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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 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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