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EDITO
Wednesday, 18 October 2017

A coconut oil company co-founded by a Northern Ireland man is aiming to help people on a Fijian island become more self-sufficient. Coconut oil has become one of the latest health food crazes to hit the UK, despite a relatively high calorie content. Now Tim McKee from Hillsborough has joined with two friends to set up social enterprise Bula Batiki. And they are using a campaign on crowd-funding website Kickstarter to attract the funds to increase the production of coconut oil in Batiki. Through the company they hope to be able to help residents of the remote South Pacific island Batiki to make a better income by marketing their coconut oil in the UK and Ireland.

The Banana Board is targeting further increase in exports by year-end, says the entity’s General Manager, Janet Conie. She said the prospects are positive, as Jamaica has received queries from several countries, particularly in Europe, regarding potential export arrangements. She was speaking with JIS News following a tour of farms and facilities in Portland and St. Mary on February 22 that are benefiting under the European Union (EU) Jamaica Banana Accompanying Measures (JBAM) programme. Mrs. Conie noted that exports have been increasing steadily since being resumed in 2011 after a three-year break consequent to the sector’s devastation by Hurricane Gustav in 2008.

Trade agreements can help increase sales and support jobs in the EU agri-food sector, a new study shows. Trade agreements have helped to boost EU agricultural exports and have supported jobs in the agri-food sector and other sectors of the economy, according to a new independent study carried out on behalf of the European Commission. Trade agreements with three countries – Mexico, South Korea and Switzerland – were studied in detail. Commissioner for Agriculture and Rural Development, Phil Hogan said: "These three agreements alone have increased EU agri-food exports by more than €1 billion and have raised value-added in the agri-food sector by €600 million.

The company Westfalia Fruto Moçambique has announced that it will export avocados produced in the central province of Manica to the international market and especially France. Westfalia consultant Manuel Roriz said that the first consignment of 400 tons could be ready for export to France this coming March. Westfalia Fruto Moçambique is an agricultural subsidiary of the South African group of the same name. It has been operating in Manica province for two years and occupies an area of about 250 hectares.

Thursday, 02 March 2017

The Minister of Finance, Trade and Blue Economy, Américo Ramos, of the Democratic Republic of São Tomé and Príncipe, has officially announced the Power Sector Recovery Project, which aims to reform the energy sector in the country. The project includes the rehabilitation and expansion of the Contador Hydroelectric project and strengthening of the national utility Empresa de Agua e Electricidade de São Tomé e Príncipe (EMAE). The Minister indicated that “this occasion marks the partnership of the World Bank and the European Investment Bank with the Government of São Tomé and Príncipe, to assist in the recovery of the energy sector, to increase the generation of electricity with renewable resources, and to improve the reliability of the electricity supply, with a shared vision of sustainable energy supply for all, respectful of the environment.”