Latest
- Supporting Food Security through Emerging Technologies
Supporting Food Security through Emerging Technologies Leveraging technology and local expertise for comprehensive food security solutions. FEWS NET, the Famine Early Warning Systems Network, was established in 1985 by USAID in response to devastating famines in East and West Africa to address the critical need for better and earlier warning of potential food security crises. It … Continued - Women’s health cannot wait
Women’s health cannot wait For too long, women have been forced to make decisions about their health care without the information they need. At a Foreign Policy event alongside the 79th United Nations General Assembly, BRIDGE Co-Chairs Ngawai Moss and Marie Teil joined Papa Seck (U.N. Women) to discuss women’s inclusion in data and research. … Continued - Redefining Public Health in the Age of Climate Crisis
Redefining Public Health in the Age of Climate Crisis The climate crisis leaves us with little choice: we need to radically rethink health and healthcare Image credit: Bilanol By Patty O’Hayer, Global Head of External Affairs, Reckitt Hurricane Milton, which swept through Florida last week, is the latest flashpoint in a broader crisis — the … Continued - Malaria and the Commonwealth – a moment of opportunity
Malaria and the Commonwealth – a moment of opportunity The critical role of the Commonwealth in overcoming the effects of climate change to get the malaria fight back on track. By the Honourable Khumbize Kandodo Chiponda, MP, Minister of Health for Malawi, and H.E. Dr. Armindo Daniel Tiago, MP, Minister of Health for Mozambique Commonwealth leaders … Continued - Concessional Financing Crucial for Energy Transition in Developing Nations
Concessional Financing Crucial for Energy Transition in Developing Nations How access to capital on favorable terms can accelerate the energy transition in low- and middle-income countries like Sri Lanka. By Chanaka Wickramasuriya, Chief of Party, USAID Sri Lanka Energy Program, Chemonics International Developing nations like Sri Lanka face significant challenges when it comes to the … Continued - India: The long arc of gender-led developmentIndia: The long arc of gender-led development While India’s progress towards gender equality has been significant, further investment in women and girls is essential for the nation’s future. By Darren Walker, President, Ford Foundation For India to unlock its full potential, significant, long-term investments in women and girls are essential. For generations, women across the … Continued
- Better Seed – Better Life
Better Seed – Better Life Plant Breeding Innovation Can Feed the World and Save the Planet. By Andy LaVigne, President & CEO, American Seed Trade Association (ASTA) Prolonged droughts, extreme floods, unpredictable temperature swings, and shifting pest and diseases patterns; are all challenges that put agriculture on the frontlines of the climate crisis. Yet against … Continued - Building sustainable health systems to manage the burden of NCDs
Building sustainable health systems to manage the burden of NCDs The convergence of climate change and a rising burden of non-communicable diseases (NCDs) threatens to undermine decades of progress in public health. These dual challenges require integrated solutions. By Pam Cheng, Executive Vice President, Global Operations, IT & Chief Sustainability Officer, AstraZeneca At the first … Continued - Atoms for Peace Means Atoms for Climate
Maria Korsnick, president and chief executive officer, Nuclear Energy InstituteCharles Oppenheimer, founder, Oppenheimer Project In 1953, in a world fractured by the Cold War and an escalating nuclear arms race, President Eisenhower delivered a speech called “Atoms for Peace” before the UN General Assembly, enlightening the public about the risks, hopes, and possibilities of a … Continued - Bird Flu Should Sharpen Focus on Poorest Farmers
By Surita Sandosham, President and CEO of Heifer International The world is undergoing the fastest-spreading and largest-ever outbreak of H5N1, the pathogenic subtype of avian influenza or “bird flu” that epidemiologists have long warned could spiral into the next pandemic. Today, more than 500 bird and mammal species globally have been infected. In the U.S., … Continued - Guatemala: Striding from crisis to a brighter future
After coming through the deepest institutional crisis of its history, Guatemala is preparing a strategy in order to start living up to its promise as Central America’s largest economy by reasserting its democratic principles and encouraging investment flows to unlock its full potential. Despite boasting macroeconomic stability, a strategic location, and a plethora of investment … Continued - The Time to Fight Antimicrobial Resistance is Now
The toll of superbugs capable of outwitting the current armory of treatments, including antibiotics, is accelerating. By Dame Sally Davies, Hemant Ahlawat, and Shyam Bishen The toll of superbugs capable of outwitting the current armory of treatments, including antibiotics, is accelerating. Antimicrobial resistance (AMR) is already the third leading cause of death globally, associated with 4.95 million premature deaths … Continued - Generative AI for the Public Sector: The Journey to Scale
Enhancing Productivity and Service Quality in Government with GenAI. By Boston Consulting Group Generative artificial intelligence (GenAI) has the potential to make governments much more efficient and effective. The impact of GenAI on the public sector will be significant. For instance, in our first article in this series, we revealed that the potential productivity improvements from GenAI … Continued - Atlantic Council Honors Bold Leadership and Shared Solutions
Amid NATO’s 75th anniversary, the 2024 Atlantic Council Distinguished Leadership Awards will recognize individuals working to shape responses to global challenges By Frederick Kempe, president and CEO of the Atlantic Council A globe once owned by Dwight Eisenhower now sits in the office of Gen. Christopher G. Cavoli, the supreme allied commander Europe. The shape of that globe … Continued - What Role for Natural Gas in the EU?
