Video guest: Josephine Mwangi

September 2017
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EDITO
Friday, 22 September 2017

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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CTA, in collaboration with various partners, participated in a number of panels at the European Development Days 2017, which took place from the 7th to 8th of June in Brussels (Tour et Taxis). These panels addressed key subjects concerning the future of agriculture: Trade & Investment, Women entrepreneurs and Youth in Agribusiness. Over the space of two days, CTA brought to the forefront of the development community the most pressing issues affecting the agriculture and rural development in Africa, the Caribbean and the Pacific.

For information on all five panels, visit: http://bit.ly/2qK2h8C

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