The Minister of Fisheries, Victoria de Barros Neto, announced the construction of US$98 million Centre for Professional Fisheries Training (Cefopesca) of Angola. The Centre is expected to be operational within 36 months. The Fisheries Training Centre was established in 1982 as part of cooperation between Angola and Sweden, with the Angolan government approving construction of a new centre following heavy rains in 2007 that destroyed 85 % of the existing Professional Fisheries Training Centre. This project is funded by a credit line opened by the government of Spain to Angola.
The Commission confirmed its zero tolerance policy against illegal fishing worldwide by warning the Comoros Islands that they risk being identified as uncooperative countries in the fight against illegal, unreported and unregulated (IUU) fishing. At the same time, the Commission is lifting the yellow cards from Ghana and Papua New Guinea, which have significantly reformed their fisheries governance system. The Commission also adopted a Communication on the key achievements of the IUU Regulation in the first five years of its enforcement. Fiji, Belize, Togo and Vanuatu have also reformed their systems, following a warning by the EU.
Christian Reboul, head of development finance advocacy for Oxfam France explains that French plans to further cut its development aid budget in 2016 is contrary to the commitments made to achieve the new Sustainable Development Goals. In the new draft budget for 2016, presented on Wednesday (30 September), official development assistance (ODA) budget is set to fall by 6%, equivalent to a reduction of €170 million. According to Mr. Reboul, this is in direct contradiction to the pledges that the French president made at the SDG summit. To compensate for the cuts to ODA, France has focused on developing innovative sources of finance, like the Financial Transaction Tax.
The Manufacturers Association of Nigeria (MAN) has warned that the Common External Tariff (CET) and the Economic Partnership agreement (EPA) between West Africa and the EU would throw up fresh challenges for Nigeria. MAN warns that the EPA risks complicating the current performance of the manufacturing sector, namely flooding the market with products sold at a price at which local products cannot compete. In MAN’s opinion, the trade agreement will further impoverish the manufacturing sector and non-oil export could be the worst hit as the two sectors suffer from significant problem of lack of competitiveness.
The ambassador of the United Kingdom to Angola, John Dennis, announced the interest of British businessmen to invest in the agriculture sector in the central Benguela province. According to the diplomat, the diversification of the economy is a matter that interests the two countries. John Dennis spoke of the British interest in the agricultural sector in Benguela that matter will be one of the report's points to be drafted for the UK businesspeople.