Lower gas demand is a win for the climate but comes with a heavy price for European industry and competitiveness By Dimitar Lilkov, Senior Research Officer at the Wilfried Martens Centre for European Studies in Brussels Talking seriously about energy and climate policies has become a tricky business in Brussels. Aspirational decarbonisation scenarios and emissions … Continued - Turn Your Anger into Action, Amal Clooney Tells Skoll World Forum Attendees
“I see evil and impunity, and it makes me angry,” human rights attorney Amal Clooney said Friday to an audience packed with activists, philanthropists and politicians in Oxford, U.K. “I say to students when I teach at law schools, ‘Make it actionable anger.’ If you feel angry when reading the news, turn that into action.” … Continued - Jordan’s First Female Power Executive
USAID’s Engendering Industries program supports partner Reem Hamdan to become the first woman power executive in Jordan’s history By Alec Jacobson, Communications and Learning Specialist for USAID’s Engendering Industries Program For centuries, the King’s Highway was a thriving trade route connecting the cities of Alexandria, Jerusalem, and Damascus. Today, it’s the slow road across Jordan. … Continued - Skoll World Forum Explores Using AI for Good, Countering Disinformation
Spreading antisemitism and anti-Muslim hatred. Encouraging self-harm among teenage girls. Live-streaming of terrorist attacks. Spreading lies about political candidates and misinformation about voting procedures. Social media and artificial intelligence-powered deep fakes have shown their downsides. Attendees at the Skoll World Forum on Thursday learned about how to fight back against the nefarious uses of technology … Continued - Threats to Democracy – and How to Fight Back – Take Center Stage at Skoll World Forum
How to fight back against growing authoritarianism, instability and other threats to democracy took center stage Wednesday at the Skoll World Forum at the University of Oxford. In a world rife with challenges from climate change to unchecked authoritarianism, and ongoing conflicts in Ukraine, Gaza, Myanmar, Haiti, Sudan and elsewhere, leaders at the Skoll World … Continued - Skoll World Forum Shines Spotlight on Climate Change and Indigenous Rights
It’s a bitter irony of climate change that those who have contributed the least to it – like indigenous people in the mountains of the Philippines, or community entrepreneurs in the Brazilian Amazon – often suffer most from its effects. They are also largely shut out of global policy making discussions about how to reduce … Continued - Global Challenges Meet Solutions as Social Innovators Convene at Skoll World Forum
Disinformation, rising authoritarianism, economic disparity and climate change will top the agenda this week at the 21st annual Skoll World Forum, where world leaders and social innovators will seek to solve the world’s most vexing problems. The Skoll World Forum, dubbed “Davos for the nonprofit set,” will draw 1,500 of the world’s top thinkers, influencers, … Continued - The Top Choice for Global Business
Canada’s business ecosystem ranks among the most versatile and thriving in the world. The country has emerged as a premier investment destination for global companies, trailing only the US in foreign direct investment (FDI), according to many international rankings. The right geography, the right economy Canada boasts a resilient and diversified economy that has weathered … Continued - Investing in the heart of Central Europe
Situated in the heart of Europe, Hungary represents a beacon of economic resilience and investment potential. From traditional manufacturing to cutting-edge technologies, Hungary provides a conducive business environment and a myriad of incentives, attracting both established corporations and budding entrepreneurs alike. With a GDP growth rate consistently outpacing that of the Eurozone, the country has … Continued - Shortlist for 2024 Lionel Gelber Prize nods to history, technology and economics
The shortlist for the 2024 Lionel Gelber Prize has been selected by an international panel of practitioners, journalists and scholars. This will be the 34th awarding of the prize, which honours the world’s best book on international affairs published in English. The winner of the prize receives a $50K award. Judith Gelber, chair of the Lionel Gelber Prize … Continued - Apply Weapon Systems Data to Maintain Superiority
What is the biggest challenge facing our military’s systems today? The U.S. Department of Defense has trillions of dollars worth of weapon systems in the sustainment phase of their life cycle. Many were designed in the 80s and 90s, yet our military will still need to rely on them for decades to come. As you … Continued - Global Chip Race Picks Up Speed Building Towards Quantum Economy
History has shown that the full scale of humanity’s most impressive technical achievements are not always recognized from the start. Look at the invention of the first transistor, the earliest computer program, or even the smartphone. What propelled these technologies to become mainstays of our everyday lives were the companies and individuals who recognized the … Continued - Expert international jury announced for the 2024 Lionel Gelber Prize
