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CANADIAN HIGH COMMISSIONER LEADS LARGE TRADE MISSION TO THE BAHAMAS

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NASSAU, BAHAMAS – 21 February 2025 – His Excellency Mark Berman, High Commissioner of Canada to Jamaica and The Bahamas, will lead the Canadian delegation headed to the Canada-Bahamas Innovation Trade Mission from February 26-28, 2025, in Nassau. Hosted by the Government of The Bahamas in partnership with the Government of Canada, the Bahamas Chamber of Commerce and Employers Confederation (BCCEC), this trade mission will deepen commercial ties and unlock new economic opportunities between the two nations.

“I am honoured to lead one of Canada’s largest delegations of Canadian companies to The Bahamas for this Trade Mission,” said High Commissioner Berman. “Expanding trade and investment in this region not only benefits Canadian businesses but also drives job creation and economic growth for Bahamians. Strengthening our economic ties is a win-win for both nations.”

This will be High Commissioner Berman’s first official working visit to The Bahamas since presenting his credentials last year. The trade mission underscores Canada’s commitment to fostering stronger economic and diplomatic relations with The Bahamas, Canada’s second-largest trading partner in CARICOM.

Opportunities for Canadian Businesses

Bringing together over 40 business leaders from 18+ Canadian companies and organisations, this trade mission is designed to support export-ready Canadian businesses—including diverse exporters—looking to establish and expand their presence in The Bahamas and the wider Caribbean region.

Participating Canadian companies will engage in high-level networking sessions with Bahamian business and government leaders, gaining direct access to key decision-makers. They will benefit from market briefings, industry overviews and roundtable discussions with trade commissioners, senior government officials, and local industry representatives, providing insights into the Bahamian market. Additionally, pre-arranged business-to-business (B2B) meetings will facilitate potential partnerships.

The trade mission will feature companies from a range of priority sectors where Canada holds a competitive advantage. These include agri-food and agri-tech, clean technologies and clean energy, fintech, tourism and hospitality investment, and academic partnerships, reflecting key areas of mutual interest between Canada and The Bahamas.

Strengthening Canada-Bahamas Relations

In addition to business development, High Commissioner Berman will engage with Bahamian stakeholders on shared priorities, including climate change, clean technology, and advancing women’s leadership and entrepreneurship.

As part of Canada’s global SheLeadsHere campaign on gender equality, he will appoint five Bahamian young leaders as SheLeadsHere advocates and recognise three industry leaders as leading Women in Energy, further reinforcing Canada’s commitment to empowering women in key industries.

Canada-Bahamas Relations

Canada and The Bahamas share strong diplomatic, trade, and people-to-people ties, built on decades of economic collaboration, education partnerships, and cultural exchanges. Canada is a major investor in The Bahamas, particularly in financial services, tourism, and infrastructure, and remains committed to expanding bilateral trade and investment opportunities. The Bahamas is Canada’s second largest trading partner within CARICOM, with bilateral merchandise trade amounting to $295 million in 2023 ($284.5 million exports; $11 million imports); bilateral trade in services amounting to $528 million in 2022 ($313M exports; $215M imports). Canadian direct investment, primarily by Canadian banks, constitutes the pillar of our commercial relations and amounted to $27.1 billion in 2022. Canada’s expertise in renewable energy, clean technology and infrastructure can provide effective solutions to the reconstruction needs of The Bahamas.

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New GPS Evidence Prompts Fresh Search for Missing American Woman in Abaco

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ABACO, BAHAMAS — Nearly two months after American sailor Lynette Hooker vanished in waters off Abaco, investigators are preparing to conduct a new search based on GPS and navigation data that reportedly challenges the account originally provided by her husband.

The case, which first drew international attention in early April, began when Brian Hooker told authorities that his wife was swept away after falling from an inflatable dinghy during rough conditions in waters near Elbow Cay.

Initial search efforts involving Bahamian and U.S. authorities covered extensive areas of the Sea of Abaco but failed to locate the missing Michigan woman.

Now, according to multiple U.S. media reports, investigators have obtained electronic navigation and GPS data that appears to place the couple’s dinghy in a different location from where searchers initially concentrated their efforts.

The new information has prompted authorities to reopen search operations and seek permission for divers to examine a more targeted area of the Sea of Abaco.

