Connect with us

Caribbean News

CIF GUYANA PUTS SPOTLIGHT ON TRANSFORMATIVE REGIONAL INVESTMENTS

Published

on

A clear vision for a transformed Caribbean and a roadmap to achieving it – that’s what attendees of the third edition of the Caribbean Investment Forum (CIF) 2024 came away with when the high level conference drew to a close on Friday, July 12, in Georgetown, Guyana.

Hosted by the Caribbean Export Development Agency (Caribbean Export), at the Arthur Chung Conference Centre, under the theme “Transforming Our Future, Empowering Growth”, the forum brought together over 450 delegates from 40 countries for three days of insightful presentations, strategic networking and intense negotiations.

Delegates explored the abundant investment opportunities and incentives in the Caribbean, particularly in the priority areas of green economy transition, the digitalization of Caribbean business, and sustainable agriculture.

Caribbean Export’s Manager (Ag), Competitiveness & Export Promotion, Natasha Edwin-Walcott, said, “The Caribbean Investment Forum delivered its promise to provide a platform for the public and private sector including investors, entrepreneurs and development partners to network and collaborate on ways to transform the region on the three focus areas.

Feedback from attendees and partners have been overwhelmingly positive. The event attracted over 450 delegates and facilitated more than 200 business meetings. The CIF brand is growing and we are excited by the partnerships established and the encouraging discussions held with development partners and other stakeholders.”

During his opening speech, newly appointed Executive Director of Caribbean Export, Dr. Damie Sinanan, spoke of the trail of devastation left in the wake of Hurricane Beryl and how its aftermath further proves the importance of the conference’s priority areas.

“With this one catastrophic event we have to ask ourselves some serious questions. Once again, how do we mitigate and adapt to those climatic impacts? How does this affect our ability to feed our people and how do our Caribbean people exploit opportunities presented by new technologies, innovation and connectivity to continue to do business in times of peril? That is why since 2022 Caribbean Export has championed these core areas and it is no different this year. We believe these areas portend the greatest potential for a transformative and resilient Caribbean region.”

In his wide-ranging keynote address detailing his vision for a transformed Caribbean, President of the Co-operative Republic of Guyana, His Excellency Dr Mohamed Irfaan Ali, told the packed conference hall, “Sometimes we are captured by our own size, size of population and size of market but there is nothing bigger than an idea, than innovation, than driving ideas, that can change the narrative and position us as a region of excellence and that is what we have to do. We have to go after innovation that will position us as a region of excellence, and a region of excellence requires innovative thinking, it requires investing in a knowledge economy, investing in our human resources, building the right and strong partnerships. These are the things that matter.”

The president also highlighted his country’s investment landscape, stating “Guyana offers generous and favourable fiscal investment incentives. Guyana is an open foreign currency market with low inflation and a stable financial system. In every single sector, we have outlined the investment opportunities that exist here in Guyana.”

Over the two days of high level discussions and presentations, delegates learned about investment and partnership opportunities that are addressing the region’s biggest challenges and promising transformative results.

Conference highlights included the U.S. Agency for International Development (USAID) reaffirming its commitment to the Caribbean and an announcement of US$28 million in funding to the Caribbean, including an extra US$1.45 million to expand the Economic Development Activator programme in Guyana, Suriname and Trinidad and Tobago. The announcement came on day two during the keynote address from USAID’s Deputy Administrator for Policy and Programming, Isobel Coleman, titled ‘Building Resilience Through De-risking: Unleashing Catalytic Capital and Public-Private Collaborations in the Caribbean’.

Representatives from the Inter-American Development Bank (IDB), CAF Development Bank, Regional European Union Delegation from the Caribbean and others, also reaffirmed the commitment of their individual organisations to helping the region develop in the three priority areas. Delegates learned more about the EU’s Global Gateway Strategy, and the IDB’s One Caribbean strategy.