The Lionel Gelber Prize Board has announced the return of jury chair Professor Janice Gross Stein for the 34th awarding of the prestigious Lionel Gelber Prize. Stein is the Belzberg Professor of Conflict Management and the Founding Director of the Munk School of Global Affairs & Public Policy at the University of Toronto. Last year, … Continued - Generative AI for the Public Sector: From Opportunities to Value
By Boston Consulting Group (BCG) Key Takeaways Generative artificial intelligence (GenAI) can enable the public sector to improve productivity and service quality. BCG estimates the productivity value of GenAI at $1.75 trillion annually across national, state or provincial, and local governments. The new tools of generative artificial intelligence (GenAI) are fundamentally changing the nature of knowledge work, creating promising … Continued - Antigua and Barbuda: Gorgeous Caribbean country is upscale vacation destination
Just over 18 months ago, the stunning, sun-soaked and welcoming island nation of Antigua and Barbuda celebrated the red carpet being rolled out for its pristine collection of pink and white sandy beaches by global tourism chiefs as the country proudly became the newest — and 160th — member state of the United Nations World … Continued - America’s Choices in Ukraine
For much of the period following Russia’s invasion, the Biden administration has hoped to deal Moscow a strategic defeat in Ukraine. It has believed Washington can not only block Putin’s bid to seize Kyiv and end Ukraine’s NATO aspirations, but also impose such economic misery that Russians will come to rue the invasion, China will … Continued - How Carbon Markets are Supporting Communities in Colombia
Carbon is everywhere, and locally led carbon projects have the power to support communities’ sustainable development while contributing to global climate action and biodiversity conservation. With growing revenues in carbon markets, and a growing demand for countries and companies to address climate change with greater urgency, carbon markets have gained significant attention recently. The global community … Continued - Feeding the World Sustainably
The topic of fertilizers is not one that routinely lights up the room during conversations, if indeed it makes it into conversation at all. Unless we work in this industry or those adjacent to it, most of us have probably spent hardly any time at all considering fertilizer, and that’s no wonder – it can … Continued - Global Health Security at Stake
As trade ministers gear up for the 13th WTO ministerial conference in Abu Dhabi they confront a host of formidable multilateral challenges. From the climate crisis and environmental sustainability to food and energy insecurity, the global trading system is critical to providing solutions. Among these, global health security stands out as an overarching priority underscored … Continued - Pathways to Resilience in Hard Places
Last month’s World Bank and IMF Annual Meetings culminated in four Marrakech Principles to guide international assistance in the face of the lowest medium-term growth prospects in decades, and the specter of worsening climate change, disasters, conflicts, debt crises and extreme poverty. Named after the Moroccan city where the Annual Meetings took place, the principles … Continued - The Russian Bear in the Embrace of the Chinese Dragon
In mid-October, when the world’s eyes were on Israel and its preparation of the terrestrial military operation in the Gaza Strip, there were two other distinct pictures: Russian President Putin and Chinese President Xi Jinping meeting in Beijing to commemorate the tenth anniversary of the Belt and Road Initiative, and on the other side of … Continued - Becoming a truly exceptional destination
Malta received 2.3 million visitors last year, 83% of its pre-pandemic number. What were some of the factors that contributed to this quick recovery and has the sector continued to perform well in 2023? We planned ahead during the pandemic and launched a $22-million recovery plan with the primary goal of reestablishing connectivity — as … Continued - A country that delivers remarkable vacations
What is tourism’s role within the Maltese economy and what impact did the COVID-19 pandemic have on the sector? In 2019, the tourism sector in Malta witnessed a record year with remarkable achievements, experiencing a surge in number of visitors, bed nights and income. The sector has always been an important pillar for the Maltese … Continued - One of the best places in the world to visit
Malta should be at the top of tourists’ bucket lists say international travel experts like Forbes and Lonely Planet, both of which named the fabulous Mediterranean island nation as one of the best places in the world to visit this year. “Malta’s profile in the tourism world is rapidly gaining the strong reputation it truly … Continued - Enemed fuels Malta’s economic engine
