Connect with us

Bahamas News

GB Ministry creating “one-stop shop” for business development; entrepreneurs urged not to wait until the entire commercial scope comes into view to prepare…

Published

on

By ANDREW COAKLEY

Bahamas Information Services

 

 

 

FREEPORT, Grand Bahama, The Bahamas — Minister for Grand Bahama, the Hon. Ginger Moxey is convinced that the ideals and objectives of the UB Ignite Program are perfectly aligned with the ideals and objectives of the Ministry for Grand Bahama, when it comes to providing investment opportunities and preparing Grand Bahamians to take advantage of such opportunities.

In fact, Minister Moxey says when she considers UB Ignite and Innovate 242, what comes to mind are all of the possibilities that exist in Grand Bahama with over $2B of investment taking place.

“I think all of it ties into UB Ignite and its overall objectives,” added Ms. Moxey. “We are aligned. I see us partnering and working together to ensure that our people are able to take advantage of all of the opportunities that’s happening on Grand Bahama Island right now.”

Minister Moxey was the keynote speaker at the opening ceremony for the UB-North Innovation Summit 2024 at Grand Lucayan resort on Saturday, November 16, 2024, which was conducted by the University of The Bahamas.

The opening ceremony was a part of a two-day Summit that was geared towards attracting upstart, innovative businesses throughout Grand Bahama.

Under the theme “breaking boundaries through technology and innovation,” this year’s summit focused on Artificial Intelligence and its effect on today’s business environment.

In her address at the opening of Innovate 242, the Minister for Grand Bahama noted that while there are many opportunities for business, innovative approaches to business ideas and the launch of possible new business models are coming on stream, the key to taking advantage of open doors will be preparation.

She encouraged UB students, young entrepreneurs and prospective innovators not to wait until the entire scope of possibilities is revealed before they begin preparing for opportunities.

“You have to prepare for all of this from now,” she advised. “You can’t wait until it’s here to begin planning, because it will be too late. There are going to be opportunities for everyone.”

Minister Moxey pointed out that Grand Bahama has seen a dramatic drop in its population over the years due to many things, including the destruction of hurricanes. She noted that Grand Bahama used to have a population of between 55,000 to 60,000, but now it’s down to a population of about 47,000.

“We’ve lost a lot of people,” she admitted, “but a lot are coming back home now because of the many developments happening and the opportunities opening back up.

“Consider, property values on Grand Bahama Island are among the best in the country. We have to recognize that.  Real estate on GB is through the roof.  We have to also recognize who’s buying these properties – foreigners and even people from Nassau are buying the properties.  But I encourage Grand Bahamians to take advantage of what we have happening right now.”

The Minister specifically pointed to some of the investments in the pipeline or currently under way in Grand Bahama, inclusive of the $665 million Grand Bahama Shipyard expansion, the $600 million Celebration Key Cruise Port, the $210 million Freeport Health Campus, the $73 million Lawithon South Riding Point development, the $250 million Six Senses Resort, and the $80 million Royal Caribbean MSC/ITM Cruise Port.

“All of the investments are real,” she said. “It’s not pie in the sky. It’s happening now. So, I want you all to prepare to take advantage of all that’s happening. To me, it ties into why we are here as entrepreneurs and innovators. That’s what we have to be; we have to be innovative in the way we do things.”

The Grand Bahama Minister pointed out that as Cabinet Chair of an initiative called Innovate 242, her role is to help to establish The Bahamas as the center of innovation for the Caribbean and for Grand Bahama to become the center for sustainability.

“Why not Grand Bahama? We’ve been through it all. We are the home of resilience. I think we can teach a thing or two when it comes to sustainability and resiliency.  We are the model for climate change in the region.  So, why not take advantage of that?”

To assist entrepreneurs and innovators, Minister Moxey said that her Ministry is creating a “one-stop shop” for business development. The objective is to assist entrepreneurs with their idea from concept to launch. Within that one-stop shop will exist representatives from all of the relevant agencies needed to start a business, including representatives from the Grand Bahama Port Authority, Invest Grand Bahama, Inland Revenue, Small Business Development Center, Bahamas Development Bank, BAIC, and Venture Capital Fund.

She added that the Business Incubator will also have incubation spaces for businesses, as well as rooms that will be sponsored by some of the major international organizations on the island, and will be used for workshops and meetings.

 

PHOTO CAPTION

Minister for Grand Bahama, Hon. Ginger Moxey was the keynote speaker during the opening of the UB-North Innovation Summit 2024 at Grand Lucayan resort on Saturday, November 16, 2024.

