All Regions, January 17, 2020 — The World Tourism Organization (UNWTO), in association with Globalia, the leading tourism group in Spain and Latin America, has selected the finalists of the 2nd Global Tourism Startup Competition, an initiative that the two entities have been working on since 2018 when its first edition was held.
In the competition’s first two editions, Wakalua, the global tourism innovation hub powered by Globalia, in collaboration with the World Tourism Organization, has received proposals of nearly 5,000 startups from 150 countries. The countries with the highest number of projects submitted have been Spain, followed by India, the United States, Portugal, Nigeria and Colombia.
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The second edition features startups in a more mature stage, with 10% having had more than EUR 500,000 in turnover in 2018. The finalists will present their projects at the Wakalua headquarters in Madrid. Seven will win awards in their respective categories.
Sustainability Building on the success of the inaugural competition, this new edition continues to identify new companies that will lead the sector’s transformation. The aim and common denominator is to achieve a sustainable and profitable future through technology and innovation. This initiative is supported by partners such as Turismo de Portugal, Telefónica, Amadeus, Intu Costa del Sol, IE Africa Center and Distrito Digital Valencia, among others.
These partners will participate actively in the final decision and in the subsequent promotion, financing rounds and implementation of the pilot projects with the winners:
Categories This annual competition is one of the flagship projects of Wakalua, the tourism innovation hub powered by Globalia in collaboration with the World Tourism Organization. Wakalua will host the winning startups for further development, providing support in order to establish links with leading companies in the sector. Innovation consulting firm Barrabés.biz is also a partner making this project possible.
Deep Tech, rethinking location and geolocation: With the backing of Amadeus, the aim in this category is to select the best startup that simplifies trips for customers or suppliers using location systems. Solutions that combine location data with artificial intelligence can be used to identify tourism regions, associate them with nearby airports, optimize, and offer opinion mining, among others.
Smart Mobility: In partnership with Telefónica, this category features projects that improve the quality of travel and that facilitate the mobility of users using any transport system. The objective is to reduce economic, environmental and time costs.
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Smart Destinations: With the collaboration of Distrito Digital Valencia, solutions will be identified to improve the sustainability and profitability of destinations from the economic, environmental and socio-cultural perspectives by leveraging technology to help foster innovation and accessibility in an increasingly globalized world.
Disruptive Hospitality: Intu Costa del Sol will analyse companies that contribute to optimizing the total experience of travellers by combining the best solutions in the world of retail, shopping centres, food, leisure and hotels, so that, through personalized services and digital connectivity, every trip can be as efficient and effective as possible.
Rural Development: Globalia will place special emphasis on rural areas with the objective of transferring knowledge and innovation, and improving their viability and competitiveness.With the overall objective of promoting a shift towards an increasingly low-carbon economy, this category also seeks out companies devoted to risk management and animal welfare, as well as the restoration, preservation and improvement of ecosystems.
Innovative tourism solutions: Turismo de Portugal will present an award for the best innovation project outside the above categories.
Special award for sustainability: In addition, the UNWTO and Globalia will present a special sustainability award with the aim of giving more visibility to projects that are committed to more efficient and sustainable tourism.
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Lastly, the IE Africa Center will recognize 2 projects in terms of social impact in Africa, awarding them with the Social Innovation Retreatscholarship, Sun Cycles Namibia and Enjoy Agriculture Senegal, presenting their initiatives. The winner of the Travel Tech 4 Good accelerator, in collaboration with the Tui Care Foundation and Enpact, Halla Travel, will also present its startup.
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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.
The Bahamas, May 29, 2026 – The Ebola outbreak in the Democratic Republic of the Congo (DRC) continues to expand, with United Nations officials now warning that the disease has spread across multiple eastern provinces and become the third-largest Ebola outbreak on record.
According to the UN Office for the Coordination of Humanitarian Affairs (OCHA), as of May 26 the outbreak had reached 13 health zones in Ituri, North Kivu and South Kivu provinces. More than 1,000 suspected cases have been reported, including 121 confirmed infections and 17 deaths. Six healthcare workers are among those who have died.
