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ACP-EU Policy

Video guest: Josephine Mwangi

September 2018
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Tuesday, 25 September 2018

German Chancellor Angela Merkel arrived in Senegal on Wednesday, at the start of a west African tour, with Berlin hoping that development of the continent will help stem migration and boost the fight against jihadism. Signalling that Germany means business, Merkel was accompanied by around a dozen German business leaders.

Friday, 31 August 2018

Agriculture remains the main source of employment for the labour force in Africa. Nonetheless, low productivity, uncompetitive markets, weak rural infrastructure, among other factors, have reduced the opportunities for smallholders to feed themselves and earn an income from agriculture. Farmers’ organisations are fundamental in giving a voice to farmers and in supporting their integration in markets. Their influence on policy making, however, is still weak.

After years of voluntary action, it’s time for the European Union (EU) to set mandatory rules to tackle child labour on coffee and cocoa plantations throughout the world. This is the message issued by several policy-makers and stakeholders involved in the issue, in an appeal reported by the Reuters news agency.

An agreement on a technical assistance project for the management of public finances has been signed between the Togolese government, the International Monetary Fund (IMF) and the European Union, according to an official statement released on Wednesday 11 July 2018.

In a communiqué issued on Friday, the European Union welcomed what it described as a win-win fisheries sector partnership signed with Gabon, in a transparent and public regulatory framework.

The finest of African Fintech will be at the Radisson Blu Portman Hotel in London on September 19th... and for good reason! Enormous fundraising and investment opportunities will be there to be seized, as illustrated by the recent conclusions of a report by the African banking group Ecobank: “Financial transactions via mobile phones and the Internet should rise from US$200 million in 2020 to US$3 billion by 2020,” the report said.

On Thursday 19 July 2018, Burkina Faso and the European Union held their 12th Political Dialogue in Ouagadougou. For both parties, it was an opportunity for “an informal exchange” on several issues related to cooperation and development. The framework for the ‘political dialogue’ is set out in article 8 of the Cotonou Agreement between the European Union and the African, Caribbean and Pacific (ACP) States, signed on 23 June 2000 (and which came into force in 2003).

Once again this year, the Paris EUROPLACE Forum brought together many international figures such as Bruno Le Maire, the French Minister of Economy and Finance, Lorenzo Bini Smaghi, Chairman of Société Générale, Ambroise Fayolle, Vice-President of the European Investment Bank (EIB), and Jean Lemierre, Chairman of BNP-Paribas.

The ACP (Africa, Caribbean and Pacific) countries and the European Union are expected to start negotiations in September with a view to reaching a new agreement by 2020. The Council of the European Union gave the green light, at the end of June, to start discussions. The negotiations aim to create a stronger partnership between the EU and its Member States and the African, Caribbean and Pacific countries.

The European Commission has approved a new financing mechanism for young people, migrants and women entrepreneurs in sub-Saharan African and the southern Mediterranean, in a programme to be managed by the Dutch Development Finance Company (FMO).