(BIS  Photo/Andrew Miller)

Bahamas News

Afreximbank Annual Meetings Return Next Month; Caribbean Links Remain in Focus

Published

on

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.

Continue Reading

Bahamas News

UN Reports Ebola Outbreak Expands in DRC; Bahamas Monitors Two Recent Arrivals

Published

on

The Bahamas, May 29, 2026 – The Ebola outbreak in the Democratic Republic of the Congo (DRC) continues to expand, with United Nations officials now warning that the disease has spread across multiple eastern provinces and become the third-largest Ebola outbreak on record.

According to the UN Office for the Coordination of Humanitarian Affairs (OCHA), as of May 26 the outbreak had reached 13 health zones in Ituri, North Kivu and South Kivu provinces. More than 1,000 suspected cases have been reported, including 121 confirmed infections and 17 deaths. Six healthcare workers are among those who have died.

The United Nations says humanitarian teams remain actively engaged in treatment, surveillance, community outreach and disease containment efforts. However, the response is being complicated by insecurity, population movement and restrictions affecting the delivery of supplies and personnel.

While the outbreak remains confined to Africa, authorities in The Bahamas recently activated emergency health protocols after two men who had spent time in the Democratic Republic of the Congo arrived at Lynden Pindling International Airport aboard a British Airways flight.

The Ministry of Health confirmed the travelers were isolated after presenting low-grade fevers upon arrival on May 22. Officials later reported that the fevers subsided and neither individual displayed symptoms consistent with Ebola Virus Disease.

The two men, identified as a British national residing in Australia and a French national, were transferred to the Modular Unit at Princess Margaret Hospital for continued monitoring.

Health officials emphasized that there are currently no confirmed Ebola cases in The Bahamas and assessed the risk to the public as low.

Still, the growing outbreak overseas has prompted increased vigilance. Health Minister Dr. Michael Darville said the government is reviewing whether additional travel measures may be necessary for countries affected by the outbreak.

The United Nations this week announced up to US$60 million in emergency funding to support the Ebola response in the Democratic Republic of the Congo and neighboring countries, warning that rapid action remains critical to preventing further spread.

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

Continue Reading

Bahamas News

Gardiner Transferred to New York; Mystery of Missed Hearing Now Explained

Published

on

The Bahamas, May 29, 2026 – One of the biggest questions surrounding the Jonathan Gardiner case appears to have been answered.

Weeks after reports surfaced that the Bahamian businessman failed to appear for an expected court hearing in Orlando, newly disclosed court records show the hearing never took place because Gardiner elected to have the matter heard in New York, where federal prosecutors are pursuing the case against him.

According to reporting by the Nassau Guardian, U.S. Magistrate Judge Nathan Hill ruled on May 19 that Gardiner was the person named in the federal arrest warrant and ordered that he be transferred to the Southern District of New York.

“…I find that Jonathan Eric Gardiner is the person named in the warrant for arrest…,” Hill wrote.

The judge noted that no preliminary hearing was conducted in Florida because Gardiner chose to have that hearing held in the district where the prosecution is pending.

That district is New York.

Hill ordered that Gardiner “be held to answer in the district court in which the prosecution is pending” and directed the U.S. Marshal’s Office to transport him to the Southern District of New York.

No date for a New York court appearance was disclosed in the order.

The development helps explain confusion that followed reports of a missed Orlando court date and marks the latest chapter in a case that has captured public attention in both The Bahamas and the United States.

Gardiner first came to the attention of U.S. authorities after surviving an Election Day plane crash off the Florida coast. Federal prosecutors have accused him of participating in a cocaine trafficking conspiracy, allegations he is expected to contest in court.

The matter has attracted even greater scrutiny because federal court documents reference an unnamed “Politician 1”, fueling widespread public speculation about the identity of the individual and whether additional disclosures could emerge as the case progresses.

Meanwhile, a separate investigation has uncovered troubling findings about the aircraft involved in the crash.

According to reporting by The Tribune, investigators say the Panamanian-registered aircraft that ditched into waters off Florida on May 12 did not possess a valid certificate of airworthiness and should not have been operating at the time of the flight.

That revelation has added another layer of intrigue to an already extraordinary case involving a dramatic ocean rescue, a federal drug conspiracy prosecution, political speculation and now questions about how an allegedly unairworthy aircraft was carrying passengers between Bahamian islands.

For now, attention shifts to New York, where Gardiner’s next court appearance is expected to provide the first substantive hearing in a case many continue to watch closely.

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

Continue Reading

FIND US ON FACEBOOK

TRENDING