Video guest: Josephine Mwangi

August 2017
M T W T F S S
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3



SELECT_TAGS :
















Twitter

Follow the CTA Brussels Daily

 

twitter logo

 

facebook logo cta

EDITO
Wednesday, 23 August 2017

Globalisation and technological change have contributed significantly to driving economic growth and raising living standards across the globe. However, globalisation has created challenges and its benefits have not been shared widely enough. By bringing together developed and emerging market economies, the G20 is determined to shape globalisation to benefit all people. Most importantly, we need to better enable our people to seize its opportunities. We are resolved to tackle common challenges to the global community, including terrorism, displacement, poverty, hunger and health threats, job creation, climate change, energy security, and inequality including gender inequality, as a basis for sustainable development and stability.

The initiative is the first international support for financial services in the country in many years. The European Investment Bank is the world’s largest international public bank, owned directly by the 28 European Union member states. “New investment is essential to enable small business across Ethiopia to expand, create jobs and harness new business opportunities,”said Pim van Ballekom, European Investment Bank Vice President. “Over the last 40 years the European Investment Bank has supported crucial energy, water, communications and private enterprise across Ethiopia and our engagement in the country has been transformed since opening a permanent presence in Addis two years ago.

Dutch banking giant Rabobank, a leading food and agribusiness financier, has joined the list of Kenya’s Equity Bank Group shareholders. Rabobank will jointly with the Netherlands Development Finance Company, a government-backed institution also known by its Dutch acronym FMO and Norfund, own an 11.99 per cent stake in Equity Holdings. The shareholding in Equity Holdings is held through Arise, an investment company focused on the banking sector launched early this year.Arise is in the process of acquiring minority stakes in both NMB (National Microfinance Bank PLC (NMB) a commercial bank in Tanzania) and Equity Bank.

Wednesday, 12 July 2017

The European Union says it will provide $ 17 million to countries in the West African sub-region to enhance fisheries and maritime activities in the region. The programme, covering six years would enable industry operators to organize and cooperate on fisheries management. The European Union Representative, Stephania Marone, disclosed this in Abuja, at a workshop on Regional Policy Dialogue for the Development of ECOWAS Fisheries and Aquaculture. She said that security in the the region will be maintained as the fishery sector is strategic to regional economic stability. The EU assistance could lead to increased fish production and preservation.

Grenada’s Prime Minister Dr. Keith Mitchell and chief executive officer of the CARICOM Development Fund (CDF) Rodinald Soomer have signed a grant agreement aimed at enhancing export capacity and value-added in the island’s spices sector. The immediate beneficiary company, West India Spices, has been awarded a grant of US$244,000. The grant, according to Soomer, will help to increase drying and grinding capacity based on the use of renewable power sources that will facilitate all weather production of value-added nutmeg-based products for export. “It is expected that the project will have the impact of increasing West India Spices’ purchases of raw inputs for producing essential oils on average by 10 percent per year until 2025,” Sommer said at the signing ceremony.