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ACP-EU Trade

Video guest: Josephine Mwangi

November 2018
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EDITO
Wednesday, 14 November 2018

Whether or not Jean-Claude Juncker’s plans for a “partnership of equals” with Africa becomes reality any time soon, the Luxembourg-based European Investment Bank will have an ever-increasing role in the continent. The External Investment Programme (EIP) promises to leverage €44 billion of investment, predominantly in Africa, by 2020, commitments that may now be stepped up following Juncker’s State of the Union speech last week.

The Saint Lucia Tourism Authority has successfully hosted its eighth annual Showcase, 10th-14th September 2018 for more than 150 UK travel industry specialists. To introduce the programme, the Minister for Tourism, Information and Broadcasting announced the launch of a new National Tourism Advisory Committee, with the aim of creating a common platform for best practice in sustainable tourism for the island.

French Telecoms company, Orange (www.Orange.com) and leading West African Connectivity and Data Centre services provider, MainOne (www.MainOne.net) have struck a partnership that will see the French telecoms giant co-invest in two new cable landing stations in Dakar, Senegal and Abidjan, Cote D’Ivoire while the broadband infrastructure provider will provide additional capacity via its 7000km cable system from Europe to Africa with landing stations in Nigeria, Ghana and Portugal, reinforcing the position of both companies in the African telecommunications ecosystem.

Friday, 21 September 2018

The 2018 Africa Agriculture Trade Monitor (AATM) just launched.

This report is the fruit of a collaboration between the International Food Policy Research Institute (IFPRI) and the Technical Centre for Agricultural and Rural Cooperation (CTA).

Key findings of the Report:

Despite recent growth in agricultural trade deficits, there are promising signs of export diversification, both in commodities traded and trade partners, as well as increasing intra-African trade in agricultural commodities.

The Secretariat of African, Caribbean and Pacific (ACP) Group of States and the government of 115-island Seychelles east of mainland East Africa are organizing a joint event at the margins of the UN General Assembly in New York on September 25, 2018 – enabling Small Island Developing States (SIDS) share experiences in harnessing the blue economy and to identify areas of further development.

Friday, 14 September 2018

A delegation from the government of Togo, led by the President Faure Gnassingbé, has visited BBOXX’s London headquarters last week. BBOXX has been operating in Togo since December 2017, after it forged a partnership with the government to provide greater energy access.

The Minister of International Relations and Cooperation, Ms Lindiwe Sisulu, will on Monday, 10 September 2018, receive Mr Didier Reynders, the Deputy Prime Minister and Minister of Foreign Affairs and European Affairs of the Kingdom of Belgium who is on a Working Visit to South Africa from 7 to 10 September 2018.

The UK currently accounts for 20 percent of the EU’s banana market, leaving African producers concerned that London will opt to import cheaper American banana after Brexit. Britons consume around 1.1 million metric tons of bananas a year, according to African banana lobby Afruibana. There is ongoing negotiations about how the EU and UK could divide food import quotas after Brexit.

Thursday, 13 September 2018

On 12 September, on the occasion of his State of the Union Address, President Jean-Claude Juncker said: "Africa does not need charity, it needs true and fair partnership. And we, Europeans need this partnership just as much. Today, we are proposing a new Alliance for Sustainable Investment and Jobs between Europe and Africa.

Strong growth and digitalisation in Africa, makes it the perfect destination for Nordic firms and organisations looking for dynamic new markets and opportunities. At the same time, promising players in Africa can harness Nordic strengths in technology and sustainability for profitable investments in areas touched by continental mega-trends, such as population growth, urbanisation, and the rise of digital currencies, digital trade and growing infrastructure spending.