Connect with us

Bahamas News

Inaugural Ethiopian Airlines flight arrives for historic Afreximbank Annual Meetings (AAM 2024) in The Bahamas

Published

on

By LINDSAY THOMPSON
Bahamas Information Services

HE Mahamadou Issoufou, former president, Republic of Niger, and Leader of the African Continental Free Trade Area

NASSAU, The Bahamas — Just before 5pm on Tuesday, June 11, 2024 Ethiopian Airlines – a Boeing 787-8 Dreamliner — touched down at Jet Aviation bringing 241 delegates for the historic 31st Afreximbank Annual Meetings (AAM 2024), and the Third Edition of the AfriCaribbean Trade and Investment Forum (ACTIF) in the capital.

It was also history in the making for Ethiopian Airlines – its inaugural flight to The Bahamas: touching down under hazy skies and warm conditions indicative of June weather.

On hand for the arrival was the Hon. Alfred Sears, Minister of Immigration and National Insurance, as well as other officials.

The Department of Immigration and Jet Aviation set up a welcome desk near the tarmac, to allow for a smooth process, and offered water and soft drinks.

Among delegates were His Excellency Mahamadou Issoufou, Former President, Republic of Niger and Leader of the African Continental Free Trade Area (AfCFTA); His Excellency Hailemariam Desalegn, former prime minister of Ethiopia; Dr. Monique Nsanzabaganwa, Deputy Chairperson for the African Union Commission/United Nations Economic Commission for Africa; international media, performers and musicians, and other conference participants.

It is the first time AAM will be held in the Caribbean region. The meetings will run June 12 – 14, 2024 at Baha Mar Resort, Cable Beach. The theme for the event is: “Owning Our Destiny: Economic Prosperity on the Platform of Global Africa.”

It is envisioned that the impact of the three-day event will be heightened by the Opening Ceremony, the Presidential Plenary, and high-level panel sessions.

On April 11, 2024, The Government of the Commonwealth of The Bahamas and African Export-Import Bank (Afreximbank) signed an Agreement for The Bahamas to host the 31st Afreximbank Annual Meetings (AAM) and the third edition of the AfriCaribbean Trade and Investment Forum (ACTIF) from 12 – 14 June 2024.

At that signing, Prime Minister Davis underscored the importance of his country hosting the historic meetings.

He said: “Hosting both the AAM and ACTIF demonstrates the determination and commitment of The Bahamas to leverage on the shared history, identities, and cultures of AfriCaribbean nations to forge significantly greater trade, investment, and direct transport linkages.”

Dr. Monique Nsanzabaganwa, Deputy Chairperson for the African Union Commission escorted by Ivan Thompson, Protocol Division Ministry of Foreign Affairs

And added: “Doing so will stimulate economic growth and development, which will feed through to immensely beneficial societal impact. It is also vital that we enhance our global influence by speaking with a unified voice on matters such as securing global action to meaningfully address climate change.”

The focus will be on the emerging neo-protectionism from advanced economies and the need for Africans to pursue self-determination in the context of a global Africa that includes the Caribbean and the Diaspora generally.

The AfriCaribbean Trade and Investment Forum (ACTIF) will be marked by colourful events to celebrate shared AfriCaribbean culture, as well as elevate the essence of the two regions’ shared socio-economic aspirations.

Among the Keynote Speakers are: the Hon Philip Davis, Prime Minister of the Commonwealth of The Bahamas; the Hon Mia Amor Mottley, Prime Minister of Barbados; His Excellency Dr. Irfaan Ali, Chairperson of the Conference of Heads of Government of the Caribbean Community (CARICOM) and President of Guyana; and His Excellency Issoufou, Former President, Republic of Niger and Leader of the African Continental Free Trade Area (AfCFTA).

Other speakers include Senator the Hon. Michael Halkitis, Minister of Economic Affairs, The Bahamas; His Excellency Ulrich “Rick” Alexander Fox, Ambassador-at-Large of The Bahamas and CEO of Partanna Global; Dr. Roger W. Ferguson, Jr., Former Vice-Chair of the Federal Reserve, USA; and Mr. Jeannel Wyclef Jean, Musician, Muse IC Incorporated.

(BIS Photos/Mark Ford)

Continue Reading

Bahamas News

OVER 209,000 BAHAMIANS TO DECIDE NEXT GOVERNMENT IN TUESDAY’S GENERAL ELECTION

Published

on

Polls open nationwide as rallies, controversy and endorsements close heated campaign season

 

The Bahamas, May 11, 2026 – Temperatures across The Bahamas on Tuesday, May 12 are forecast to reach a high of 87 degrees Fahrenheit, with “feels like” temperatures expected to climb even higher — but the heat is not expected to disrupt the flow of voters to polling stations which open nationwide at 8 a.m.

More than 209,000 registered voters are expected to cast ballots in the country’s 2026 General Election, which will determine who forms the next government of the Commonwealth of The Bahamas.

Polling stations across New Providence, Grand Bahama and the Family Islands will remain open until 6 p.m., with all 41 House of Assembly seats being contested in what has become one of the country’s most energetic and closely watched election campaigns in recent years.

The governing Progressive Liberal Party and the opposition Free National Movement are fielding full slates of 41 candidates each, while the Coalition of Independents has emerged as a significant third-force movement with 40 candidates contesting seats nationwide.

Public schools throughout the country are closed Tuesday as many campuses are transformed into polling stations, while ballot boxes have already been dispatched to the Family Islands ahead of voting day.

The Parliamentary Registration Department has meanwhile reminded employers that registered voters are legally entitled to two hours off to vote in addition to their normal lunch break and has also issued guidance aimed at maintaining orderly conduct at polling locations.