Bearing responsibility for the import, distribution and wholesale of petroleum products, Enemed is key to the economy, as Kevin Chircop, Executive Chairman, details. How do you see Enemed’s role as Malta’s downstream petroleum company and what are its key objectives and achievements? Our primary role is to ensure the continuous flow of the nation’s energy … Continued - Opinion: Together We Can Increase Access to Medicines
By the IGBA CEO Advisory Committee Universal Health Coverage (UHC) can only be achieved when there is timely and affordable access to safe, effective and quality-assured medicines and health products for all, when and where they are needed. The United Nation’s Sustainable Development Goal 3 on good health and well-being for all, adopted by all … Continued - These Leaders Are Defining What It Means To Be a Global Citizen
Vladimir Putin’s war continues to rage in Ukraine. China is ratcheting up its efforts to construct an alternative world order. The climate crisis is increasingly unavoidable. The easy choice right now would be to turn inward and shrink from these challenges. A number of world leaders are doing just that. But there are other leaders … Continued - The Responsibility for Delivering Universal Healthcare Falls to Us All
Health is a linchpin of countries’ strength and reputation. Whether they are public or private leaning, focused on patient outcomes or experiences, well-being or longevity, healthcare systems are a key indicator of national prosperity and development. However, the pandemic and subsequent inflation crises have exacerbated patient demand and increased costs, putting unprecedented demand on … Continued - The Global Imperative for Nuclear Energy: A Bright Path Forward
By Maria Korsnick and Sebastian-Ioan Burduja Korsnick is president and chief executive officer at the Nuclear Energy Institute. Burduja is Romania’s minister of energy. As a global community, we are facing an increasingly urgent climate crisis while also experiencing a rise in demand for affordable, reliable, and clean energy. According to McKinsey’s Global Energy Perspective 2022, … Continued - ‘Singapore thinks ahead of time’
Amidst global economic uncertainty, one aspect remains unwavering: Singapore’s reputation as a secure hub for global business, capital, and wealth. If anything, recent geopolitical developments have only bolstered Singapore’s appeal. Consequently, Singapore is emerging as a magnet for family offices from both Asia and the West, drawing support from the Family Office Development Team – … Continued - Wildfire Smoke Underpins Need for Investments in Clean Air, Climate
The email from my daughter’s school said all outdoor activities were cancelled due to the air pollution. In Washington DC, where I live, and all up and down on northeast, the pollution was so bad that the sun only appeared as a small orange dot as it tried to penetrate the thick smoke from the … Continued - How a Paradise Island Became a Global Business Champion
In the vast expanse of the North Atlantic Ocean lies a tiny gem that packs a powerful punch: Bermuda. With its 21 square miles of pristine beauty, this self-governing British Overseas Territory is not only a breathtaking tourist destination but also a significant global jurisdiction for businesses seeking to serve global markets. Its strategic position … Continued - Rooting Out Systemic Corruption in Latin America through Partnership
Corrupt governance systems are a threat to democracy. They deprive people of much-needed public resources and services, weaken trust in institutions, distort decision-making in the interest of the few, and lead to deep citizen disengagement and apathy. Moreover, corruption disproportionately impacts groups that already tend to hold less power within these systems, such as women. … Continued - Balancing Between East and West
As the spectre of international polarization comes to the fore, and countries seek security in the familiarity of alliances and blocs, the foundations of the international order are being eroded before our very eyes. This unsettling reality, reminiscent of the Cold War era, is now imbued with unprecedented complexity as a plethora of actors, each … Continued - Defending Dollar Competitiveness
A Q&A with Jeremy Allaire, CEO, Co-Founder, and Chairman of the Board, Circle Why is the dollar’s status as a global reserve currency important for the U.S., along with our allies and trading partners? For nearly a century, the U.S. dollar has played a foundational role in global trade and commerce, built on open global … Continued - Reimagining the Future Organization
Amid high inflation, new geopolitical threats, the accelerating march of technology, and higher employee expectations, leaders need to fundamentally rethink how their organizations operate. Traditionally-defined jobs, hierarchies and organizational boundaries are no longer fit for purpose, especially in the post-pandemic era. In the past few years, millions of workers around the world have quit their … Continued - Spirit of the Caribbean thrives on innovation and robust economy
In the countdown to the beautiful and bold country’s 50th anniversary of independence in 2023, a bright new era dawned in the Bahamas. International visitors not only returned in droves to its vast range of upscale tourism offerings, but an economic diversification drive was launched by the pro-business government as the administration also unveiled an … Continued - Major maritime sector on the crest of a wave
