting, delegates will tackle major issues including energy transition and resilienceinnovative debt solutions for Caribbean economies, and the impact of global economic shocks on regional development.

The programme features a number of high-level events including the Youth FIRE Forum, the William G. Demas Memorial Lecture, the President’s Chat titled Financing the Future: MDB Strategies for Uncertain Times, and a series of policy seminars examining climate finance, infrastructure, economic resilience and development lending.

Among the featured participants are CDB President Daniel Best, Finance Minister Michael Halkitis, senior officials from multilateral development banks, regional finance ministers, central bank governors, economists, development specialists and private-sector leaders. The President’s Chat is expected to bring together leaders of major multilateral development banks to discuss financing strategies for developing states facing mounting economic pressures.

The annual meeting also includes sessions branded “EDGE X by CDB: Analytics Unlocked,” which will explore the economic costs of traffic congestion in the Caribbean and how global crises continue to affect regional economies.

The CDB Annual Meeting traditionally attracts representatives from the Bank’s 28 member countries, including government ministers, senior public officials, development agencies, international financial institutions, youth delegates, academics and private-sector stakeholders. Hundreds of delegates are expected to participate in discussions that will help shape development priorities and financing strategies across the Caribbean in the years ahead.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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Afreximbank Annual Meetings Return Next Month; Caribbean Links Remain in Focus

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May 29, 2026 – Two years after The Bahamas made history as the first Caribbean nation to host the African Export-Import Bank’s Annual Meetings, thousands of delegates are expected to gather in Egypt next month for AAM2026.

The 33rd Afreximbank Annual Meetings will be held from June 21-24 in El Alamein, Egypt, under the theme: “Intra-African Trade and Industrialisation: Pathway to Economic Sovereignty.”

The event is regarded as one of Africa’s most important gatherings on trade, investment, finance and economic development, bringing together heads of state, policymakers, business leaders, development finance institutions and international partners.

For Caribbean nations, the meetings hold special significance.

In 2024, The Bahamas welcomed thousands of delegates to Nassau for the landmark event, marking the first time the annual meetings were staged outside the African continent and placing the Caribbean at the center of growing discussions on Africa-Caribbean trade and investment.

Since then, Afreximbank has continued to expand its engagement in the region, promoting stronger commercial ties between Africa and Caribbean countries and exploring opportunities in trade finance, infrastructure development, logistics, investment and private sector growth.

Organizers say this year’s discussions will focus on strengthening intra-African trade, advancing industrialization, building regional value chains and increasing economic resilience amid global uncertainty.

The meetings are also expected to provide a platform for new partnerships, investment opportunities and development initiatives that could have implications beyond Africa, including for Caribbean nations seeking to deepen economic cooperation with the continent.

As leaders prepare to convene in Egypt, the Caribbean’s growing relationship with Afreximbank remains a key part of the institution’s broader vision of expanding trade and investment connections across the Global South.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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