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Monday, 23 January 2017

The Murrimo Macadâmias company, established in Mozambique under a joint venture between a company in South Africa and another in the Netherlands, is due in March to start its first harvest of nuts five years after starting planting on a plot in Gurué, in the central province of Zambezia. The consortium made up of South African companies Crookes Brothers Limited and White Bird International BV, of the Netherlands, with experience in the production of fruits and other crops in Swaziland and Zimbabwe, has already invested more than US$24 million in planting macadamia on a 3,000-hectare plot, of which 240 hectares have already been planted.

Vanuatu's Prime Minister has arrived in Brussels for talks with the European Union. Charlot Salwai is in the EU capital for a week of meetings with leading officials of the EU, France and Netherlands. The fourth EU-Vanuatu Political Dialogue will formally open tomorrow. Mr Salwai's delegation includes the Foreign Minister Bruno Leingkone, the Agriculture Minister Matai Naiwalu as well as other senior government officials. It is expected Vanuatu will brief the EU on its new strategic plan, called Vanuatu 2030, an over-arching policy framework for the government's development plans for the next 13 years. Launched by Mr Salwai last week, the plan seeks to improve infrastructure, education and healthcare, develop the sustainable economy and rural sector and mitigate against the effects of climate change.

Kenya Tourism Board (KTB) kicked off the year with a strong presence at the Vakantiebeurs trade Show, Netherlands held between January 11th and January 15th 2017. This was in a bid to Woo Netherlands tourists even as the sector is quickly recovering. With over 120,000 visitors, Vakantiebeurs is a leading business-to-consumer trade show. It serves as a platform to understanding market performance and emerging trends. Statistics have shown that Africa is among the top 5 regions trade show visitors have sought holiday information on. KTB capitalized on how consumers often plan and book their holidays from the broad offering of destinations exhibiting at the show.

Group of French and African private and public sectors investors have launched a €77 million investment fund to support investments in Small and Medium Enterprises (SMEs) in Africa and France, the first of cross-border investment fund dedicated to the development of African and French SMEs. The Franco-African Investment Fund (FFA), with investible funds of 77 million euro is aimed at accelerating the growth of innovative and entrepreneurial African and French SMEs with development projects on both continents. FFA will have a lifespan of 10 years. Investors in the FFA included Societe Generale Orange, BpiFrance, Africinvet, Caisse Nationale de Prevoyance Sociale of CDI, Proparco (AFD), SAHAM from Morocco, Financecom, the pension fund of the Central Bank of Kenya, other private investors in Kenya and United Capital Plc, a publicly quoted Nigerian company. The fund is sponsored by BpiFrance and Africinvet.

Ethiopia and Finland have reaffirmed their commitment to boost bilateral relations and expand l cooperation between the two countries. This has been emphasized today (January 23, 2017) during a meeting between State Minister Mrs. Hirut Zemene and Mr. Pekka Olavi Haavisto, a Special Representative on Mediation at Finland’s Ministry of Foreign affairs. The Special Representative highlighted Finland’s dedication to strengthen and deepen strategic partnership and cooperation with Ethiopia for the benefit and welfare of the peoples of both countries.

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