News

Govt gets $70 mil. Saudi loan for Exumas airport facilities

Govt gets $70 mil. Saudi loan for Exumas airport facilities

The government of The Bahamas signed a loan agreement with the Saudi Fund for Development (SFD) for $70 million, that will go toward funding airport infrastructure in the Exumas, a press statement released by the fund yesterday explained. Full Story: https://www.thenassauguardian.com/business/govt-gets-70-mil-saudi-loan-for-exumas-airport-facilities/article_85567a02-f344-57d6-8be3-55b94fa6636c.html

Bahamas Government Announces INNOVATE242 Partnership with Hub350 and Kanata North Business Association

Bahamas Government Announces INNOVATE242 Partnership with Hub350 and Kanata North Business Association

bahamas high commission – canada OTTAWA, ON, August 8, 2023 — The Government of The Bahamas is delighted to announce a major partnership with Hub350 and the Kanata North Business Association (KNBA). This collaboration forms a part of a broader vision to leverage technology and innovation to transform The Bahamas into a leading technology hub….

Starlink: A New Chapter for Connectivity in the Bahamas

Starlink: A New Chapter for Connectivity in the Bahamas

by Marcin Frąckiewicz in News, Satellite Internet, Starlink on 20 April 2023 The Bahamas, an archipelago of over 700 islands, is known for its breathtaking beauty, pristine beaches, and vibrant culture. However, despite being a popular tourist destination, the nation has long struggled with inadequate internet connectivity. The lack of reliable and high-speed internet has hindered the country’s economic…

Bahamian government travels to Kanata North for high tech inspiration

Bahamian government travels to Kanata North for high tech inspiration

A delegation from the Bahamian government braved one of the coldest days of winter in Ottawa in hopes of learning about what it takes to build a world-class technology hub.   Deputy Prime Minister and Minister of Tourism I. Chester Cooper, along with a large delegation of visitors, received a warm welcome from Kanata North’s tech park leaders,…

Record turnout for Run for Pompey, more than 300 run, walk and unite for Exuma

Record turnout for Run for Pompey, more than 300 run, walk and unite for Exuma

Under skies that dropped a soft spitting rain and ground packed with the pounding of rubber-clad feet, more than 300 men, women, teens and children took part in the 8th Run for Pompey, November 12. The event took place in Georgetown, Exuma, with festivities in Regatta Park and a race that took runners and walkers by…

Govt has approved over $1 bil. in Exuma investments, Cooper says

Govt has approved over $1 bil. in Exuma investments, Cooper says

Adequate funding now in place for airport, says DPM; highlights eight projects govt has approved BY: Chester Robards  The government has approved more than $1 billion worth of projects for Exuma and its cays, with one project alone worth $550 million, Deputy Prime Minister, Member of Parliament for the Exumas and Ragged Island and Minister…

Exuma’s growth ‘severely outstrips our infrastructure’

Exuma’s growth ‘severely outstrips our infrastructure’

By NEIL HARTNELL #Tribune Business Editor #nhartnell@tribunemedia.net #The deputy prime minister yesterday admitted Exuma’s growth has “severely outstripped the capacity of our infrastructure” with tourist arrivals 22 percent ahead of 2019’s record-breaking levels through to end-August 2022. #Chester Cooper, the local MP, told the Exuma Business Outlook conference that the pace of progress in outfitting its mini-hospital to…

Shortage of homes to sell on Exuma after COVID-19 real estate boom, says agent

Shortage of homes to sell on Exuma after COVID-19 real estate boom, says agent

By: Chester Robards for Nassau Guardian The COVID-19 real estate boom in The Bahamas has now driven up home prices in the Exumas and left realtors with a shortage of inventory, according to Island Living Real Estate agent Andre Bowe. Bowe said in a statement that there has been a “drastic uptick in demand” for…

Cyclists raise nearly $120,000 for local causes on Exuma

Cyclists raise nearly $120,000 for local causes on Exuma

On a warm Bahamian night, about 20 tourists gathered around the pool at one of Exuma’s many second homes. Amid colorful cocktails and soft island music, there is nothing seemingly unusual – they appeared to be just like millions of other tourists who flock to Exuma. However, this group was anything but typical. “How much money have we raised so…