Video guest: Josephine Mwangi

June 2018
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EDITO
Thursday, 21 June 2018

Trade relations are changing globally. As regional groupings are disrupted and reformed, global value chains contract, protectionism creeps in and the digital economy strengthens, old hat trading portfolios look increasingly out-dated. Without a doubt, enthusiasm for multilateralism has waned and the World Trade Organisation faces an existential crisis having not completed a new round of global trade liberalisation in two decades, since the Doha Round.

President Uhuru Kenyatta has emphasized the need for the African, Caribbean and Pacific (ACP) group of countries to be accorded increased access to the European Union (EU) market. He said such arrangements like the Economic Partnership Agreements (EPAs) should recognise each country’s level of development so that no country feels disadvantaged. President Kenyatta observed that the ACP countries were at different levels of development and can only reap maximum benefit from the EPAs if their individual levels of economic development are taken into consideration.

Ekaterina Zaharieva announced an EU EUR 15 million security package for southern part of the African continent. "The European Union has two major programmes in the pipeline for southern Africa within the European Development Fund: one is dedicated to peace and security, and the other one – to migration. I would like to announce that this week the EU approved a EUR 15 million package for the peace and security programme that hopefully we will be able to launch sooner rather than later."

Friday, 13 April 2018

Mr Tetteh Hormeku, Head of Programmes at the Third World Network, has advised governments in the African, Caribbean and Pacific (ACP) countries to use lessons from the Economic Partnership Agreement (EPA) for the post-Cotonou possible framework. He said the ACP countries would get “the same rotten deal we got from the EPA” if they failed to apply the experiences gained from the EPA. Mr Hormeku was speaking at the opening of a two-day Civil Society Consultative Seminar on the Post-Cotonou Agreement in Accra.

While preparing for talks on future relations with the European Union (EU) after the Cotonou Agreement expires in February 2020, the African, Caribbean and Pacific Group of States (ACP) is engaged in concerted efforts to reshape itself into "an effective global player" serving as a catalyst and an advocate for defending, protecting and advancing multilateralism, within the overarching framework of the UN 2030 Agenda for Sustainable Development including 17 Sustainable Development Goals (SDGs).

The European Union (EU) on Wednesday inaugurated 956,000 euros (about N4.3 billion) projects in support of Person With Albinisms (PWAs), provision of water and sanitation management in the Niger Delta The EU Head of Delegation and Ambassador to Nigeria and ECOWAS, Ketil Karlsen, said this in an interview with the News Agency of Nigeria (NAN) at the end of project inauguration ceremony in Abuja. Mr Karlsen said that the projects were part of EU activities to promote, protect human rights in Nigeria and mitigate the conflict in Niger Delta region by addressing the cause of unrest and violence.

Commissioner for International Cooperation and Development, Neven Mimica is visiting South Africa, where he is meeting, the Minister of Finance Mr Nhlanhla Nene, and the Minister for Small Business Development, Ms Lindiwe Zulu. Commissioner for International Cooperation and Development, Neven Mimica is visiting South Africa, where he is meeting the Minister of Finance, Mr Nhlanhla Nene, and the Minister for Small Business Development, Ms Lindiwe Zulu.

Thursday, 12 April 2018

The European Union and its Member States continue to be the world's leading provider of Official Development Assistance (ODA) with an overall amount of €75.7 billion in 2017, confirm the newly released figures by the OECD-DAC. This amount represents 0.50% of EU Gross National Income (GNI). This is significantly above the 0.21% average of the non-EU members of the Development Assistance Committee (DAC), despite a small decrease compared to the previous year. Global ODA, reported to the OECD-DAC by all donors, decreased from €131 billion in 2016 to €130 billion in 2017.

France’s development spending increased in 2017, but after years of successive decline, that has only returned it to 2012 levels. EURACTIV.fr reports. Following years of decline in the budget for development aid, France increased it by 15% between 2016 and 2017, according to statistics published by the OECD’s Development Assistance Committee (DAC) on 8 April.

While the UK prepares to leave one of the world's largest trading blocs, Africa's most populous country, Nigeria, is declining to join one in the first place. Nigerian President Buhari is yet to sign the Economic Partnership Agreement (EPA), which aims to establish a free trade area between 16 West African countries (and Mauritania) and the European Union.