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BAHAMAS: Mercy Corps & GBPA Bring RISE Initiative to a Successful Close

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BAHAMAS, March 29, 2021 – It has been eighteen months since the passage of Hurricane Dorian and fifteen months since the Restoring Industries, Sustaining Employment (RISE) initiative journey began. While evidence of the catastrophic Category Five storm is still very much apparent, so too is the reemergence of more resilient pockets of economic activity throughout the length and breadth of Grand Bahama – a reemergence hundreds of business owners believe would have been considerably more challenging without the RISE program’s support.

The RISE initiative is a collaboration between implementing partners Mercy Corps, a global humanitarian organization, and The Grand Bahama Port Authority, Limited (GBPA), with the generous financial support of the American Red Cross and Bacardi Limited. As the initiative officially comes to a close, its impact can be seen and felt in the day-to-day operations of the businesses it has empowered and helped.

Mercy Corps Bahamas’ Country Director, Paula Miller, attributes the accomplishments of RISE to the generous financial support of its donors, GBPA as the implementing partner, and the adaptability and incredible resourcefulness of business owners. “This initiative would not have been possible for any single agency to do alone,” said Ms. Miller. “We have really enjoyed working together with GBPA, and it is inspiring to see Grand Bahama businesses re-opening despite a pandemic on top of a natural disaster.  While this particular initiative is closing, we stand ready to support Grand Bahama in future initiatives if needed.”

The RISE pilot launched in December 2019, supporting local merchants in the run up to the business year’s most profitable shopping season. The program’s initial goal was to assist 100 local businesses that were impacted by Dorian with grants of up to $10,000 to support their recovery efforts. As the pilot program was monitored and its impact and success measured, the RISE team reevaluated its goals and revised its targets upward, aiming to provide $2.5 million in funding to nearly 300 micro and small businesses across Grand Bahama.

Derek Newbold, Sr. Manager of Business Development for GBPA and Invest Grand Bahama, expressed, “GBPA is profoundly appreciative of the partnership created through the RISE initiative, and its accomplishments on Grand Bahama. We are extremely proud of each participant’s progress within their respective businesses and what that means for the business community as a whole moving forward.

“Business owners across the island continue to manifest the tangible and meaningful impact of the RISE initiative,” Mr. Newbold continued. “For many, it helped them defy the odds of a post-Dorian recovery, while creating a bolstering effect to help soften the impact of the COVID-19 global pandemic. Equally important, we are impressed to hear participants speak of the value of the business resiliency training and mentorship aspects of the program, which many asserts have helped them emerge stronger and much more prepared to face similar challenges moving forward.”

Comments such as “I started budgeting for the first time” and “I learned I’m actually really good at social media marketing” are common sentiments shared among business owners helped through the RISE initiative.

“A lot of work went into measuring the impact of RISE,” said Allison Dworschak, Program Quality and Partnerships Lead for Mercy Corps. “The data we gathered during the program tells us a lot about the strength and resilience of the small business community in Grand Bahama. For example, 87 per cent of participants reopened and were regularly transacting after they received the funding and training. More than a quarter said that, without RISE, they wouldn’t have reopened at all. Another 12 per cent said they likely would have reopened eventually, but wouldn’t have retained staff.

Others leveraged the program to expand and grow. “The RISE program did a lot of good, but we are especially excited to have saved at least 300 local jobs,” continued Ms. Dworschak. “And looking at how the $2.5 million in grant funds were spent, we know the majority – 75 per cent – was reinvested locally into reconstruction, large equipment repairs and other local purchases. These numbers would be good in any small business disaster recovery program, but I think the RISE team and the community should be extremely proud of what these business owners have achieved, especially considering everything they’ve been up against since September 2019.”

GBPA and Mercy Corps are considering future ways to collaborate in the event of a new crisis. GBPA Executive Director Henry St. George commented, “When a restaurant that had been damaged by Hurricane Dorian was able to reopen having received a RISE grant, and then partnered with another recipient who was able to provide delivery services, and together they collaborated to distribute meals to the aged and vulnerable during the summer lockdown last year, then the impact of the program and the significance of the small business community was really visible.

“We are highly aware of the work still to be done in rebuilding our small business economy, but we are extremely proud of the RISE program and even more so of the men and women who participated in it,” added Mr. St. George. “Our partnership with NGO Mercy Corps has been a crucial pillar of our response to Dorian, and we are grateful to them and to both the American Red Cross and Bacardi.”

