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EDITO
Tuesday, 17 October 2017

A United Nations official has stressed that China's investment in infrastructure across Africa is key to achieving the continent's development aspirations. Nicholas Rosellini, UN Resident Coordinator for China told Xinhua here late Saturday that China's investment in Africa's energy sector, especially through renewable energy will go a long way to support the continent to create jobs on a large scale. It is estimated that in Africa 600 million people don't have electricity. "And that has affected of course many things. It makes it very hard to run business if you don't have reliable source of electricity. It makes it very hard to run clinics and hospitals; it makes it very hard for children to get educated and to get water. In terms of basic human needs, all of them nowadays depend to some extent on electrification," Rosellini argued.

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The Peoples Republic of China has said it will lend Nigeria $4.5 billion to boost local agriculture. The loan is to enable Nigeria purchase farming tools including tractors, bulldozers, graders, irrigation pumps, amongst others. Audu Ogbeh, Nigeria's minister of Agriculture, and Abdulaziz Yari, Zamfara State Governor, made the disclosure while speaking to journalists in Abuja on Tuesday.

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Trade between Tanzania and France is still low at around 200 million Euros in favour of Paris, as authorities in both sides figure ways of increasing the volume. Trade figures, according to French Embassy in Dar es Salaam, shows Tanzania imported goods worth 135 million euros while exported 70 million euros in 2016. France Embassy's Economic and Trade Advisor, Beatrice Alperte said trade volume from either side was low as most are pharmaceutical from Paris and raw agricultural goods from Dar.

Azerbaijan Ministry of Foreign Affairs Spokesperson said that his nation is committed to lay strong foundation to bolster its overall bilateral and multilateral relations with Ethiopia. He made the remark during a recent exclusive interview with The Ethiopian Herald. Spokesperson Hikmet Hajiyev said Ethiopia and Azerbaijan have similar culture and civilization. "Ethiopia is one of the oldest birthplace of human civilization, art and development which made it akin with Azerbaijan." In-terms of strengthening bilateral ties, he noted that Azerbaijan has a strong will to have an increased experience sharing. For instance, Azerbaijan is keen on drawing best practices of Ethiopia in the areas of tourism, agriculture, mining industry and the like, he added.

Germany wants to establish fair trade with Africa as the latter has been victimized by the existing trade ties. The lately proposed 'Marshall Plan with Africa' is aimed at achieving trade balance between Africa and Europe, said a visiting Germany Economic Cooperation and Development Minister Gerd Müller. Addressing AU representatives and diplomatic corps yesterday, Müller said the 25-year plan also helps to re-position the EU's cooperation with Africa, and is intended to serve as a basis of discussion to restructure ties. With the new proposal, Germany needs to add a new and strategic dimension to the partnership with Africa.