Video guest: Josephine Mwangi

August 2017
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EDITO
Tuesday, 22 August 2017

The government has provided a great way forward for exporters under its National Export Strategy (NES) initiative, says Green Gold Kava managing director Praveen Narayan. "My small family-owned Fijian owned company knows no bounds and is eager to reach out to the world," he said. Mr Narayan has always promoted his company's aims of "green gold kava globalisation" to his customers locally and overseas. The kava exporting company, based in Savusavu, was one of the 11 successful companies awarded grants last week under the Government's NES initiative.

Countries in the Pacific region will see economic growth sharply decline from 7.0 percent, recorded last year, to an average of 3.9 percent in 2016, according to the Asian Development Bank (ADB). In its Pacific Economic Monitor of July 2016, the ADB attempted to put a positive gloss on the figures, claiming the region was unlikely to be “significantly affected by heightened uncertainty in the global economy.”

Tuesday, 23 August 2016

China has reinforced its position as Africa’s biggest lender for infrastructure financing. The Export-Import Bank of China (China Exim) has committed to major projects with the African Export-Import Bank (Afreximbank) and with the Tanzanian government. A co-operation agreement with Afreximbank aims to create a US$1bn China-Africa investment and industrialisation programme to facilitate the construction and creation of industrial parks and special economic zones on the continent and to provide Africa with the capacity for light manufacturing and primary processing of raw materials and commodities.

Africa and Asia could take the EU’s place as exporters of fruit and veg for the UK following Brexit, retailers say. An overwhelming 43% of retailers anticipate a reduction in produce sources from the EU and around a third say they are considering sourcing from a different region. Africa is expected to be a key supplier, with 38% of respondents expecting to see more African products in the UK.

AfriAg Global PLC, a logistics solutions and food marketing company, has announced the launch of its new 100% owned UK subsidiary, AfriAg International Limited, to promote and sell fresh food produce from southern African producers directly in to the UK and European market places. AfriAg International is represented in the UK by Mr Tim Stokes working under the management of AfriAg Marketing, the Company’s 100% owned South African food sales and market division.