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EDITO
Tuesday, 27 June 2017

Lack of education and mismatched skills remain major obstacles to Africa's development agenda and with an estimated 364 million Africans between the age of 15 and 35 years, Africa has the world's youngest population.The African Union Commission cautions that the future of Africa’s economic growth and the future of millions of Africans, is in jeopardy, if the underlying issues that hinder development are not adequately addressed. With Africa expected to double its population over the next 25 years and the working-age population expected to grow by approximately 450 million between 2015 and 2035, the African Union Commission deputy chairperson, Ambassador Kwesi Quartey, says it is critical to urgently address the lack of education and mismatched skills, as major causes of rising numbers of unemployment.

Cabo Verde (Cape Verde) is in a good position to attract investments by business people from China and Portuguese-speaking countries, through the meeting of Economic and Trade Cooperation that begins today in Praia, said the president of national investment agency Cabo Verde TradInvest, Ana Bárber. The event, called the Entrepreneurs’ Meeting for Economic and Trade Cooperation between China and the Portuguese Speaking Countries (CPLP), will take place until Sunday at the Cabo Verde International Fair (FIC) in Praia, and is expected to be attended by 400 business people, 160 of them from China and Macau. Bárber also noted that TradInvest will present some private projects looking for synergies and “concrete partnerships” between Chinese and Cape Verdean companies.

China is “available to support sustainable development” in São Tomé and Príncipe through cooperation in the areas of “infrastructure, tourism and agriculture,” said the new Chinese ambassador, Wang Wei, who on Thursday began his diplomatic mission in the São Tomé capital. At the end of the accreditation ceremony chaired by the President of the Republic, Wang Wei stressed that “the Chinese government is willing to contribute to the transformation of São Tomé and Príncipe. The representative of Beijing, referring to financial support of US$146 million that China will grant to the African country, said that “this will certainly be in two parts, one part in technical assistance, the other part in investment.”

French dairy producer Danone is continuing its push into Africa with a $25m investment, together with private equity firm Abraaj Group, in west Africa-based Fan Milk, the companies said on Tuesday. The investment in Fan Milk’s Ghana business will help the company meet growing demand for yoghurt and other dairy products in west Africa’s second-biggest economy. In June, it will launch FanMaxx, a new vitamin-enriched yoghurt drink with a four-month shelf life. Danone, the world’s largest yoghurt maker, anticipates demand for dairy in sub-Saharan Africa will increase steadily in the coming decades. It has spent more than €1bn since 2013 building a production and distribution network across the continent through acquisitions in countries from Kenya and Nigeria to Ivory Coast.

Monday, 19 June 2017

Council of the EU and European Council

19 June: Environment Council

19 June: Foreign Affairs Council

21 June: Coreper I

European Parliament

19 & 22 June: Parliamentary Committee Meeting

European Commission

20 & 22 June: EU Sustainable Energy week

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