The final days of campaigning transformed the country into a sea of rallies, motorcades, town halls and political events stretching from Exuma and Long Island to Abaco, Bimini, Eleuthera, Andros, Inagua and Grand Bahama.

The PLP closed its campaign with the message “Choose Progress,” arguing the Davis administration has strengthened the economy, expanded social support and advanced national development projects.

The FNM campaigned heavily on accountability, affordability and governance reform under the slogan “We Work for You,” while the Coalition of Independents sought to position itself as the country’s disruptive alternative with the declaration: “Change ain’t coming — change is here.”

The campaign season also drew international attention with former NBA player and businessman Rick Fox attracting celebrity endorsements from basketball legend Shaquille O’Neal, actress Vanessa Williams and reggae icon Buju Banton through widely circulated video messages.

Adding further unpredictability to the race are at least 13 independent candidates contesting seats across the country, including former Prime Minister Dr Hubert Minnis in New Providence’s Killarney constituency, former Cabinet Minister Frederick McAlpine in Grand Bahama’s Pineridge constituency and Leroy Major in Southern Shores on New Providence — all seeking to break through the dominance of the country’s traditional party structure.

Meanwhile, election officials faced controversy in the campaign’s final hours after confirming that fewer than 150 voters, around 1 percent of electors had been mistakenly omitted from the register but would still be allowed to vote Tuesday — a decision questioned publicly by FNM Leader Michael Pintard amid broader concerns over voter integrity and election procedures.

Despite the political tensions, election officials say preparations are complete.

By Tuesday night, Bahamians are expected to know whether the PLP secures a second consecutive term, whether the FNM returns to office, or whether independents reshape the country’s political landscape.

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

Continue Reading

Bahamas News

BAHAMAS RATING UPGRADE: A WIN—BUT NOT A FREE PASS

Published

on

The Bahamas, May 4, 2026 – With elections days away, The Bahamas has picked up a headline-friendly win: a credit rating upgrade.

Here’s the one-liner that matters most:

A higher rating can mean cheaper borrowing for the government—over time.

That’s the upside. When lenders see less risk, they demand lower interest. That can ease the cost of financing big projects and managing national debt.

But that’s only part of the story.

Moody’s Ratings has upgraded The Bahamas to Ba3 from B1, citing stronger fiscal discipline, improved liquidity and a more stable funding strategy. It also points to better tax collection, controlled spending and continued strength in tourism as key drivers.

Moody’s expects the government to maintain solid primary surpluses—essentially bringing in more than it spends before debt payments—and projects national debt to decline from 72.5% of GDP to around 68% by 2027.

That’s progress.

But here’s the reality check.

The Bahamas is still below investment grade. In plain terms, the country remains in speculative territory, meaning investors still see a higher level of risk compared to more stable economies.

Debt, while improving, is still elevated. And the economy remains heavily dependent on tourism—a sector that can shift quickly with global conditions, weather events or geopolitical shocks.

Even Moody’s signals that more work is needed. Further upgrades depend on:

  • sustained reductions in debt
  • improved debt affordability
  • and continued access to favourable financing

So while the upgrade reflects real gains, it is not a finish line.

It is a signal that the country is moving in the right direction—but must stay disciplined to keep that momentum.

For voters heading to the polls, the takeaway is simple:

The Bahamas has strengthened its financial position—but the fundamentals still need work.

The progress is real.

The challenge now is to make it last.

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

Continue Reading

Bahamas News

VOTES SAFE, SAYS PRD AFTER BALLOT BOX FIASCO VIDEO

Published

on

The Bahamas, May 4, 2026 – The Parliamentary Registration Department is assuring the public that ballots cast during advance polling remain secure, following a viral video that sparked confusion and concern in eastern Nassau.

The footage, widely circulated on social media, showed a tense scene outside Thelma Gibson Primary School, where party supporters surrounded election officials as a ballot box was escorted to a waiting vehicle under police guard. The confrontation—loud, chaotic and closely watched—left many questioning whether proper procedures were being followed.

In response, the PRD moved to clarify.

In an official statement, the Department said the transport of ballot boxes in the Elizabeth and Yamacraw constituencies was conducted in line with established protocol. It explained that once polling concludes, the Presiding Officer is required to return sealed ballot boxes to the Returning Officer, who—accompanied by a senior police officer—then transports them to the Parliamentary Commissioner.

The PRD said it is satisfied that Returning Officer Sonia Culmer adhered to those procedures and that the ballot boxes remained sealed at all times.

But that account has been challenged.

PLP Elizabeth candidate Jobeth Coleby-Davis has called for an urgent investigation into what she described as alleged irregularities involving ballot handling. She claims that established procedures were breached, including the movement of sealed ballot boxes without the presence of party observers, and is urging authorities to review the matter.

The competing accounts have added to public unease following scenes that saw supporters from multiple political parties crowding officials during the transfer process, demanding clarity on what was taking place.

Individuals clad in PLP shirts, including incumbent Coleby-Davis swarmed the returning officer, police officers and the ballot boxes.  The charge was the woman in the crosshairs of the accusations was connected to the opposition FNM party.

There was nothing to validate this claim and there is no confirmed breach reported by election officials.

Ballots cast during advance polling are expected to remain secured until Election Day, May 12, when they will be merged with ballots in their respective constituencies and counted as part of the official tally.

For now, the PRD is standing firm on the integrity of the process—even as calls for further scrutiny grow louder.

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

Continue Reading

FIND US ON FACEBOOK

TRENDING