Video guest: Josephine Mwangi

November 2017
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EDITO
Tuesday, 21 November 2017

The Chair of the Pacific Islands Development Forum (PIDF), Prime Minister Hon Manasseh Sogavare of Solomon Islands has highlighted the need for the organization to start discussions on a new partnership with the European Union for the post-Cotonou era. When accepting the chairmanship of the PIDF on Wednesday from the Fiji Prime Minister Hon Frank Bainimarama, Prime Minister Sogavare said there are two key issues that he felt deserved the attention of the PIDF and engaging in its discussion through this platform.

Ghana and Italy have agreed to promote and create fisheries clusters in the country. A Memorandum of Understanding has been signed to that effect in Accra between the Ministry of Fisheries and Aquaculture Development and Mazara del Vallo-Cosvop of Italy. Sector Minister Sherry Ayittey initialed for Ghana while Giovanni Tumbioli, President of the Fish District of Italy signed for his country. Madam Ayittey revealed that a fish health policy to monitor the quality of fish sold to consumers will be launched at the end of this month.

What are the main challenges of Africa’s mechanization? Several unsuccessful efforts were made in the past, what is different now? From the colonial times, it was part of the Ministry of Agriculture’s role to provide services to farmers. African countries continued this, although it was heavily subsided by loans from the World Bank, and the whole process was getting very expensive and inefficient. There were public servants providing services for the mechanization sector. For instance, they stopped working at 17:00 on Friday, and therefore there were no services provided on Saturday morning.

The European Union lifted a ban on fish exports from Guinea on Wednesday, after finding that the Western African country had successfully taken action against illegal, unreported and unregulated (IUU) fishing. Between 11 and 26 million tonnes of fish are caught illegally each year around the world, corresponding to at least 15 per cent of world catches or a value of around 10 billion euros (11.1 billion dollars) annually, according to the European Commission. As the world‘s biggest importer of fisheries products, the EU has been cracking down on the issue, which depletes fish stocks.

Tuesday, 19 July 2016

The post-Brexit slump in the pound will cost developing countries nearly $4bn (£3.1bn) in the coming year, with reduced trade and aid, risk-averse financial markets, lower growth and sharply reduced remittances all playing a role, a report shows. Sterling’s 10% devaluation in the first week after the vote, coupled with lower UK gross domestic product, will hit exports from the least-developed countries (LDCs) by roughly $500m, a drop of 0.6%, according to the UK-based Overseas Development Institute. The thinktank says the figure is a conservative estimate of the short-run trade effect.