Video guest: Josephine Mwangi

October 2017
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EDITO
Monday, 23 October 2017

Unima, leader in Madagascar’s shrimp production sector, was awarded Aquaculture Stewardship Certification (ASC) for its aquaculture farm Aqualma located in Mahajamba, the northwest coast of Madagascar. It is the first shrimp farm in Africa to receive ASC certification, an internationally recognized labeling scheme that promotes the best environmental and social aquaculture performance. WWF´s partnership with Unima to develop and implement good social and environmental practices started in 2007. Through ASC certification, the company is being recognized for boosting community development, reforestation and for its sound management of mangrove areas, water treatment and waste management.

The revision of rules of origin for products manufactured within the East African Community (EAC) have encouraged investment and boosted manufacturing sector within the region, the business community and officials have said. In Article 1 of General Agreement on Tariff and Trade, rules of origin are defined as laws, regulations and administrative determinations of general application applied by any member to determine the country of origin of goods leading to the granting of tariff preferences. Different stakeholders were speaking during the 7th session between the Ministry of East African Community and the Rwandan private sector, last week.

Monday, 03 October 2016

Palm trees and coconuts are synonymous with the Caribbean. But despite the world’s familiarity with coconuts being found here, there’s a threat on the horizon to this emblematic plant. The United Nations Food and Agriculture Organization (FAO) recently reported that the Caribbean is running out of them. Across the Caribbean, the total number of coconut plantations has shrunk by about 17 per cent since 1994, according to the FAO. This isn’t great timing at all as demand for this unique fruit, nut and seed has skyrocketed across the globe.

The East African Community wants to remove all non-tariff trade barriers in an effort to cut down on transportation time and reduce the cost of moving products and services between the six member countries — Uganda, Kenya, Tanzania, Rwanda, Burundi and South Sudan. Non-tariff barriers include road blocks along highways meant to check issues unrelated to paying taxes or custom duties. These include checking the weight of goods on trucks and trailers, identifying the type of goods being transported, and checking for identification of traders. They also include traffic police checking the condition of vehicles.

The Overseas Private Investment Corporation (OPIC), the United States government's development finance institution, has announced plans to open its first- East Africa office in Nairobi. The corporation has appointed Suresh Samuel as Managing Director of the Kenya office. This is the third office OPIC has opened in Africa aimed at increasing OPIC's regional presence. The announcement was made during the ongoing U.S.-Africa Business Forum (USABF). OPIC says East Africa is a fast growing region and need for investment in power, infrastructure, water, agriculture, and other development sectors is growing.