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More than $1 Billion in Investments Approved, says Tourism Minister

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#TheBahamas, March 18, 2022 – Deputy Prime Minister and Minister of Tourism, Investments and Aviation the Hon. Chester Cooper stated that more than $1billion in investments have been approved for the expansion of the Bahamian economy.

This he revealed during his contribution to the Midyear Budget Debate in the House of Assembly on Thursday, March 17, 2022.

“We have already begun the work of transforming the Bahamas Investment Authority and have already revised the National Economic Council.

“This has allowed us to approve numerous new investments that will impact the economy in the short to medium term,” the deputy prime minister said. “The billion dollar investment, with $500 million approved for Exuma alone.”

He noted that one of the keys to increasing Bahamian ownership and wealth is to deepen the stake in the tourism sector at all levels.

Meanwhile, the Tourism Development Corporation will provide support for tourism entrepreneurs that will strengthen their economic viability and grow the Bahamian economy.

“We believe that the TDC should serve as a lifeline to tourism entrepreneurs,” the deputy prime minister said. “We are moving methodically and diligently to restore our economy and bring about relief for the Bahamian people. We intend to balance the work of the legislature with the work of the executive and fulfill our commitments.”

He also shared what this administration is accomplishing in tourism, investments and aviation. And, he also touched on developments ongoing on Grand Bahama.

Recently, the Ministry of Health and Wellness, after consultation with the Tourism ministry and industry stakeholders, dropped the requirements for masks in hotel lobbies, corridors, casinos, and outdoors given social distancing of three feet between people not of the same household.

And in recent days, the US has dropped the travel advisory for The Bahamas to a level three.

“This year, we have seen more resorts fully open, such as the beautifully renovated Sandals Royal Bahamian and Margaritaville and The Pointe,” he said. “What is undeniable is that we have turned a corner in the pandemic and we have turned a corner in the return of tourism to our shores.”

In 2019, the country experienced a record year in tourism arrivals with over seven million visitors. Also, the following year, there was a decline of 75 percent, with 1.75 million stopover and cruise visitors combined.

Last year saw a return to more robust numbers, with more resorts coming back on stream and cruise ships seeing a return to more robust passenger numbers.

According to the deputy prime minister, the United Nations World Tourism Organization was right in that the Caribbean continues to lead tourism’s rebound in the world, and The Bahamas is leading the rebound in the region.

“This has not been an easy time for the industry,” he said. “Health officials and tourism officials have worked diligently to strike a balance between generating more money in the economy and keeping the health and safety of our residents and visitors paramount in our minds. Thanks to the Ministry of Health officials for their diligence and collaboration.”

The deputy prime minister said one of these successes is the return of regattas, starting with the National Family Island Regatta in Exuma from April 20-23, 2022, in beautiful Elizabeth Harbour.

“It is a much-welcomed development that will help return a sector of our tourism business that is a popular signature of our Family Islands.

He also mentioned the more than $130 million invested to date in Nassau Cruise Port, with all the berthing work at the port is due to be complete before the summer, the rest of the major work and the superstructure is expected to be completed by December 31, 2022 sparking the redevelopment of Downtown Nassau and vicinity.

Regarding the National Flag Carrier Bahamasair, he revealed that the Board has been mandated to review its best practice and present a strategic plan that will not only improve efficiencies but will strengthen its role in improving tourism airlift and getting heads in beds.

“While we are discussing the aviation sector, we are making progress in terms of our overall International Civil Aviation Organization validation,” the deputy prime minister said.

 

Photo Caption: Deputy Prime Minister and Minister of Tourism, Investments and Aviation the Hon. Chester Cooper making his contribution to the Midyear Budget Debate in the House of Assembly on Thursday, March 17, 2022.

(BIS Photo/Kemuel Stubbs)

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Fighting the fungus foe of the beloved banana

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How Venezuelan farmers are learning to grow and live with a devastating plant disease

 

In the fields of Venezuela, where the banana has been for generations a symbol of sustenance and tradition, a shadow fell across the land. In 2023, Venezuela’s National Institute of Integral Agricultural Health (INSAI) declared a phytosanitary emergency: the fungus Fusarium Tropical Race 4 (TR4) (Fusarium oxysporum f. sp. cubense tropical race 4; syn. Fusarium odoratissimum) had arrived in producing areas in the states of Aragua, Carabobo and Cojedes.

This fungus, considered a devastating disease of banana and plantain (Musaceae) trees, can remain in the soil for more than two decades, threatening production and the lives of those who depend on it.

In the state of Aragua in the north of the country, the Renacer community had been growing bananas and plantains on 20 hectares since 2018. Then Fusarium arrived.

“When the disease hit, the entire plantation began to deteriorate. We refused to ‘die’ with the trees because that was our livelihood. The visits of INSAI confirmed that we had to chop down the banana trees. I cried a lot because I had worked with my banana trees for years,” recalls woman farmer, Lesbia Margarita García, with a broken voice.

In response, INSAI implemented measures to eliminate the affected plantations and improve the soil health by changing to other crops that allow agricultural production to recover. The Food and Agriculture Organization of the United Nations (FAO) offered assistance by providing corn seeds, tools, biosecurity inputs and training, with teams of experts helping farmers to start again.

