Video guest: Josephine Mwangi

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EDITO
Sunday, 22 April 2018
The European Commission has announced phase two of the ACP-EU Water Facility, setting aside €200 million to help to tackle water and sanitation problems in the African, Caribbean and Pacific (ACP) countries. It will launch a call for proposals at the beginning of 2010. Between 2004 and 2006, the Water Facility financed 175 proposals, contributing €414.5 million out of the total project costs of €788 million. European institutions have doubled their support to the water and sanitation sector since 2002 . They are also spending more on basic water supply and sanitation for the poor - up from 22% of the aid in 2007 to 37% in 2009, and relatively less on large water supply and sanitation systems. EU donors give on average €1 billion every year to the water and sanitation sector, according to EUWI, the EU Water Initiative.
Wednesday, 14 October 2009
African, Caribbean and Pacific (ACP) Secretary-General, Sir John Kaputin has re-iterated that the Economic Partnership Agreements (EPAs) have continued to pose a great challenge to the ACP Group of States at the national, regional and all-ACP levels. He told ACP chief negotiators attending the Meeting of the Technical Follow-up Group on negotiation and implementation of EPAs that the challenge is due to the fact that the EPA process has created a differentiation within the ACP as a Group and in some of the regions. Sir John agreed that ACP regions and some ACP countries within their designated regions are progressing at variable speeds. Overall, only 25 ACP countries have signed a full or interim EPA, 11 have initialled but not signed while 42 have neither initialled nor signed any agreement.
Africa is asking its team of trade negotiators working on the Economic Partnership Agreement to focus on economic development before deciding on opening up markets to the European Union. Mr Erastus Mwencha, the deputy head of African Union Commission, says the continent should not be tied to timelines on the deal that envisages full access to African markets by 2025. Mr Mwencha on Monday told the EU-Africa Business forum in Nairobi that the proposed date was unrealistic. Africa will wait for national incomes and the efficiency of its industries improve to compete with the EU, the official said.
The Fiji Sugar Corporation's shipment last week of 30,385 tonnes will be the last enjoyed under the Sugar Protocol. Prime Minister's Office sugar economist Viliame Gucake said that FSC would be paid the new price -- 36 per cent less from the current price - from its fourth shipment until 2015. The preferential price under the ACP/EU Sugar Protocol expires today. Mr Gucake said the State had hoped that the preferential price that Fiji and other ACP sugar producing countries have enjoyed would be extended. He said since Fiji was the furthest sugar-producing country from the market - as brokered by UK firm Tate and Lyle -- the shipment would take about three to four weeks to reach there. Mr Gucake explained that under the new price, a net of $858 would be paid per tonne. "From the net of $1192 per tonne to $858 from October 1," he said. He said the FSC had exported a total of 80,043 tonnes of raw sugar in its first three shipments. Mr Gucake said the company would be receiving $95.4million from the three shipments. Fiji Cane Growers Association general secretary Bala Dass said there was nothing farmers could do about the new price, in which they would definitely lose out on. He believed there should be a plan to cushion the loss that would be incurred by the farmers.
The European Investment Bank (EIB) may be dolling out billions of euros in loans to small businesses, but it has no intention of behaving like a commercial bank, Philippe de Fontaine Vive, EIB vice-president, told EurActiv France in an interview. He said that although all independent European firms with fewer than 250 employees are eligible for an EIB loan, the bank is still relatively unknown in EU countries.
The International Monetary Fund (IMF) has cut its estimate of global banking losses in the last six months but forecast an increase in writedowns in the next year. "Actual and potential writedowns from bad assets such as loans and securities have fallen by some $600 billion over the past six months, from about $4 trillion to $3.4 trillion, as a lessening in financial stress has narrowed spreads", reads the biannual Global Financial Stability Report published on 30 September by the IMF. The encouraging review, based on the IMF's worst-case estimates in April, has been welcomed by financial operators, although the new data provided by the fund are not only positive.
A team from the European Commission delegation in Barbados was in Antigua to discuss political and economic developments in the country as part of the annual Mid Term Review of projects and programmes. The Ministry of Finance, the Economy and Public Administration is the public sector mechanism that will be the main beneficiary of 10th European Development Fund (EDF) support.
It feels nice, very nice,” says Kirsti Kauppi, the new Director General of the Department for Africa and the Middle East on her return from Central Europe to issues concerning Africa. “It’s interesting to see how sub-Saharan Africa looks now, 20 years later,” she continues. Kirsti Kauppi assumed the post of Director General at the beginning of September.
EU executive foresees some EU-level supervision; difficult talks predicted. The European Commission presented proposals for a major reform of financial supervision in the EU that would transfer some binding powers from member states to authorities at an EU level.Under the proposals, EU authorities would be empowered to settle disputes between national supervisors for the banking, insurance and securities sectors, and take emergency measures in a crisis such as restrictions on short-selling. They would also be tasked with drawing up harmonised technical standards – for example, on liquidity standards and reporting frameworks – that would be applied in all member states. The Commission proposals foresee that the authorities might eventually be given direct supervisory powers over some large institutions, replacing national supervisors.
Tuesday, 13 October 2009

Mr Stefano Manservisi has been the European Commission’s Director-General for Development since November 2004. In this capacity, he helps the Commissioner for Development and Humanitarian Aid to formulate the EU’s development co-operation policy. He also oversees the programming of EU development assistance in the 78 partner countries of the EU in Africa, the Caribbean and the Pacific.

Mr Stefano Manservisi explains to us the European Development Days (EDD) which is a key European platform for discussion and exchange on global challenges in all key areas – governance, climate change, international finance, trade, food security, water, energy, the role of the media and human and social rights. This forum blend a great diversity of political leaders and parliamentarians, international institutions, local authorities, NGOs, business leaders, academics, researchers, media representatives and the young.

This year’s EDD, in Stockholm (22-24 October), falls one month after the G-20 Leaders meeting in Pittsburgh, two weeks after the IMF-World Bank meeting in Istanbul and six weeks before the UN Climate Change Conference in Copenhagen. Against this backdrop, the 2009 edition will focus on the global response to the economic downturn and climate change, as well as on the challenges of democracy and development.

CTA's contribution will be: a high-level round table on Global land acquisition (22nd October), the funding of 30 experts form the ACP countries, the organisation of 13 ACP stands in the development village and the support to the training of 15 African rural radio journalists as part of a partnership with the EC and Deutsche Welle.