At CHOGM 2026, President Bio Engages Business Leaders on Investment and Economic Growth

President Dr. Julius Maada Bio joined King Charles III, Heads of Government and international business leaders at the official opening of the 28th Commonwealth Heads of Government Meeting (CHOGM 2026) in St. John’s, Antigua and Barbuda, on Tuesday, November 3, 2026, where discussions focused on strengthening economic cooperation, attracting investment and promoting sustainable development.

The high-level summit, held under the theme, “Accelerating Partnerships and Investment for a Prosperous Commonwealth,” brought together representatives of the Commonwealth’s 56 member countries to explore practical solutions to economic, environmental and development challenges affecting approximately 2.7 billion people.

President Julius Maada Bio expressed satisfaction at participating in the opening ceremony, commending Prime Minister Gaston Browne, the Government and people of Antigua and Barbuda for successfully hosting the international gathering.

He described the opening ceremony as memorable, particularly considering that Antigua and Barbuda is the smallest country ever to host the Commonwealth Heads of Government Meeting.

President Julius Maada Bio also disclosed that he held productive discussions with Chief Executive Officers attending the summit, highlighting the importance of stronger partnerships between Governments and private-sector investors.

According to the President, the summit’s theme reflects a shared commitment among Commonwealth nations to accelerate investment, strengthen economic cooperation and create opportunities for sustainable prosperity.

The opening ceremony, attended by King Charles III in his capacity as Head of the Commonwealth, featured cultural performances celebrating the history and traditions of Antigua and Barbuda.

Addressing the gathering, King Charles III emphasized the importance of international cooperation in confronting climate change, global conflicts, technological transformation and widening economic inequalities.

He described the Commonwealth as an important platform through which member countries could combine their resources, expertise and collective determination to address pressing global challenges.

Commonwealth Secretary-General, Shirley Botchwey, presiding over her first CHOGM since assuming office, called for a renewed approach to international cooperation, placing greater emphasis on practical investments and measurable development outcomes.

She explained that the summit was designed to strengthen collaboration among Governments, businesses, international financial institutions and development partners.

A major focus of the meeting is the mobilisation of financing for an investment pipeline exceeding US$52 billion, covering development projects across 28 Commonwealth countries.

The proposed investments target critical sectors, including renewable energy, climate financing, infrastructure, skills development and economic diversification.

Prime Minister, Gaston Browne, announced that early initiatives associated with the summit had already mobilised US$200 million through the Nature Initiative, while US$1.3 billion had been announced through the Global Eye Health Summit.

Leaders are also examining proposals to expand intra-Commonwealth trade, improve access to concessional financing and address the debt challenges confronting developing and climate-vulnerable countries.

With approximately 60 percent of Commonwealth citizens below the age of 30, youth employment, entrepreneurship, education and skills development remain central to the discussions.

The summit also provides Sierra Leone with an opportunity to engage international partners on investment, trade and development cooperation.

The meeting concluded with a communiqué outlining collective commitments to economic resilience, climate action and shared prosperity across the Commonwealth.

The Calabash Newspaper
The Calabash Newspaperhttps://thecalabashnewspaper.com
The Calabash Newspaper is Sierra Leone's leading English-language news platform, established in 2017 to provide trusted news, investigative journalism, politics, business, health, sports, and current affairs to audiences in Sierra Leone and around the world.

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