Commonwealth generates over $500 million in partnerships, deals at CHOGM 2026

The Commonwealth has mobilised over $500 million through partnerships and investment deals.
The disclosure was made at the Leaders’ Breakfast held on Jumby Bay Island, off the coast of Antigua ahead of the 2026 Commonwealth Heads of Government Meeting (CHOGM) Leaders’ Retreat.
Business executives, investors and philanthropists gathered to discuss initiatives aimed at promoting economic growth and prosperity across the Commonwealth.
Founder of the Ben Delo Foundation, Ben Delo, pledged $10 million towards establishing the Commonwealth Aspiration Fund, with an additional $10 million promised in matched funding. The fund is expected to support education, youth employment and enterprise across the Commonwealth’s 56 member countries.
Planet Labs, a satellite imagery and geospatial intelligence company, announced $60 million over three years for geospatial data access and environmental monitoring.
The investment is expected to help Commonwealth countries monitor ecosystem health, improve disaster preparedness and strengthen climate resilience.
The Climate Investment Funds’ next-generation resilience programme, ARISE, has secured more than $100 million in contributions, with 40 per cent set aside for private-sector participation. It is seeking additional partners to address a $600 million funding gap against a pipeline of more than $700 million in investment-ready projects.
The Sustainable Markets Initiative announced a proposed reinsurance vehicle offering up to $5 billion in protection per catastrophe and launched its $40 million Lighthouse Nature Fund, which aims to raise $100 million.
The Green Climate Fund also announced $44 million for its Climate Actions for Building Resilience in Coastal Communities programme, targeting five Commonwealth Caribbean countries.
Its Executive Director, Mafalda Duarte, acknowledged the technical support provided by the Commonwealth Climate Finance Access Hub in developing the proposal.
Commonwealth Secretary-General, Shirley Botchwey called for stronger partnerships between governments, businesses and investors to promote economic growth and shared prosperity.
“Let us, as governments, financial institutions, private investors and philanthropists, work together to develop investable projects that promote growth and prosperity across the Commonwealth,” she said.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

States
Police tighten security ahead of Shettima’s visit, APC rally in Akure
The Commissioner of Police, Felix Ohagwu, directed the deployment of adequate personnel to strategic locations in the Akure metropolis.

States
Two inmates escape from Kogi custodial centre
At least two inmates have escaped from the Medium Security Custodial Centre, Okene, Kogi State.

States
PDP rallies Ebonyi voters for candidate’s 2027 governorship ambitionÂ
Mr Igwe described Mr Odii as a successful businessman and administrator whose achievements demonstrated his capacity to drive development.

World
Commonwealth generates over $500 million in partnerships, deals at CHOGM 2026
Founder of the Ben Delo Foundation, Ben Delo, pledged $10 million towards establishing the Commonwealth Aspiration Fund.

Showbiz
Baba Ijesha’s wife, CEO Luminee, faces backlash over AI-generated image in priest, nun outfits
The image showed the couple dressed as a Catholic nun and priest alongside their child.

World
FBI probing Nvidia CEO Huang’s affair with suspected Chinese spy
Nvidia’s shares slumped 4.3 per cent, losing about $230 billion in value following reports and investigation of the affair.