Release: GBPA

Photo Captions:

Header:The RISE pilot launched in December 2019, supporting local merchants in the run up to the business year’s most profitable shopping season. The program’s initial goal was to assist 100 local businesses impacted by Dorian with grants of up to $10,000 to support their recovery efforts.  Pictured from left to right are grant recipients of the RISE Initiative Pilot Cohort: Jonathan Campbell – 5S Maintenance Service; Virginia Cooper, Program Officer – Mercy Corps; Kristian Rahming – OnPoint Designs & Printing; Kelsey Lundgren, Project Officer – Mercy Corps; Nicole Pinder – Skyline Express; Derek Newbold, Sr. Manager of Business Development – GBPA Group; Pete Sweetnam, In-Country Director – Mercy Corps; Sophia Smith – Escante Boutique; and LaShawn Dames, Business Services Manager & RISE Program Coordinator – GBPA.

1st insert: Partners of the RISE economic recovery initiative have supported the post-Dorian recovery efforts of nearly 300 micro and small businesses across the Grand Bahama, with upwards of $2.5 million in grant and post-COVID assistance. Picture from left to right are the RISE Initiative executives; Al Panico, Field Representative – American Red Cross Society; Michael Bowers, VP Humanitarian Leadership – Mercy Corps; Henry St. George, Director – GBPA; Mahesh Madhavan, CEO – Bacardi Limited; and Ian Rolle, President – GBPA Group.

2nd insert: As the RISE initiative officially comes to a close, its impact can be seen and felt in the day-to-day operations of the businesses it has empowered and helped. Pictured are members of the RISE Team Kerline McPhee, GBPA Customer Relations Officer (top left) with Ashleigh Lockhart, MC Program Manager (top right), providing one-on-one support to East Grand Bahama residents during a site information session for the RISE Initiative (photo taken in early 2020 before the onset of COVID-19).  The RISE team continued all program activities throughout 2020 despite the COVID-19 lockdowns, delivering greatly needed support to RISE program participants.

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New Manifestos Released as Bahamas Heads to Historic May 12 Vote

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The Bahamas, April 14, 2026 – With the 2026 Bahamian general election set for May 12, the country’s major political parties have now formally placed their plans before the electorate, offering competing visions for governance, growth and relief.

The governing Progressive Liberal Party (PLP), led by Philip Davis, launched its “Blueprint for Progress 2026” on April 8, 2026, outlining a 46-page plan focused on long-term development and systems reform. The document places heavy emphasis on energy transition, digital government, workforce training and food security, positioning the party as one seeking continuity following its first term. The full plan is publicly available online through official PLP platforms for voters to review.

Just days later, on Sunday, April 12, the opposition Free National Movement (FNM), under Michael Pintard, unveiled its 2026 Manifesto at a major event in Nassau. Spanning 54 pages, the document centers on cost-of-living relief, tax reform, healthcare expansion and housing, offering what the party describes as a more immediate response to economic pressures facing Bahamian families. The FNM has also made its manifesto accessible online.

Beyond the two major parties, the Coalition of Independents (COI) had already entered the policy space earlier, formally unveiling its long-range Vision 2030 framework on Saturday, March 1, 2025, at the Fusion Superplex in Nassau during a packed national launch led by party leader Lincoln Bain. That framework has since been complemented by a 100-day action plan released in late March/early April 2026, adding a short-term policy layer to its long-range proposals.

These policy rollouts come as the country prepares for a pivotal vote, with the Parliamentary Registration Department confirming a voters’ register of approximately 203,000 eligible voters, one of the largest in the nation’s history. Key dates are now set, with Nomination Day on April 16, followed by advance polls on April 30, ahead of General Election Day on May 12.

With platforms now in the public domain and the timeline locked in, the focus shifts squarely to the electorate—who must now weigh the promises, examine the plans and decide the country’s direction at the polls.

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

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From Concept to Approval: What a 2019 Water Security Plan Now Means for Bahamians

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The Bahamas, April 14, 2026 – At its core, the $65 million water security project is designed to strengthen the reliability, safety and resilience of the water supply across The Bahamas.

If implemented as planned, the investment is expected to improve water quality, reduce contamination risks and support public health, while increasing supply reliability and limiting service disruptions during droughts or system failures. The project also aims to expand and upgrade infrastructure, including wellfields, pumping stations and storage capacity, and to protect freshwater resources from saltwater intrusion—an increasing threat for low-lying islands. In practical terms, that could mean cleaner, more consistent and more dependable access to water for residents across the country.

The project was first conceptualised in 2019 under the previous administration, when a proposal was submitted to the Green Climate Fund to strengthen the resilience of the country’s water systems. That early work came just months before Hurricane Dorian exposed the vulnerability of national infrastructure, including critical water and sanitation systems, particularly in the northern Bahamas.