Blessed with a strategic location between several continents and proximity to crucial transhipment lanes that serve a comprehensive range of global consumer, industrial and commodity markets, it is no surprise the Bahamas has established an experienced and efficient maritime sector that complements other segments of the transportation and logistics industries. Founded on centuries of seafaring … Continued - Passenger numbers up as aviation links boost islands’ accessibility
As the Bahamas’ enviable reputation as a picture-perfect getaway for a short-haul or long-haul escape all year round continues to grow, so does the number of ways to arrive, with new cruise itineraries and aviation routes bringing the country ever closer to more people than ever before. The latest aviation milestone was achieved in November … Continued - Infrastructure projects cultivate connectivity
Although blessed with a wonderful selection of natural assets, the size and spread of the Bahamas’ many islands, not to mention its vulnerability to powerful hurricanes and tropical storms, mean reliable and durable telecoms and transport infrastructure are of vital importance. As a disparate country with dozens of inhabited islands stretched across 100,000 square miles … Continued - Banking and financial services players shine
The financial services industry is considered the second pillar of the Bahamian economy, contributing about 15% of its GDP. Despite the pandemic, the country has maintained its status as a global financial leader, modernized key financial services legislation, and launched its digital currency: Sand Dollar. Issued in 2020, the Sand Dollar is the digital version … Continued - Digitalization decisive to success of services
To little fanfare slightly over three years ago, an exciting new government business unit was born with the aim of reducing red tape and bureaucracy to improve investor appeal, enhance competitiveness and improve access to many public services.The Department of Transformation and Digitization (DTD) strives to make “all major government services accessible on online platforms, … Continued - Core pillars of stability inspire true confidence
Years of economic, political and civil stability, along with a sound and well-established legal framework based on English Common Law, have allowed the Bahamas’ robust regulatory environment to flourish. The Central Bank of The Bahamas has worked hard to foster an environment of monetary stability conducive to economic development, and to ensure a stable and … Continued - Showcasing the very best of the Caribbean
Given its enviable reputation as an unmatched collection of welcoming paradise islands under a golden sun, the Bahamas’ tourism offering needs no introduction, with its popularity reflected in the rapid rebound in visitor numbers post-pandemic. Along with the wave of traditional vacationers seeking sun, surf and sand, the nation is enjoying an uptick in tourists … Continued - Investors guided every step of the way by BIA
The government’s proactive economic growth and development policies are guided by the Bahamas Investment Authority (BIA), which was formed to reduce bureaucracy for local and overseas investors. Phylicia Woods Hanna, the BIA’s Director of Investments discusses its work. PR: Please provide a brief introduction on the work of the BIA. PWH: We are a one … Continued - Sustainable tourism initiatives are the absolute priority
The Bahamas’ precious natural resources and diverse ecosystems make it an ideal vacation destination for visitors who enjoy and embrace sustainable tourism activities on land and water. With climate change a threat to natural wealth, it is now more important than ever before to preserve and protect the archipelago and to introduce initiatives that steer … Continued - Bahamasair earns its wings as proud flag carrier grows reach
Having taken to the skies for the first time half a century ago, Bahamasair Holding Limited continues to place passenger safety and reliability at its core, with the airline connecting not only island of the archipelago, but also offering international flights. Managing Director, Tracy Cooper, outlines his vision for the operator. PR: Please provide us … Continued - Margaritaville Beach Resort offers the cool vibe of the Caribbean
Margaritaville Beach Resort Nassau is a wonderland for young people and the young at heart. The stunning downtown hotel is close to artesian galleries, and museums, as General Manager, Craig Martin, explains. PR: What are your expectations for the tourism industry in 2023? CM: It will be a great year, overall. People want to travel … Continued - Cable Bahamas strikes gold in digital market
Under its famous REV brand, Cable Bahamas been servicing the entertainment and communications needs of Bahamians since 1995. Originally just a cable TV service provider the group now offers the best in broadband internet and fixed line and mobile services, as Franklyn Butler II, CEO of Cable Bahamas explains. PR: How did the pandemic impact … Continued - Transport sector shifts up a gear for growth
