Video guest: Josephine Mwangi

April 2018
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EDITO
Monday, 23 April 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.

The capacity of Mombasa, East Africa’s principal port, will soon increase after an investment of €1,46 billion by the European Investment Bank (EIB) to cut time lost in traffic jams and congested ports. The funding announced in Luxembourg on Thursday will also improve sustainable local transport.

The country will gain a National Agriculture and Food Center (CNA) worth USD 200 million for manufacturing, transformation, preservation and distribution of locally produced food. The infrastructure, believed to be the largest agro-food center in African, will be built in Luanda's urban area near the satellite Kilamba city.

The 2nd edition of agrofood and plastprintpack Ethiopia 2018 has scored with an outstanding participation of international market leaders. Taking place from 3rd to 5th May 2018, at the Millennium Hall in Addis Ababa, more than 60 exhibitors from 17 countries present their innovations at Ethiopia's 2nd International Trade Show on Agriculture, Food, Plastics, Printing and Packaging. The event is organised by the German exhibition specialists fairtrade (www.fairtrade-messe.de) and their Ethiopian partners Prana Events.

The Minister of Food and Agriculture, Dr Owusu Afriyie Akoto, is wooing Czech investors to the agricultural sector in Ghana. He has told Czech investors that Ghana has some of the best policies for foreign investors and urged them to take advantage of the opportunity to invest in the country’s agricultural sector. Dr Akoto was addressing a Czech Republic-Ghana agro-food business forum at the ongoing TECHAGRO 2018 exhibition in Brno in the Czech Republic.

Friday, 13 April 2018

Agribusiness stakeholders in the country are set for a trade mission to the Netherlands to study innovative food production systems and agricultural export models. The three-day mission will largely focus on horticulture, but integrate general agribusiness, seeking to expose Kenya to the Dutch’s developed and sustainable economy, mainly driven by innovative agribusiness production.

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.

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

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.

Wednesday, 11 April 2018

Unilever Tea recently signed an agreement with Cross-Boundary Energy for the installation and operation of a 600kW solar power plant at the company’s Kericho tea plantation in Kenya. The plant is expected to start producing power in mid-2018 with Unilever to pay monthly power bills generated by Cross Boundary Energy who will finance and operate the plant for 15 years. The solar plant is the first commercial and industrial power purchase agreement for the company in Africa and is expected to deliver substantial savings on power costs and reduce its carbon emissions by over 10,000 tonnes over the plant’s 30-year lifetime.