The first day of activities featured, among other things, a keynote fireside chat on Building Tomorrow: Harnessing the Power of Green featuring the Chairman of CAG, The Carlyle Group, Dr. Gerrard Bushell, as well as a CEO Leadership Roundtable titled Caribbean Titans Unite: Fueling Resilience Through Bold Investments featuring Vice President of Citi Environmental & Social Risk Management, Ryshelle McCadney; Managing Director of Farfan & Mendes Ltd, Andrew Mendes; COO – Caribbean Office (Ag.) of African Export-Import Bank, Okechukwu Ihejirika; and Director of Global Business Development of Global Integrated FinTech Solutions, Dave Sahadath.

During the opening of the CIF 2024 Investment Village and Blitz, Advisor for Investment Promotion at the Caribbean Export Development Agency, Tonya Cummins, told attendees, “This initiative underscores our commitment to facilitating meaningful connections and fostering an ecosystem where investment can thrive. It is designed to not only highlight the projects but also to demonstrate the immense potential and readiness of the Caribbean to attract and sustain FDI…. Our goal is to create a robust environment that supports business growth, fosters innovation, and enhances the economic well-being of our member states.

The Investment Village featured an impressive array of private sector projects ranging from USD $500,000 to USD $16 million, collectively amounting to a total portfolio value of close to USD $50 million. The projects all fell under the sustainable agriculture and digital transformation thematic areas and included Project Kiem based in Suriname, Crazy About Organics Sustainable Farms based in the Dominican Republic, Transforming Caribbean Agriculture through Innovation and Sustainability based in St. Vincent & The Grenadines, HUBU Aquafarm Phase 2/3 Development based in Guyana, Prosperina Agtech based in The Bahamas, HealthApp Solutions based in Guyana, Orbtronics Innovation Hub based in St. Lucia and GUYIMEX International based in Guyana.

Delegates also heard presentations from the Carib Equity and United Nations Capital Development Fund (UNCDF), EU funded projects.

On the final day of conference activities, Grenada’s Minister for Climate Resilience, the Environment and Renewable Energy Ministry for Climate Resilience, the Environment and Renewable Energy, Kerryne James, joined the conference virtually for a ministerial spotlight on Fostering Sustainable Development Through Innovative Investment Strategies in the Caribbean: Opportunities and Challenges.

Later, delegates received a much anticipated update on the Ferry Project from His Excellency Ambassador Dr. Andre Thomas, Chairman & CEO of Pleion Group Inc, Parent Group of Connect Caribe. They also heard country presentations from investment agencies representing the Dominican Republic, Turks & Caicos, Trinidad and Tobago, Barbados, St. Kitts, Grenada, and Dominica, which were also well received.

In her closing remarks, Guyana’s Minister of Tourism, Industry and Commerce, Oneidge Walrond, described CIF 2024 as a resounding success.

“The government of Guyana is fully aware of the importance of this forum for the sustainable development of our Caribbean region. CIF has once again provided a dedicated space for global and regional interactions, many of which we hope to evolve into long-lasting partnerships and business relationships,” she said.

Continue Reading

Caribbean News

Browne Wins Fourth Term in Antigua & Barbuda Landslide

Published

on

Antigua & Barbuda, May 4, 2026 – Prime Minister Gaston Browne has secured a historic fourth consecutive term in office, leading the Antigua and Barbuda Labour Party to a commanding victory in the country’s snap general election held April 30, 2026.

Preliminary results show Browne’s party capturing 15 of the 17 seats in Parliament, tightening its grip on power and dramatically weakening the opposition.

The main opposition United Progressive Party was reduced to just one seat, held by its leader, while the Barbuda People’s Movement retained its single constituency in Barbuda.

The result marks a major political turnaround for Browne, whose party had won a much narrower 9–7 majority in the 2023 election before rebuilding support through defections and by-elections.