The government of the Bahamas is well aware of the importance of a healthy transport and maritime sector to national well-being, insists JoBeth Coleby-Davis, Minister of Transport and Housing. PR: As a key economy in CARICOM and a maritime gateway, the Bahamas is a prominent transport hub, please give usa brief overview of this vital … Continued - Experienced maritime body BMA has a steady hand on the tiller
The importance of the maritime sector to the Bahamian economy, cannot be understated, given that it is the third largest contributor to its GDP after tourism and the financial services sectors. Captain Dwain Hutchinson, Managing Director and CEO of the Bahamas Maritime Authority (BMA), is the respected figurehead at the helm of the key entity. … Continued - BFSB supports the key financial services sector
Renowned for its expertise in fiduciary services, the Bahamas has firmly established itself as the leading banking jurisdiction in the Caribbean, with the Bahamas Financial Services Board (BFSB) playing a key role in that success Tanya McCartney, CEO and Executive Director of BFSB, highlights some of her organization’s main goals and priorities for 2023 and … Continued - The Bahamas: the clear choice for international financial services firmsRenowned for its world-class expertise and deep experience and excellent efficiency in a range of fiduciary services, the Bahamas has firmly positioned itself as the best base in the region for banking and financial services players of all sizes and segments. In late 2022, the country notched up another success when it attained technical compliance … Continued
- Financial services sector in safe hands
Renowned for its regulatory excellence in line with the strict Securities Industry Act and Financial and Corporate Service Providers Act, the Securities Commission is at the forefront of developments across the financial services sector, as Christina Rolle, Executive Director, discusses. PR: What is your analysis of the economic outlook for the Bahamas in 2023 and … Continued - Insurance commission is industry guardian with protective gaze
The Insurance Commission of The Bahamas is an independent regulatory agency with responsibility for regulating all insurance activity in the country. It serves as the prudential and market conduct regulator, and provides ongoing monitoring and control of all domestic insurers (general, long-term), agents, brokers, salespersons, adjusters, underwriting managers and external insurers. Michele Fields, Superintendent of … Continued - ActivTrades blazes a trail for cutting-edge online trading services
Founded shortly after the start of the new millennium, ActivTrades is considered a pioneer in online trading. The award-winning global organization started off specializing in Forex, but has since expanded into exchange traded products (ETF), commodities, shares and Indices Contract for Differences (CFD). The firm’s Chief Commercial Officer, Chris Illing, tells us more about its … Continued - Leading law firm Higgs & Johnson celebrates 75 years of successCultivating a close working relationship that understands the importance of listening, sensitivity and responsiveness to clients has served Higgs & Johnson exceptionally well over three quarters of a century, as Oscar N. Johnson, Jr., K.C., Co-Managing Partner, explains. PR: What is the history of your firm and its strengths and competitive advantages? ONJ: Higgs & … Continued
- Bank of The Bahamas shows real resilience
Bank of The Bahamas, commonly referred to as BOB, is a full-service Bahamian bank providing innovative financial solutions for personal and corporate banking. Customers from all walks of life benefit from personal loans and mortgages as well as savings and checking accounts, term deposits, wire transfers, online banking, and prepaid cards, as Managing Director, Kenrick … Continued - Decades of experience build Deltec’s portfolio of financial solutions
For more than 70 years, Deltec Bank & Trust has been known as one of the Bahamas’ most reputable independent banks, collecting several awards along the way, including 2020’s ‘Best Private Bank in the Caribbean’ by Global Banking and Finance Review. CEO, Odetta Morton shares the secrets of their success. PR: Please provide a brief … Continued - Jet Nassau offers first-class aviation servicesWith the Bahamas an incredibly popular destination for the well-heeled stars of the corporate, entertainment and sports worlds, demand for private aviation services is at its strongest level for years. Boasting three decades of experience, the country’s leading provider of such important services is Jet Nassau, whose General Manager, Charles Bowe, tells us about its … Continued
- Bold and ambitious transformation attracts array of global giants
