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ACP-EU Trade

Video guest: Josephine Mwangi

October 2018
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EDITO
Tuesday, 23 October 2018

London has built a reputation as the preferred financial centre for African businesses, and the UK is looking to maintain that position despite Brexit. In recent years, investors seeking high returns have increasingly turned their attentions to Africa, with risk-tolerant investors attracted by high-yield cross-border rail, airport, power plant and even eurobond projects.

Mauritania returned to this year's International Tourism and Travel Show (25-28 September) after a 10-year-plus hiatus to woo investors and give its tourism industry a much-needed kick-start.

Monday, 08 October 2018

This month the European Union (EU) and the African, Caribbean and Pacific (ACP) group are set to embark on negotiations to decide the framework for a new Cotonou Partnership Agreement (CPA), expected to be in place in February 2020. As the process unfolds, it is useful to examine potential avenues for collaboration between the ACP Group and the EU, and also how potential hurdles and new competing partnerships could derail the agreement.

What is the Cotonou Partnership Agreement (CPA)? Signed in June 2000, the CPA is a treaty between the European Union (EU) and 79 African, Caribbean and Pacific (ACP) countries. Its main objectives are poverty reduction, sustainable development and economic integration of ACP countries into the global economy through development cooperation, political cooperation and economic and trade cooperation.

The European Commission and African Union set up a joint rural Africa taskforce in May, after agricultural co-operation was one of the key topics as the EU-Africa summit in Abidjan in November 2017. The task force and its 11 experts were tasked with making recommendations in January 2019, with a mandate that focuses on promoting food security, transferring skills, climate change adaption and investment in agri-business.

Today the EU and 79 countries in Africa, the Caribbean and the Pacific (ACP) group will begin negotiations on the future of their cooperation after 2020. The ambition is to transform today's partnership into a modern political framework geared to deliver on the Sustainable Development Goals. The countries in the EU and the ACP represent more than half of all UN member countries and unite over 1.5 billion people.

Tuesday, 02 October 2018

Cameroon is kicking off the “pure origin” labelling process of the cocoa produced at post-harvest processing excellence centers in the country’s production areas. This will follow a meeting between the Confédération des chocolatiers et confiseurs de France, the Cameroonian cocoa and coffee inter-professional council, the trade minister and the French Ambassador to Cameroon on September 30 in Nkog-Ekogo, the Central region.

World-renowned for its industrial excellence and ability to innovate, Germany no longer wants to play merely a supporting role on the African continent. Although the political will of the world’s 4th largest economy is very real, the nervousness of German companies is currently a limiting factor.

On the sidelines of the IFTM Top Resa International Tourism Fair 2018, Marie Christine Stephenson, the new Minister of Tourism, invited by the Ambassador of Haiti in Paris, Vanessa Lamothe Matignon, participated at the beginning of the week in a high-level tasting of Haitian chocolate, on a barge moored on the Seine.

Friday, 28 September 2018

The EU and Sweden have agreed to contribute €45m ($52m) to a project that aims to help protect marine biodiversity in the Pacific – and crack down on illegal activities such as fish ‘laundering’. The Pacific-European Union Marine Partnership Programme (PEUMP) – backed with €35m from the EU and €10m from Sweden’s government – will try to help regional organisations tackle issues like unsustainable fishing, the impact of climate change and exploitation of people working in the sector.