The United Nations says humanitarian teams remain actively engaged in treatment, surveillance, community outreach and disease containment efforts. However, the response is being complicated by insecurity, population movement and restrictions affecting the delivery of supplies and personnel.
While the outbreak remains confined to Africa, authorities in The Bahamas recently activated emergency health protocols after two men who had spent time in the Democratic Republic of the Congo arrived at Lynden Pindling International Airport aboard a British Airways flight.
The Ministry of Health confirmed the travelers were isolated after presenting low-grade fevers upon arrival on May 22. Officials later reported that the fevers subsided and neither individual displayed symptoms consistent with Ebola Virus Disease.
The two men, identified as a British national residing in Australia and a French national, were transferred to the Modular Unit at Princess Margaret Hospital for continued monitoring.
Health officials emphasized that there are currently no confirmed Ebola cases in The Bahamas and assessed the risk to the public as low.
Still, the growing outbreak overseas has prompted increased vigilance. Health Minister Dr. Michael Darville said the government is reviewing whether additional travel measures may be necessary for countries affected by the outbreak.
The United Nations this week announced up to US$60 million in emergency funding to support the Ebola response in the Democratic Republic of the Congo and neighboring countries, warning that rapid action remains critical to preventing further spread.
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May 22, 2026 – The Caribbean Community is warning that the escalating conflict surrounding the Strait of Hormuz is now directly threatening Caribbean economies, driving up the cost of fuel, food and freight across a region heavily dependent on imports.
In a statement issued this week, CARICOM expressed “serious concern” over the worsening hostilities in the Middle East and the growing instability affecting one of the world’s most critical shipping corridors.
CARICOM said it is alarmed by: “the severe loss of life, threats to civil infrastructure, and the instability in global markets” resulting from the conflict.
The regional bloc warned that disruption in maritime transit through the Strait of Hormuz is reverberating across the global economy through: “energy markets, supply chains and increased freight costs.”
For Caribbean citizens, those consequences are already becoming painfully visible.
In Nassau, gasoline prices have surged again, with regular fuel now nearing or exceeding seven dollars per gallon at some stations. Consumers in other CARICOM countries are also reporting higher transportation costs, rising grocery bills and mounting pressure on household budgets.
The fear among regional leaders is that the crisis is far from over.
Roughly 20 percent of the world’s oil and liquefied natural gas normally passes through the Strait of Hormuz, making it one of the most strategically important waterways in global trade. Analysts warn prolonged disruption could trigger even higher global inflation and deeper supply chain instability.
The United Nations Food and Agriculture Organization has now warned that the crisis could become a: “systemic agrifood shock” capable of triggering a severe global food price crisis within six to twelve months.
The Caribbean is especially vulnerable because of its dependence on imported fuel, imported food and imported manufactured goods.
A recent UN regional analysis warned that shockwaves from the Middle East conflict are already reaching Caribbean nations, where rising oil prices and freight costs are increasing the price of imported food, electricity and transportation.
Global institutions are also sounding increasingly dire warnings.
The World Bank projects energy prices could surge by 24 percent this year because of the conflict, while fertilizer prices may jump by more than 30 percent — increases likely to feed directly into higher food costs worldwide.
The International Monetary Fund has meanwhile warned the global economy could face a “much worse outcome” if the conflict drags into 2027 and oil prices continue climbing.
CARICOM is now calling for all parties to respect international law and preserve safe passage through the Strait of Hormuz under the United Nations Convention on the Law of the Sea.
The Community stressed that transit passage: “should not be contingent on any license, levy, or authorization,” and warned that bordering states should not “hamper or suspend” the movement of vessels through the corridor.
CARICOM also called for: “cessation of hostilities” and urged “de-escalation and restraint by all parties.”
But for many Caribbean citizens, the economic pain is already here.
And with fuel nearing seven dollars per gallon in parts of The Bahamas, regional governments are facing renewed pressure over cost of living concerns, inflation and the Caribbean’s continued dependence on imported energy and food supplies.
Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.