The historical ties between the EU and Africa have undergone significant change in the past decade. While development aid remains an instrument for engagement with the African countries, security concerns and economic relations have gained traction. While the EU, as a bloc, remains Africa’s largest trading partner, it is facing increasing competitive pressures from the United States and China. At this roundtable organized by the German Marshall Fund, Secretary General of the ACP explained the need to deconstruct the discourse and recognize that trade in commodities have not brought economic transformation in ACP countries.
The EU-ACP Partnership Agreement expires in 2020. To facilitate a well-informed, evidence based and multi-actor dialogue on the future of this relationship, ECDPM initiated an independent political economy analysis (PEA) of the ACP-EU partnership. This type of analysis does not look at “what should be done” to revitalise the relationship but at “what kind of reforms are feasible” in the current political and institutional context. It is hoped that this will help parties to ensure that future cooperation arrangements are fit for purpose to deal with the international cooperation challenges of the 21st century.
Common Market for Eastern and Southern Africa (COMESA) called on Italy to invest in Zambia and the COMESA region to boost the economy. COMESA secretary general Sindiso Ngwenya said more than 870 million people were undernourished while others died from ailments, hence the need for all member states to develop sustainable lifestyles and use best technology to create a balance between availability and consumption of resources. The announcement was made during the presentation of credentials by Italy’s special representative to COMESA in Lusaka yesterday that Italy was the key contributor to the European Development Fund through which COMESA has both bilateral and multilateral relations.
The Caribbean Community (CARICOM) urged UK Prime Minister David Cameron to address to the regional reparation demand for slavery, when visiting Jamaica. The chairman of the Reparation Commission, Hilary Beckles, said in an open letter to the British Prime Minister that the reparation issue is vital because legacies of slavery that continue to derail, undermine and haunt our best efforts at sustainable economic development of the region. The letter recalled that UK and other European nations amassed large fortunes and strengthened their economies through the wealth extracted from the Caribbean territories and through the exploitation of Caribbean people and land. The UK PM announced a £300M development package for various sectors of the economy.
Foreign investors, mostly from Norway, have now taken notice of the potential of the aquaculture industry in Kenya. Fisheries Principal Secretary Micheni Ntiba explains that the Government has a robust strategic plan for aquaculture development: “There are many things that need to be done in Kenya to upscale aquaculture development, and we invite our Norwegian partners to put their resources into this sector.” Norway has a highly developed aquaculture industry, from breeding to harvesting of fish, to value addition and marketing, and the country is looking to export its model to Kenya, and the larger East Africa region.