“Planting corn, thanks to the INSAI-FAO programme, gave us a harvest that benefited everyone. We have been improving the soil,” says Lesbia Margarita with a smile. “Now we rotate crops, observe soil health and have learned how to use natural fertilizers. Expert assistance has been key.”

The pilot project works directly with affected producers in high-risk areas, promoting alternative crops such as cereals and vegetables, delivering inputs and tools to mitigate damage and applying biosecurity measures for safe and effective containment.

“Beyond the corn received, we have already planted cassava, chili peppers, beans and pumpkin. We hope that by the end of the year [2025] we will be diversified and that each season we will have something to sell. These lands do not give up,” says Lesbia Margarita with conviction.

The Renacer community is beginning to see fruits. Their products are reaching local markets, generating income and rebuilding their livelihoods.

Key actions to manage Fusarium TR4 are ongoing, including regular monitoring, continuous training, inter‑institutional coordination, updates to the national plan, information campaigns and producer impact assessments. INSAI is sustaining regulatory, surveillance measures and training —with FAO support—as part of a comprehensive long‑term strategy.

At the global level, FAO supports awareness raising, capacity building and international collaboration in the fight against Fusarium TR4 by facilitating the World Banana Forum and its Global Network on TR4.

“The objective is for countries to strengthen their operational and technical capacity, articulating actions between the public sector, the private sector and family farmers,” says Raixa Llauger, FAO Agriculture Officer in Mesoamerica. “FAO and local partners have promoted this approach in Venezuela.”

As an essential part of the activities, a comprehensive training programme was developed with activities that taught farmers how to identify the disease contain it and protect crops. In addition, FAO has distributed laboratory equipment, biosecurity tools and a multispectral drone to INSAI. Drones are an efficient and cost‑effective tool for phytosanitary surveillance, offering rapid, high‑resolution monitoring and early detection of plant pests and diseases.

Overall, the project strengthened biosecurity measures against the Fusarium fungus through the adoption of the National Action Plan and the establishment of partnerships with national and international institutions. In addition, the pilot initiative supporting smallholder farmers in key production areas and a nationwide awareness campaign with broad outreach improved surveillance, diagnosis and phytosanitary response capacities across the country.

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Widow’s Testimony Recounts Night Haiti President Was Killed

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MIAMI, Florida — Emotional testimony from Martine Moïse, the widow of assassinated Haitian President Jovenel Moïse, has given jurors in a U.S. federal courtroom a chilling account of the night gunmen stormed the presidential residence and killed the country’s leader.

Martine Moïse took the stand this week in Miami as part of the ongoing trial of several men accused of helping plan and finance the July 7, 2021 assassination, a crime that plunged Haiti into political crisis and remains only partially solved.

She told the court that armed men forced their way into the president’s private home in the hills above Port-au-Prince during the early morning hours, firing multiple shots at her husband while she lay beside him. She testified that she was also wounded in the attack and survived by pretending to be dead until the gunmen left the room.

According to prosecutors, the plot involved a group of foreign mercenaries, including former Colombian soldiers, along with Haitian and Haitian-American suspects. Investigators say some of the men believed the mission was to detain the president, but the operation turned into an assassination.

The Miami trial is focusing on the alleged role of South Florida businessmen and others accused of organizing or financing the plan, part of a wider international investigation that has stretched across several countries.

More than four years after the killing, the question of who ultimately ordered the assassination remains unanswered, with suspects still in custody in both Haiti and the United States as the case continues to unfold.

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

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Jamaica Joins Afreximbank Agreement, Strengthening Africa–Caribbean Partnership

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CARIBBEAN — Jamaica has become the 13th CARICOM member state to accede to the African Export-Import Bank Establishment Agreement, further strengthening economic ties between Africa and the Caribbean.

The development was confirmed during the 50th CARICOM Heads of Government Meeting, where an Afreximbank delegation led by George Elombi and Kanayo Awani met with Jamaica’s Prime Minister Andrew Holness to advance cooperation.

Prime Minister Holness thanked the bank for its support following Jamaica’s recent hurricane, noting that Afreximbank financing helped restore critical infrastructure including water, electricity, sewage systems and roads, while also assisting reconstruction efforts aimed at building stronger resilience to future disasters.

The meeting also focused on broader development opportunities tied to Jamaica’s membership in the agreement. Discussions included rebuilding and modernising infrastructure such as railways, hospitals and other public facilities, while strengthening regional transportation and trade networks to improve the movement of people and goods across the Caribbean.

Afreximbank has been expanding its presence in the Caribbean as part of its strategy to connect Africa with the region often referred to as “Global Africa.” The bank has already committed billions of dollars in financing and trade support to Caribbean economies in recent years, including funding for infrastructure, trade facilitation and private sector investment.

By joining the agreement, Jamaica gains expanded access to Afreximbank’s financial instruments, technical support and trade networks designed to promote commerce between Africa and CARICOM states.

Regional leaders say the growing partnership could unlock new opportunities in areas such as trade, logistics, tourism, manufacturing and cultural exchange, strengthening economic cooperation between the two regions with deep historical and diaspora ties.

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

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