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Invest TCI Hosts Successful Second Annual General Meeting at the Ritz Carlton

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#TurksandCaicosIslands, October 4, 2023 – Invest Turks and Caicos Agency (Invest TCI) celebrated a milestone event with its second Annual General Meeting (AGM) held on September 19th, 2023, at the prestigious Ritz Carlton. The meeting, called to order by the newly appointed Chairman of the Board, Ms. Cindy Ewing, marked a significant moment in the Agency’s journey towards promoting economic development and responsible investment in the Turks & Caicos Islands.

The evening commenced with opening remarks delivered by the Hon. E. Jay Saunders, Deputy Premier and Minister of Finance, Investment & Trade of the Turks & Caicos Islands. Hon. Saunders underscored the pivotal role of Invest TCI in advancing the economic landscape of the TCI and expressed gratitude for the Agency’s commendable service and contributions to the country’s economic development.

CEO Angela Musgrove presented an overview of the Agency’s achievements for the financial year 2022/2023. She emphasized Invest TCI’s commitment to creating a positive impact and shaping the future of the economic landscape, with a focus on fair wealth distribution for all, primarily benefiting the people of the Turks and Caicos Islands.

A significant highlight of the AGM was a compelling panel discussion on “Environmental, Social, and Governance (ESG): Investment and its Impact.” The discussion, moderated by Judith Garland, Legal and Compliance Officer of Invest TCI, aimed to raise awareness about ESG, its associated challenges, and the necessary steps to ensure that development initiatives have a tangible and beneficial impact on the lives and communities of the Turks and Caicos Islands.

Distinguished panel participants included The Attorney General, The Hon. Rhondalee Braithwaite-Knowles, OBE, KC; Wesley Clerveaux, Permanent Secretary, Ministry of Tourism, Environment, Fisheries, Marine Affairs, Culture, and Heritage, Agriculture at Turks and Caicos Islands Government; Ivor Stanbrook, Founder and Managing Director of Windward Development and John Fair, Developer of The Strand Development.

During the AGM, Invest TCI also took the opportunity to recognize and reward staff members who exemplified the Agency’s core values of Teamwork, Professionalism, Exceptional Service, Service to Community, Innovation and Creativity, and Growth. Congratulations were extended to Roshaun Malcolm – Executive Administrative Assistant; Alexa Cooper – Vice President-SME Development; Hezron Henry – Marketing Support Officer; Judith Garland – Legal and Compliance Officer; and Temeka Rigby – Administrative Officer.

Commenting on the AGM, Cindy Ewing, Chairman of the Board, stated, “As the newly appointed Chairman of the Board of Invest TCI, I am honored and excited to be a part of this organization’s mission to drive positive change in the Turks & Caicos Islands. Our second Annual General Meeting was a significant milestone, bringing together stakeholders who share our commitment to responsible investment and economic development. I look forward to working with our dedicated team and partners to shape the future of the Turks and Caicos Islands.”

 Angela Musgrove, CEO of Invest TCI, commented, “At Invest TCI, we are driven by a vision of an economically vibrant Turks & Caicos Islands where growth is sustainable, inclusive, and beneficial to all. Our AGM provided a platform to reflect on our achievements and to set ambitious goals for the future. We are deeply committed to integrating ESG principles into our work, and the panel discussion on this topic was a significant step in that direction. I am grateful for the dedication of our team and the support of our partners as we work together to create lasting economic and social impact in our community.”

 For more information on the AGM, please visit www.investturksandcaicos.tc or contact us at 649 338 4772.

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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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