Video guest: Josephine Mwangi

April 2018
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EDITO
Monday, 23 April 2018

The secondary effect of the common agricultural policy (CAP) on African agriculture is a source of concern for MEPs. In recent years exports of powdered milk have soared, threatening the African dairy sector. If Europeans farmers profit from the policy set up by the EU, the collateral damages in developing countries can sometimes be quite significant.

The Ministry of Food and Agriculture has urged exporters of agricultural produce to comply with all regulations and support the Ministry to meet its target of creating jobs through food production. The Ministry would continue to work with the European Union Vegetable Taskforce to help coordinate affairs of compliance and meeting EU phytosanitary regulations. Some of the measures include establishing the Green Label Certification system to add value to Ghanaian produce for export, and tightening inspection of horticulture produce submitted for exports at various ports

Thursday, 15 March 2018

European sugar is turning up in odd places. Production from the region’s beet farms is drawing buyers as far away as Haiti, once a major grower of cane in the Caribbean, and Sierra Leone in sub-Saharan Africa. It’s even shown up on the Pacific island of Pitcairn, one of the remotest abodes on Earth. Any demand is good news for producers such as Suedzucker AG, the world’s biggest, and main European rival Nordzucker AG as a supply glut has pushed white-sugar prices down 27 percent this year in London. That followed a European Union decision to end quotas on output and exports.

Cameroon exports an average of 300,000 tons of bananas per year to the European Union (EU), the new EU ambassador and head of delegation announced on Monday.According to Hans-Peter Schadek, who is increasing contacts with the Cameroonian authorities, partnership between the EU and Cameroon must be strengthen in several sectors of activity. On supporting the banana sector, he said, “that this is an important action that has been going on for some time and that has now reached a cruising speed of nearly 300,000 tons of bananas exported each year by Cameroon to the European Union market.”

Fiji has received 23 million euros ($F56,973,543) from the European Commission out of the promised 44.4 million euros ($F109,983,710) to aid in the reform and long-term sustainability plans for the sugarcane industry. According to the Fiji Sugar Corporation's 2017 Annual Report, the 44.4m euros was to aid in Fiji's reform and restructure programs, allowing Fiji to become more sustainable and competitive in the international market. "The last major reform of the EU sugar sector in 2006, the advent of the Economic Partnership Agreements in 2008 and the denunciation of the ACP-EU Sugar Protocol represented some of the major challenges that Fiji, along with other ACP small and vulnerable communities, had to grapple with," the FSC said in its report.

Tuesday, 28 November 2017

A workshop recently hosted by the Embassy of Italy in South Africa, in collaboration with the European Union Delegation in South Africa, Wesgro and the Department of Trade and Industry hosted a workshop on the Protection and Promotion of Geographical Indications (GI) aimed to create awareness on the benefits that can be derived from the effective protection and use of GIs in South African and EU for the development of small-scale, local and rural economies, particularly in the agro-food sector, and for enhancing export opportunities and boosting international trade flows.

The European Commission has defined concrete areas of investments for its External Investment Plan. The new plan will mobilise €44 billion of sustainable investment for Africa and the EU Neighbourhood countries. The European Commission singles out five areas of investment, so-called "investment windows", in which the first actions of the External Investment Plan (EIP) will be implemented. These investment areas are crucial for the sustainable development in countries in Africa and the EU Neighbourhood countries.

Friday, 24 November 2017

Amethis Finance, a Paris-based company focused on investing in debt and equity in Africa, is seeking to raise Sh36 billion for investment in 11 countries including Kenya. Amethis Fund II is a 10-year closed-end generalist private equity fund targeting mid-market companies in financial institutions, fast-moving consumer goods, healthcare, agribusiness, education, IT and telecommunications. The International Finance Corporation (IFC), the World Bank’s private lending arm, is proposing to inject Sh1.8 billion in equity investment into the fund, its disclosures indicate. Amethis has in the past years invested in Chase Bank, Ramco Group and Kenafric Industries.

The European Union has pledged $30 million to fund development of the livestock value chain in Zimbabwe. The money is part of a $300 million funding programme announced in 2015 to support health, agriculture and governance initiatives through the European Development Fund’s National Indicative Programme. “In pursuit of inclusive and sustainable agriculture based value chains, the European Union in Zimbabwe has launched a new call for proposals to support upgrading and upscaling of livestock based value chains with a proven potential in terms of economic performance and inclusiveness,” the EU said in a statement on Tuesday.

Developing import substitution on exports of fruit and vegetables and addressing market opportunities was on the agenda of a workshop organised by the Pacific Community (SPC) in Nadi yesterday. The two-day discussions were part of the Improving Key Services to Agriculture (IKSA) project implemented by SPC and funded by the European Union. According to SPC, participants would discuss factors generating the selection of produce and ingredients, particularly in terms of menu design at Fiji's resorts, trading of local produce and the ability to meet the demands of resorts as well as production models used to grow produce for timely and reliable local supply.