Voter turnout figures vary in early reports, with initial estimates indicating participation of around 35.8 percent, or roughly 22,700 voters out of more than 63,000 registered. However, broader election data suggests overall turnout may have exceeded 60 percent, reflecting steady engagement despite political tensions.

The election, called nearly two years ahead of schedule, was shaped by concerns over the cost of living, global economic pressures and fallout from U.S. visa restrictions linked to the country’s citizenship-by-investment programme.

Despite those issues, Browne campaigned on economic stability and continued development, pointing to a strong tourism recovery and ongoing infrastructure expansion.

The decisive victory now strengthens his mandate, but also raises questions about the future of the opposition, which faces internal challenges after significant losses at the polls.

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

Continue Reading

Caribbean News

FIGHT FOR CONTROL OF STEWART TOURISM EMPIRE PLAYS OUT IN COURTS

Published

on

May 4, 2026 – This is not just a family dispute.  It is a fight over control of a tourism empire.

At the centre is Adam Stewart, who has secured a series of legal victories across the region as challenges continue over the estate and leadership structure of Sandals Resorts International.

The multi-billion-dollar conglomerate was built by the late Gordon “Butch” Stewart, whose passing in 2021 set off a complex and ongoing dispute involving family members, estate arrangements and control of the business.

In recent rulings, courts in both The Bahamas and Jamaica have reinforced Adam Stewart’s position, effectively allowing him to continue leading the company while defending his role against legal challenges.

One key issue has centred on the interpretation of estate provisions, including whether defending his leadership could jeopardise his inheritance. The courts have ruled in his favour, clearing the way for him to maintain control without penalty.

For now, those decisions bring a measure of stability to one of the Caribbean’s most influential tourism brands.

But the matter is far from settled.

Multiple legal challenges and competing claims within the Stewart family remain active, meaning the future structure of the company is still being contested.

The implications stretch well beyond the courtroom.

Sandals operates across several Caribbean nations, including The Bahamas, Turks and Caicos Islands, Jamaica and Saint Lucia, making it a critical player in regional tourism, employment and investment.

Any uncertainty at the top of the organisation has the potential to ripple across economies that rely heavily on the brand’s continued expansion and stability.

For now, Adam Stewart remains firmly in charge.  He was named Executive Chairman of Sandals Resorts International in 2021.

Still, many are keen on the outcomes of ongoing litigation, as the battle over one of the Caribbean’s most powerful business empires is still unfolding.

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

Continue Reading

Caribbean News

Sandals and Beaches Women Master the Art of Hospitality Leadership  

Published

on

Montego Bay, Jamaica, April 22, 2026 — At Sandals and Beaches Resorts, leadership excellence is par for the course. This is increasingly evident as the Sandals Corporate University (SCU) continues to provide team members with extraordinary opportunities for higher education, growth and professional development.

Facilitated through the SCU, the programmes offered executive team members the opportunity to pursue advanced studies with Les Roches, an internationally recognised Swiss hospitality university accredited by the New England Commission of Higher Education (NECHE). Renowned for its comprehensive hospitality curriculum, Les Roches was also recently ranked #2 in the world in Hospitality & Leisure Management by the QS World University Rankings 2026.

The graduating group included EMBA recipients: Heather Effs, regional manager, entertainment – Sandals Resorts, Jamaica, Della John, general manager at Sandals Grande St. Lucian and Melissa Stacy Giddings, regional manager, entertainment in the Eastern Caribbean. Also graduating was Senior Wedding Manager at Sandals Royal Bahamian, Samaria Smith-Cooper who completed the EMIHM programme.

While studying for their degrees, the EMBA students were able to enhance their experience through immersive classroom learning, travelling to the Les Roches campuses in Switzerland and Dubai to participate in the institution’s Residential Weeks. Both weeks, which took place at the start and toward the end of the course, provided the leaders with opportunities for in depth academic exposure, training and collaboration with fellow students from around the world.