Unlike the broad search that followed Hooker’s disappearance, the renewed effort is expected to focus on a relatively shallow section of water, reportedly about 25 feet deep. Investigators believe the location may offer a better opportunity to recover evidence and potentially answer lingering questions surrounding the disappearance.

The latest development marks a significant shift in the investigation.

What began as a maritime search-and-rescue operation has evolved into a complex multinational investigation involving Bahamian authorities, the United States Coast Guard and the Federal Bureau of Investigation.

Brian Hooker was detained and questioned by Bahamian authorities following his wife’s disappearance but was later released without charges. While investigators have never publicly accused him of a crime, reports indicate he remains a person of interest as authorities continue to examine the circumstances surrounding the case.

Hooker has repeatedly denied any wrongdoing and has maintained that his wife accidentally fell overboard.

The investigation has intensified in recent weeks. U.S. authorities have reportedly seized the couple’s sailboat, Soulmate, transporting the vessel to Florida for forensic examination. Investigators are said to be reviewing onboard electronics, digital records and other potential evidence as part of the ongoing inquiry.

The case has also attracted attention from Lynette Hooker’s family, who have continued to press for answers and support efforts to locate her.

The renewed search comes after Brian Hooker returned to the United States following the disappearance. Reports indicate he cited family reasons, including concerns about his mother’s health, for leaving The Bahamas.

For investigators, however, the focus now appears fixed on the newly identified search area and the electronic evidence that led them there.

Whether the latest operation produces answers remains to be seen. But nearly eight weeks after Lynette Hooker disappeared in the waters of Abaco, authorities believe new technology and new information may finally provide a clearer picture of what happened that night.

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Nassau Opens CDB Annual Meeting at Baha Mar This Week

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NASSAU, BAHAMAS — Regional policymakers, development financiers, economists and international partners are converging on Nassau this week as the Caribbean Development Bank (CDB) stages its 56th Annual Meeting at the Baha Mar Resort from June 1-5, 2026.

Held under the theme, “Forging the Caribbean’s Future: Strategic Solutions for Uncertain Times,” the gathering is expected to place The Bahamas at the center of discussions on some of the region’s most pressing challenges, from climate resilience and energy security to debt sustainability and economic growth.

At the launch of the annual meeting on March 19, CDB President Daniel Best underscored the importance of bringing together leaders from across the Caribbean and beyond at a time of global uncertainty.

“The Annual Meeting provides a strategic moment for the Caribbean, an opportunity for our leaders, governments, development institutions, private sector, youth, and international partners to come together to identify practical solutions that can help the Region navigate uncertainty while unlocking the opportunities that lie ahead,” Best said.

The conference host, newly named Bahamas Minister of Finance and Chairman of the CDB Board of Governors, Michael Halkitis, also emphasized the significance of the event during the March 19 launch ceremony.

“Today’s gathering marks more than the start of preparations for an important meeting. It represents the beginning of a renewed conversation about the future of the Caribbean, about our shared aspirations, our common challenges, and the partnerships that will shape the path forward for our region,” Halkitis said.

He added: “Hosting the 56th Annual Meeting of the Caribbean Development Bank here in Nassau provides an important opportunity to strengthen partnerships and advance meaningful dialogue on the future of the Caribbean.”

Over the five-day meeting, delegates will tackle major issues including energy transition and resilienceinnovative debt solutions for Caribbean economies, and the impact of global economic shocks on regional development.

The programme features a number of high-level events including the Youth FIRE Forum, the William G. Demas Memorial Lecture, the President’s Chat titled Financing the Future: MDB Strategies for Uncertain Times, and a series of policy seminars examining climate finance, infrastructure, economic resilience and development lending.

Among the featured participants are CDB President Daniel Best, Finance Minister Michael Halkitis, senior officials from multilateral development banks, regional finance ministers, central bank governors, economists, development specialists and private-sector leaders. The President’s Chat is expected to bring together leaders of major multilateral development banks to discuss financing strategies for developing states facing mounting economic pressures.

The annual meeting also includes sessions branded “EDGE X by CDB: Analytics Unlocked,” which will explore the economic costs of traffic congestion in the Caribbean and how global crises continue to affect regional economies.

The CDB Annual Meeting traditionally attracts representatives from the Bank’s 28 member countries, including government ministers, senior public officials, development agencies, international financial institutions, youth delegates, academics and private-sector stakeholders. Hundreds of delegates are expected to participate in discussions that will help shape development priorities and financing strategies across the Caribbean in the years ahead.

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

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

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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.

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