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Items filtered by date:January 2017

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Monday, 22 October 2018

Zambia and European Commission have signed a EURO 65 million financing agreement for the Lusaka Transmission Distribution Rehabilitation Project. The agreement was signed this afternoon in Brussels, Belgium, between Finance Minister Felix Mutati and European Commissioner for International Development, Neven Minica. Speaking during a consultative meeting after the signing ceremony, Mr. Minica said the European Commission was delighted to maintain its partnership with Zambia, adding that, it is time the world stopped looking at Africa as an aid recipient but a formidable partner in development and a platform for stronger global trade.

Liberia is to benefit from a total of $11 million (Eleven Million United States Dollars) amid government’s commitment aimed at giving boost to the education and health sector. Finance and Development Planning Minister, Hon. Boima S. Kamara is spearheading the pitch in Cotonou, Benin at the ongoing meeting of the African, Caribbean and Pacific (ACP) National and Regional Authorizing Officers and Senior Officials in charge of Development Financing of the West African Region held on January 18-19, 2017. According to a dispatch from Cotonou, the meeting was attended by senior government officials, members of parliament, representatives of regional development banks and organizations, and civil society and private sector actors.

Friday, 20 January 2017

Kenya's vegetable exports experienced a growth in value by 17% in the first 10 months of 2016 as compared to 2015. The growth has been attributed to a recent increase in improved market access to the EU. Data from the Kenya National Bureau of Statistics (KNBS) indicates that vegetable sales rose by a total of around USD $28,021,616. The good performance resulted from improved market access after the country met most of the stringent measures set by EU, which had affected horticultural produce sales. The export volume rose from 40,000 tonnes in 2015 to 55,000 tonnes between January and October last year.

The European market has exhausted their supply of lychees from Madagascar and the offer can no longer fulfil demand. The Technical and Horticultural Centre in Tamatave (CTHT) says that the containers imported at the end of last week did not fulfil orders from wholesale distribution centres and that “Containers that are expected this weekend are already pre-sold, suggesting a positive end to the season”. These two containers hold 880 and 300 tons of cargo. This situation is a first for Madagascar’s lychee sector and was unexpected. The end of the season is now positive for them compared to other competing producer countries such as South Africa, Mauritius, Reunion and Mozambique.

Wednesday, 18 January 2017

The EU's fresh fruit and vegetable exports to third countries up to September 2016 fell by 11% in volume compared to the same period in 2015, totalling 4.3 million tonnes, of which 2.5 million tonnes corresponded to fruit (-11%) and 1.8 million tonnes to vegetables (-11%), according to the latest updated data from Eurostat, processed by FEPEX. The value of the EU's fresh fruit and vegetable exports to third countries increased by 1% in the period under review, reaching 3,401 million Euro, of which 2,007 million corresponded to fruit (-3%) and 1,393 million to vegetables (+9%). Apples are the main fruit exported by the EU to third countries, with 1.1 million tonnes (11% less than in the previous year) worth 570.5 million Euro (-5%), followed way behind by oranges, with 250,718 Tonnes (+7%) and 156.7 million Euro (+9%) and pears, with 189,085 tonnes (-22%) and 111 million Euro (-16%).