Reflecting on their experiences and their decisions to pursue higher education through the SCU, each graduate expressed long standing aspirations to further their education and earn their master’s degrees and extended gratitude to the SCU for making those dreams a reality.

John, who graduated with distinction, shared that it was a proud and emotional moment when she crossed the stage to collect her certificate. She recalled that while the programme was demanding, the opportunity to deepen her knowledge of the hospitality industry on a global level made the journey a rewarding one.

“Education has always been intrinsic to who I am. I believe we must continuously learn so we can grow in this industry where we serve and lead others. This programme allowed me to sharpen my tools as a leader while gaining a broader global perspective on hospitality and tourism. Collaborating with professionals from different countries and cultures was an incredible experience and it challenged me to think differently about the future of our industry,” she remarked.

“My journey continues as I will keep sharing what I have learned to strengthen our teams and our brand every single day.”

For Giddings, the opportunity to network, study with her colleagues and lean into the vastness of hospitality was all the motivation she needed to embark on her Les Roches journey.

“I thought to myself, this was my chance to learn, expand and grow with two women I highly admire and respect.”

She noted that the coursework itself was not without its challenges, but she recognised the value in pushing forward to earn her degree which would inevitably allow her to take the next step in her career.

“It is an investment in yourself. I feel a profound sense of achievement and confidence and I feel prepared and excited about the opportunities that lie ahead,” she added.

Smith-Cooper shared that the EMIHM programme was the perfect opportunity to discover what she was capable of. However, between  designing dream destination weddings for couples and navigating parenthood and life in general, she admitted that the undertaking was no small feat.

“One of my biggest challenges was balancing school with my everyday responsibilities at work, at home and in my personal life but this experience showed me that my capacity could grow.”

Despite the demands, she credits determination, self-belief and the encouragement of a strong support system for helping her see the journey through.

“Today, I feel proud, relieved, accomplished and more confident. This programme has helped to build my skills and prepare me for new responsibilities and future opportunities.”

Effs, who also earned her EMBA with distinction, regarded the experience as a transformative step in her professional journey.

“Pursuing this programme was truly a leap of faith for me. The coursework challenged me intellectually and professionally, but each module stretched me in the best way. I was constantly learning, applying and evolving.”

The regional entertainment manager also encouraged other team members to take advantage of the opportunities available through SCU.

“To anyone considering taking the next step through SCU, my advice is simple: take the leap of faith. Trust yourself. Tap into your superpowers. Growth begins the moment you step outside of your comfort zone. The journey may challenge you, but it will also transform you,” Effs added.

Speaking on the partnership with Les Roches, Senior Corporate Director of the SCU, Dr. Luz Longsworth expressed her appreciation for the calibre of hospitality training offered by the institution.

“Les Roches’ commitment to working with the Caribbean really impressed us and we were excited to take a team to Marbella to visit their campus and explore the possibilities for collaboration. The quality of the programme strengthens the capacity of our leaders to navigate the complex and ever evolving world of hospitality and it is highly relevant to the needs of our region,” she shared.

The Sandals Corporate University remains committed to empowering team members through world class training and educational opportunities. By investing in leadership development and professional advancement, SCU continues to equip its people with the tools needed to grow while helping to shape the next generation of hospitality leaders across the Caribbean.

Captions:

Header: SCU Grads 1: Regional Manager, Entertainment – Sandals Resorts, Jamaica, Heather Effs can’t help but strike a playful pose after crossing the Les Roches stage to collect her degree; and SCU Grads 2: Della John, general manager at Sandals Grande St. Lucia is snapped on stage with the Les Roches team at the graduation ceremony held in Switzerland.

1st insert: Senior Wedding Manager at Sandals Royal Bahamian, Samaria Smith-Cooper takes a quick selfie moment post-graduation.

2nd Insert: Melissa Stacy Giddings, regional entertainment manager for the Eastern Caribbean is all joy after completing the postgraduate programme.

Continue Reading

FIND US ON FACEBOOK

TRENDING