Having punched well above its weight for several decades and making long-lasting impressions in diverse and competitive international markets, Wales’ economy is riding high despite the challenges triggered by the U.K.’s departure from the EU. The proud and ambitious country of three million people is no stranger to adversity and a strong part of its … Continued - Unlocking firms’ rich potentialStanding tall as the U.K.’s largest regional small to medium-sized enterprise (SME) investment entity, the Development Bank of Wales is dedicated to promoting Welsh industry and commerce, meaning it plays an integral role in shaping the future of thousands of businesses. Despite being formed only five years ago, the bank has already provided valuable support … Continued
- Track record of success in range of sectors woos FDI
FP: Wales is positioning itself to grow into new research-driven industries and Trade & Invest Wales — an arm of the Welsh Government — has been key in helping set this up. What core pillars does the economy sit on and how is the nation preparing to enter a new era of industry? AG: We … Continued - Strong trade ties with the U.S. set to shift up a gear
The importance of robust U.S.-Wales trade ties to the latter’s economic health and well-being is illustrated clearly by official data which shows how the export of Welsh goods to its large trade partner totalled $2.6 billion in 2021. Goods making the return journey across the Atlantic last year were at a similar level, reaching $2.5 … Continued - Equity investment offers alternative funding path
The Development Bank of Wales has enjoyed a tremendous period of growth and runaway success that has seen the five-year old entity soar into the top five rankings of the leading equity investors in the U.K. in terms of the number of transactions recorded. The group manages more than a dozen separate funds and business … Continued - Stepping up to the sustainability plate via green project portfolioGiven its extensive natural resources including a lengthy coastline and frequent gusts of wind, Wales is at the forefront of the U.K.’s sustainability drive and the transition to net-zero. The Development Bank of Wales is among the leading organizations helping to generate a lean and green Welsh economy and ensure the country plays a key … Continued
- Wales’ universities offer excellent learning climate
FP: What are the core strengths of the Welsh higher education system and where do you see it fit competitively internationally? AW: We are fortunate in Wales to have a rich and diverse group of universities, each bringing their own strengths and areas of expertise and delivering impactful change. Partnership and collaboration underpins our approach, … Continued - Wales earns reputation as robust life sciences hub
FP: Why has the life sciences sector grown so much in the last decade, and what kind of niche capabilities does it now feature? CQ: The life sciences sector in Wales employs around 12,500 people and has contributed $2.4 billion. In recent years, the sector’s contribution has continued to grow, which has been absolutely fantastic. … Continued - Stunning scenery attracts tourists from far and wideFrom the soaring peaks of Snowdonia in the north, to rugged coastlines in the west and the cosmopolitan, bustling city of Cardiff in the south, Wales’ tourism attractions cover a broad spectrum of places and interests that appeal to visitors of all ages. With an extremely rich history, heritage and traditions, the welcoming country offers … Continued
- Iceland, the creative island
Iceland’s creative output is on a remarkable scale across a range of fields. Despite a comparatively small population of just 375,000 people, some of the world’s most innovative contemporary artists and musicians hail from Iceland. Coupled with the country’s massive success as a film location, this translates to a considerable representation in today’s global culture. … Continued - Original green solutions of global relevance
Ideal natural conditions coupled with outstanding technological prowess led to Iceland’s self-sufficiency in electricity and heating. Hydro-electric and geothermal technology are the cornerstones of this success, and the government’s focus on R&D and pro-business mindset make it the ideal place to invest in new green solutions of global relevance. Iceland’s economy has recovered well from … Continued - Building a top of mind country brand
In the ongoing transformation of Iceland into an innovation powerhouse capable of punching well above its weight, Íslandsstofa – Business Iceland, plays a central role. CEO Pétur Þ. Óskarsson shares the roadmap for where Iceland is headed next. A public-private partnership established to improve the competitiveness of Iceland’s companies internationally and stimulate exports, the organization … Continued - Nurturing Icelandic ingenuity
Iceland’s reputation as an emerging champion of innovation and new technologies has been hard earned. The economy, which for much of the 20th century relied heavily on fishing, had diversified into manufacturing and services, with burgeoning sectors such as software and biotech, along with tourism. But the economic slump that followed the default in late … Continued - University’s research-driven innovation boosts Icelandic business
Founded in 1911, the Reykjavík-based University of Iceland (UI) is the country’s oldest and largest, but today stands out as a promoter of innovation more than ever. Its Rector and President, Jón Atli Benediktsson – a professor of electrical and computer engineering – sees UI’s focus on research as key to its future and that … Continued - Namibia: Africa’s best-kept secret
