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.”
The European Commission has lifted on Wednesday 22 February the 'yellow cards' for Curaçao and Solomon Islands, recognising the significant progress both countries have made in the fight against illegal, unreported and unregulated (IUU) fishing. Speaking on the margins of the Economist's World Ocean Summit in Bali, EU Commissioner for Environment, Maritime Affairs and Fisheries, Karmenu Vella, said: “This is a good day for Curaçao and Solomon Islands, and good news for sustainable fisheries around the globe. Countries worldwide have a shared duty to fight illegal fishing, protect law-abiding fishermen, and keep our oceans healthy. I encourage others to join the European Union in this fight and contribute to better ocean governance."
An senior lecturer in Politics and International Relations at the University of the West of England has told persons in the British Virgin Islands (BVI) that – in light of Brexit – the BVI should consider joining the African, Caribbean and Pacific Group of States (ACP). Dr Peter Clegg last evening threw out the proposal, considering that ACP members currently have direct partnership with the European Union (EU), which is a group of 28 States located primarily in Europe. That partnership allows those ACP members certain EU privileges in relation to free trade and access to the European Development Fund.
Anambra State government has announced plans to export one million tubers of yam, as well as other vegetables to the United Kingdom. Governor Willie Obiano, who made the disclosure in Obosi, Idemili North Local Government Area of the state, also said the state would soon produce 550,000, eggs per day to meet the needs of the people. He said his administration had invested heavily on agriculture in the past three years aimed at cushioning the effect of the current economic recession on the citizenry.
The new Southern African Development Community (SADC)–European Union (EU) Economic Partnership Agreement (EPA) has the potential to bolster South Africa’s muted fisheries sector and open up value-addition in a sector that holds much promise. The new SADC-EU EPA framework, which became effective in October last year, replaced the trade provisions of the existing bilateral Trade, Development and Cooperation Agreement (TDCA) between South Africa and the EU and will maintain the external tariffs of, and harmonise, the trading regime between the Southern African Customs Union (Sacu) as a whole and the EU.