Video guest: Josephine Mwangi

November 2017
M T W T F S S
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3



SELECT_TAGS :
















Twitter

Follow the CTA Brussels Daily

 

twitter logo

 

facebook logo cta

EDITO
Saturday, 18 November 2017

Günther Nooke, Angela Merkel’s representative to Africa, offered a gloomy prognosis of November’s Africa-EU summit in Abidjan on Tuesday (11 April), saying trade between the continents was “almost irrelevant” and that the African Union required major “institutional reform”. The summit comes against a backdrop of a slew of measures, such as the German Marshall Plan for Africa, the EU’s new Migration Compacts, and Emergency Trust Funds for Africa, the Sustainable Development Goals and the EU’s New Consensus on Development – all seen as kick-starting a fresh dynamic between the world’s poorest continent and Europe.

Wednesday, 12 April 2017

The European Union has announced its support for the local production of fortified complementary food in Chad. The joint 3-year project (2016-2019) will be implemented by several United Nations agencies (FAO, WHO, WFP, UNICEF) in partnership with the Chad Government. Through an integrated, innovative approach, the project aims to improve access, availability and use of highly nutritious complementary food for children under five. Malnutrition is a major obstacle to country’s development.

The European Union has agreed to provide the Tanzanian government with TSh487bn ($205m) in budget support over the next four years ending in 2020. The money will be used to finance priority expenditure in the Second Five Year Development Plan, particularly in the agriculture, energy, health and industrial development sectors. The first tranche will be dispersed this year, as the two sides have managed to separate the grant from their long-running dispute over the proposed Economic Partnership Agreement (EPA).

Tuesday, 11 April 2017

THE African Development Bank (AfDB) has approved $450 million about (Rwf372 billion) trade finance facility for the African Export–Import Bank (Afreximbank). The facility consists of a three-year $150 million unfunded risk participation agreement and a four-year $300 million loan to support exporters. According to Dr George Elombi, the executive vice-president for corporate governance and legal services at Afreximbank, the composite facility will help to expand Afreximbank’s risk bearing capacity for the confirmation of letters of credit and to support more trade through the provision of increased funding to financial institutions and corporate firms in Africa. The project is aligned with AfDB’s priority goals, including lighting up and powering Africa, and helping to feed and industrialise the continent.

GOVERNMENT is currently addressing the dismal performance in services trade to augment its participation in world trade in services. GOVERNMENT is currently addressing the dismal performance in services trade to augment its participation in world trade in services. This has been made possible through the European Union’s (EU) E60 million 11th EDF regional Common Market for Eastern and Southern Africa (COMESA) Trade Facility programme. Speaking during the launch of the consultations on the development of trade in services strategy for the country, EU Ambassador Nicola Bellomo said the EU recognises the importance of services in the economic growth and development of African, Caribbean and Pacific (ACP) partner states. The launch was held yesterday at Mountain Inn Hotel in Mbabane.