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EDITO
Monday, 26 June 2017

St. Kitts-Nevis Prime Minister Dr. Timothy Harris is calling for closer collaboration as Caribbean countries seek to implement various forms of a Citizenship by Investment Programme (CIP) as a means of boosting investments in their respective countries. Harris, who is leading a delegation to attend the funeral of a Dominica-born St. Kitts-Nevis Police Force member, said that the programme is a massive revenue earner but warned that new entrants may take action that could undermine the programme.

This week Ghana decided to sign and ratify the Stepping Stone Economic Partnership Agreement (EPA) with the European Union. In welcoming the decision, EU Ambassador William Hanna said: "This new agreement will provide a long-term predictable framework to help increase trade and investment. It is a win/win deal for Ghana and the European Union."He said Ghanaian exporting companies will preserve the duty-free preferences on the European market that today make them competitive. This means no quotas and no duties on all Ghanaian exports to the European market.

The European Union Tuesday announced that it was making available EURO 50,000 (One Euro =US$1.29 cents) to Belize in humanitarian funding following the passage of Hurricane Earl last week. The EU said that the funding to assist the most affected populations. The storm, which hit the country on August 4 as a Category One hurricane, caused widespread damage and the authorities are still assessing its impact. Schools, markets, airports and ports were closed, and water supplies affected in several parts of the country.

Jean-Marc Ayrault, France’s Minister of Foreign Affairs and International Development is touring East Africa in an effort to demonstrate France’s willingness to reclaim its place as a key investor in Kenya and Tanzania. Here is a brief overview of his visit, which started August 1st. The former Prime Minister’s visit to the region is regarded as long-overdue. Indeed, the last time a French Minister of Foreign Affairs visited the region was 15 years ago. Ayrault stated that it was time that France recognizes the existence of an economic and technological boom in Nigeria and Tanzania thanks in part to the development of the renewable energy and mobile banking sectors.

British Government through the Department for International Development (DFID) has committed K50 billion humanitarian aid to address food shortage in the country. DFID Permanent Secretary Mark Lowcock disclosed this on Thursday during an audience with President Peter Mutharika at the Kamuzu Palace in Lilongwe. Lowcock said the UK Government will continue to provide its both humanitarian and development support to the people of Malawi, as they embark on implementing the 2030 Sustainable Development Goals (SDGs).