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EDITO
Tuesday, 25 July 2017

The European Union's new 44 billion euro (37.73 billion pounds) Africa fund aims to entice private investors to some of the world's poorest nations and slow mass migration to Europe, the EU's development chief Neven Mimica said. The fund, unveiled last week by European Commission President Jean-Claude Juncker, could be up and running by mid-2017, Mimica said, and is based on a similar, larger fund for Europe already operating. It will rely mainly on private investors and development banks to fund selected commercial projects that might otherwise be considered too risky for funding by commercial lenders, Mimica told Reuters in an interview.

The cost of disaster is critical in determining the support and impact on countries and the Federated States of Micronesia has been struggling to determine the full cost of Typhoons Maysak and Dolphin in 2015 and the recent crippling drought. To support this process, a Post Disasters Needs Assessment training is being conducted for disaster experts from the four states of FSM — Chuuk, Kosrae, Pohnpei and Yap. The training which begins today in Colonia, Yap, is supported by the Pacific Community or SPC and the European Union through the ACP-EU Building Safety and Resilience in the Pacific project.

The 79 Member States of the African, Caribbean and Pacific Group (ACP) welcomes this timely and relevant meeting on migration. The ACP-European Union Cotonou Agreement provides for an on-going dialogue on migratory flows which is jointly pursued to address protection of human rights, non-discrimination in treatment of third country nationals, and of strategies to reduce poverty, the basic issue of the ACP-EU Dialogue on Migration. In our view, Migration phenomena are a pervasive reality of a globalised century.

The European Parliament has approved an agreement granting duty-free access to the European Union market for products from Namibia, Mozambique, Botswana, Swaziland and Lesotho, and improved market access for South Africa. A press release from Delegation of the European Union to Botswana says the agreement that Members of European Parliament (MEPs) approved, on Wednesday, by 417 votes to 216, with 66 abstentions "will help our African partner states to reduce poverty and can also facilitate their smooth and gradual integration into the world economy."

Thursday, 22 September 2016

ACP Secretariat:

21 September: Brussels Briefing 46: Agribusiness Development & Tourism Markets in SIDS

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