Video guest: Josephine Mwangi

December 2017
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EDITO
Thursday, 14 December 2017

The South African Citrus Growers Association (CGA) has expressed relief and anger at the admission of the Spanish Citrus Management Committee (CGC) that there were no South African citrus on the shelves of Spanish supermarkets during December 2016. Spanish growers’ union Unió de Llauradors alleged that “bad quality” citrus from South Africa was putting pressure on Spanish citrus growers. The CGC now says that the oranges were erroneously labelled as South African and were, in fact, of Spanish origin. The South African Citrus Growers Association CEO, Justin Chadwick, calls the allegations “a slap in the face” for South African growers.

Kenya is mulling a credit guarantee scheme to encourage farmers to raise production as 26 countries move to eliminate cross border barriers on goods.Vision 2030 director-general Julius Muia said the loan guarantee framework being worked out will target export producers, especially those eyeing the Tripartite Free Trade Area (TFTA). “The loan guarantee scheme framework is aimed at upscaling production since it would form a good base for industrialisation through agro-processing and product diversification,’’ said Dr Muia. Due to agriculture’s dependence on unpredictable weather and volatile markets, traditional risk-averse financial institutions have over the years scaled down their lending to the sector. The state-guaranteed loans are expected to finance production and cross-border integration of value chains.

Agriterra advised the market on Monday that, further to its announcements of 5 October 2016 and 6 January 2017, the proposed management buyout transaction of the company's Sierra Leone cocoa assets - held through equity interests in Baranca Tide Limited and West Africa Cocoa Services Limited - will not be completed as anticipated. The AIM-traded firm said as a result,the management buyout team has failed to secure the finance required to complete the transaction, and the ownership of the target companies was reverting to the Agriterra.

Monday, 23 January 2017

European Parliament

23 - 26  January: European Parliament Committee Meetings

Council of the EU and European Council

23 January: Agriculture and Fisheries Council

26 January: Eurogroup

27 January: Economic and Financial Affairs Council

Other events

23 January: InfoPoint Lunchtime Conference "Embracing the New Urban Agenda!"

24 January: InfoPoint Lunchtime Conference "‘Development Minerals’ and the role of the private sector"

26 January: InfoPoint Lunchtime Conference "Cities: key drivers of the New Urban Agenda"

27 January: InfoPoint Lunchtime Conference "The ACP-EU Natural Disaster Risk Reduction Programme"

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The next Brussels Development Briefing n.47 on the subject of “Regional Trade in Africa: Drivers, Trends and Opportunities” will take place on 3rd February 2017 in Brussels at the ACP Secretariat (Avenue Georges Henri 451, 1200 Brussels) from 09:00 to 13:00.  This Briefing will be organised by the ACP-EU Technical Centre for Agricultural and Rural Cooperation (CTA), in collaboration with the European Commission / DEVCO, CONCORD, IFPRI and the ACP Secretariat. The Briefing will promote exchange of views and experiences around: (1) the latest developments and status of regional trade in Africa, specifically in the agricultural sector (2) the key trends driving regional integration in Africa, from the regional institutions, as well as the private sector; (3) the role of partnerships, particularly PPPs, and between the African regions and international bodies, to address bottlenecks and the major barriers to enhancing regional agricultural trade.

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