Last year, Namibia’s gross domestic product (GDP) rose by 2.4% to reach $12.4 billion — an encouraging signal that the remarkable nation, lying near Africa’s southern tip, is bouncing back from a four-year-long recession. It’s a return to form for the vast but sparsely populated country of just 2.5 million people that only gained independence … Continued - Building a conducive framework for foreign direct investment
Namibia drew in robust inflows of foreign direct investment (FDI) from 2000 to 2015, a year when $888 million went into sectors like mining, financial services and manufacturing. When its economy slowed down from 2016, however, so did investor interest. “As a result, we decided to be more proactive in attracting FDI and, in 2021, … Continued - Endless horizons, jaw-dropping landscapes
With its iconic red dunes, vast, unspoiled terrain, robust road infrastructure and low crime rate, Namibia has seen its tourism industry grow significantly in the last two decades. Prior to the pandemic, the sector accounted for 14.7% of gross domestic product, employed 15.4% of the total workforce, and provided a high-quality, welcoming and unforgettable experience. … Continued - The dream location for film production
“Very successful movies have been filmed in Namibia, such as Mad Max and Angelina Jolie’s Beyond Borders, and we want to bring more top Hollywood productions to our country,” declares Nangula Uaandja, CEO, Namibia Investment Promotion and Development Board. Stanley Similo, director general of the Namibian Broadcasting Corporation (NBC), sums up why the stunning nation … Continued - Namibia has arrived on the oil and gas scene
Namibia may have hit the oil jackpot this year, when its state-owned National Petroleum Corporation of Namibia (NAMCOR) announced that two world-class hydrocarbon discoveries had been made in deep waters off its southern coast. Both discoveries involve high-quality light oil and count among the top 20 most-significant discoveries in sub-Saharan Africa for many years. Both … Continued - Diamonds: A sparkling case study for responsible mining
Almost 62% of all foreign investment in Namibia is directed to extracting the wealth of minerals in its soils and waters. “Mining currently contributes 10% of our gross domestic product (GDP) and it’s a growing sector,” says Tom Alweendo, Minister of Mines and Energy. “The minerals we’ve traditionally produced the most are diamonds, gold and … Continued - The new hub for green hydrogen and logistics
Namibia is moving quickly to become a global player in green hydrogen. In 2021, a tender for its first large-scale hydrogen project was won by Hyphen Hydrogen Energy, a joint venture between investment company Nicholas Holdings and German renewables developer Enertrag. The initial phase of this $9.4-billion development should go online in 2026 and it … Continued - Banks: Strong, trusted partners for growth
Resilient, liquid and profitable, Namibia’s banking sector contains eight institutions. One of them, Standard Bank Namibia, has supported the nation’s development for over 100 years. “Namibia is our home and we drive its growth,” asserts CEO Mercia Geises. A top-three bank by market share, Standard Bank Namibia has substantial client bases across personal, corporate investment, … Continued - Making the desert bloom
The overriding mission of some of Namibia’s most pioneering businesses is socioeconomic development. A prime illustration is AvaGro, a precision-farming innovator that is boosting food security and value in agriculture — a sector that contributed around 6.7% to the country’s gross domestic product over the last two years and supports the livelihood of about 70% … Continued - From a Splintering Net to Digital Solidarity
By Kent Walker, President, Global Affairs, Google In 1996, Grateful Dead lyricist (and internet philosopher) John Perry Barlow penned his Declaration of the Independence of Cyberspace, characterizing the internet as a utopia where “all may enter without privilege or prejudice accorded by race, economic power, military force, or station of birth.” Addressing governments, he wrote: … Continued - Global Change Requires Local Leadership
Mert Tangonan was stuck. It was 2017, and Tangonan, a native of the Philippines, wanted to persuade the country’s largest banks to accept digital payments. With 99% of the transactions conducted in cash or checks across the nation’s 7,000 islands, the banks had little incentive to dive into the digital world. Tangonan at the time … Continued - Facilitating the Development of SMEs and Entrepreneurs
Established in 1992, Bahrain Development Bank (BDB) is playing a crucial role in nurturing the country’s economic growth and assisting its recovery from the pandemic. The national development bank is exclusively focused on encouraging and developing Bahrain’s small- and medium-sized enterprises (SMEs) and entrepreneurs through a variety of financial services that are specifically tailored for … Continued
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