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Newsletter 215

Video guest: Josephine Mwangi

May 2019
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Monday, 27 May 2019
In a turbulent world and with development under huge stress, partnership between North and South is key to promoting more inclusive and effective global governance. The European Union (EU) is very vocal about partnerships in its policy statements, but still lacks the capacity to convert this discourse into reality. An urgent problem is that the EU remains a fragmented, isolated organisation, mostly looking inward without understanding the perceptions and priorities of its partners in the developing world.
Tuesday, 09 March 2010
The European Investment Bank (EIB) today signed the Nigeria Framework Loan which will provide up to EUR 240m to three Nigerian banks: FirstBank of Nigeria, Guaranty Trust Bank and Stanbic IBTC. The funding will be used to facilitate private and public private partnership infrastructure in the country and ensure continued investment in the sector.
The EU is planning to pull together three intelligence-sharing bureaus based in Brussels to form a new department in the bloc's External Action Service (EAS). The EU's foreign relations chief, Catherine Ashton, is currently drafting a proposal for the future structure of the union's diplomatic corps, with a final paper expected in March.
The latest report by the WTO, OECD and UNCTAD on G20 trade and investment measures, submitted on 8 March 2010, said that high unemployment rates and uncertainties on global growth point to the need for G20 governments “to remain vigilant in opposing protectionism”. The three agencies urged the G20 leaders to undertake “a clear and stronger commitment to open markets and make concrete their many calls to bring the Doha Round to a rapid conclusion”.

Zimbabwe's President Robert Mugabe on Wednesday dismissed the renewal of the European Union (EU) sanctions on his country as a futile attempt by the West to disrupt the country's developmental process.In his first public reaction after Tuesday's extension of the sanctions for another year, Mugabe said the sanctions were designed to curtail progress, but vowed these would not derail government efforts to revive the economy.