The initial phase focused on developing the concept, identifying priority areas and engaging regional and international partners, including the Caribbean Development Bank, to support the design and preparation of a full funding proposal.

Following the change in government in 2021, the project advanced into its most technical and demanding stages. The current administration oversaw the completion of key requirements, including feasibility studies, environmental and social assessments, and detailed financing negotiations with international partners—steps necessary to move the proposal from concept to approval.

That multi-year process has now culminated in approval of a $65 million financing package, combining grant funding with concessional loans to support long-term upgrades to the country’s water infrastructure.

While the project brings significant international support, it is not entirely free money. The package is structured as a blended financing arrangement, combining grant funding with concessional loans—meaning a portion of the funding will ultimately need to be repaid. Based on information released by the Caribbean Development Bank, approximately $25 million of the total package is tied to loan financing, with the remaining portion provided as grant support.

Concessional loans typically carry more favourable terms than commercial borrowing, including lower interest rates and longer repayment periods. However, they still represent debt obligations that will be borne over time.

Notably, detailed terms of the loan components—including interest rates, repayment schedules and any associated conditions—were not disclosed in the initial announcement issued by the Office of the Prime Minister (Bahamas). Those details are expected to be outlined in formal financing agreements, but have not yet been made public.

For Bahamians, the project represents both investment and obligation. While the grant funding provides a significant boost to infrastructure development, the loan component adds to the country’s long-term financial commitments—making transparency around terms and implementation timelines especially important.

While the approval marks a significant milestone, the timeline for delivery remains a critical factor. Based on information available from project partners, implementation is not expected to begin immediately. The initiative is anticipated to move into its execution phase later in 2026, following finalisation of financing agreements and completion of preparatory requirements.

From there, the project is projected to unfold over several years, with estimates suggesting a multi-year implementation period of up to seven years to fully deliver the planned upgrades to water infrastructure across The Bahamas.

This means that while the funding has now been approved, the benefits will be realised gradually rather than all at once. A definitive completion date has not been publicly outlined, and detailed timelines tied to specific islands or phases of work have yet to be disclosed.

For Bahamians, the question now shifts from approval to execution—when funds are drawn down, when construction begins, and how consistently the project moves from plan to delivery.

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

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Fuel Pain at The Pump: Global Tensions Drive Prices Up as Bahamians Feel the Squeeze

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NASSAU, Bahamas — What should be a simple five-minute drive is fast becoming an expensive, hour-long ordeal, as rising fuel prices collide with worsening traffic congestion across New Providence.

As of early April 2026, gasoline prices across The Bahamas have climbed sharply, with motorists now paying an estimated $5.50 to over $6.50 per gallon, depending on the station and grade. The increases, seen at major retailers including Esso, Rubis and Shell, reflect a volatile global oil market driven by escalating geopolitical tensions.

The latest spike — in some cases jumping more than 50 cents per gallon within days — is being driven by uncertainty surrounding escalating tensions involving Iran. U.S. President Donald Trump has issued a direct ultimatum, warning that the United States could launch aggressive strikes on Iranian infrastructure, including power plants and key facilities, if demands are not met. While he has also expressed hope for a swift resolution, the threat of rapid escalation is already rattling global oil markets — and The Bahamas, heavily dependent on imported fuel, is feeling the impact almost immediately.

At the pumps, the frustration is real.

Drivers are now paying significantly more just to sit in traffic. Commutes that once took minutes are stretching into hour-long crawls, burning fuel with little movement and compounding the financial strain. For many residents, the issue isn’t just the price per gallon — it’s how quickly that gallon disappears.

Industry players are also bracing for impact. Higher diesel prices are expected to ripple across key sectors, including trucking, construction, and shipping — all of which ultimately feed into the cost of goods and services. In short, this is not just a fuel story; it’s an inflation story in the making.

Despite the surge, the Bahamas Petroleum Retailers Association has moved to calm fears, confirming that there is no fuel shortage. Supply remains stable, but consumers are being urged to adjust behavior — from maintaining proper tyre pressure to considering carpooling — small measures that could stretch every dollar a bit further.

Retailers, however, are not offering much comfort on price relief. While fluctuations are expected, insiders say the days of sudden price drops are unlikely in the immediate term. The “shock” increases may level off, but a meaningful decline hinges on global stability — something that currently feels out of reach.

For Bahamians, the reality is tightening: higher fuel costs, longer commutes, and a growing sense that relief isn’t coming anytime soon.

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

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