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Development Policy

Video guest: Josephine Mwangi

December 2018
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EDITO
Friday, 14 December 2018

Disaster management in the Caribbean region is getting a boost with a 20 million euro grant from the European Union, according to the Caribbean Disaster Emergency Management Agency (CDEMA). The funds are expected to support the strengthening of National Disaster Offices and CDEMA in the implementation of the 2014-2024 Comprehensive Disaster Management Strategy, the agency said in a release Friday.

The Head of the European Union delegation and MINEPAT held discussions in Yaounde on November 19, 2014. The government of Cameroon and the European Union (EU) will in the days ahead hold a working session to seek ways of better implementing the Economic Partnership Agreement (EPA) which among others entails a free movement of goods among signatory countries. The Head of the European Union delegation in Cameroon, Françoise Collet, and Cameroon's Minister of the Economy, Planning and Regional Development (MINEPAT), Emmanuel Nganou Djoumessi, held discussions on Wednesday November 19 in Yaounde on the issue among others.

Following an eight year hiatus, the European Union and Senegal on Thursday signed a new five-year Sustainable Fisheries Partnership Agreement. The agreement will allow up to 38 EU boats to fish in Senegalese waters in return for a EUR8.69 million payment by the EU. This represents good value for money for both parties and, as with all of the EU's fishing partnerships, the agreement is based on the principles of resource sustainability, good governance, and local development.

The region’s fisheries stakeholders to deepen their understanding of the “blue growth concept” at a two-day workshop in St. George’s, Grenada under the theme, “Investing in Blue Economic Growth” on November 20-21, 2014.   The Blue Growth Concept is mainly concerned about how to generate economic growth from the living resources in the oceans and seas.   The Blue Growth seeks to achieve growth by sustainable use and conservation of aquatic renewable resources in the exclusive economic zones (EEZ) and on the high seas, in an economically, socially and environmentally responsible manner.

Monday, 24 November 2014

At the recently concluded G20 Leaders’ Summit in Australia, the BRICS – Brazil, Russia, India, China and South Africa – countries announced that an interim board of directors has been constituted to establish the National Development Bank (NDB) – an IMF-like institution specifically designed to support the five economies. Also, the BRICS leaders urged their finance ministers to appoint an NDB president and vice-president well before the next BRICS summit scheduled to hold in Russia next year. Set up to counter the dominance of the United States exerted via the World Bank and the International Monetary Fund (IMF), the core objective of the NDB is to foster greater financial and development cooperation among the five emerging markets, four of which account for 41 percent of the world’s population. 

Friday, 21 November 2014

As part of the ways to celebrate the inauguration of the new board of the Nigerian Belgian Chamber of Commerce (NBCC), the Chamber has also formed the Nigerian-Belgian business club, a parallel body that will equally support the activities and objectives of the Chamber. This will help further promote mutual business interest between Belgium and Nigeria and bring to bear areas of strengths that can be leveraged upon by the business communities of both nations. Speaking during the inauguration of new board members, Tunde Okoya, president of the Nigerian Belgian Chamber of Commerce, said there are similarities between these two nations, the most obvious being Belgium’s role as the gateway to Europe and Nigeria, has now become the gateway to Africa by virtue of its being the largest economy on the continent.

 

The Africa-China Poverty reduction and Development Conference concluded on Wednesday (November 19) with African and Chinese officials today calling for a deepening of the partnership between the two partners. Co-hosted by the Government of Ethiopia, the African Union Commission, the International Poverty Reduction Centre in China and the United Nations Development Program, the conference explored the current state of development work in Africa and identified key areas for joint initiatives. The conference was attended by around 200 participants, including government officials from African countries and China, as well as experts and scholars from the private sector, civil society and international organizations. 

There's no easy way to say this: You're eating too much chocolate, all of you. And it's getting so out of hand that the world could be headed towards a potentially disastrous (if you love chocolate) scenario if it doesn't stop. Those are, roughly speaking, the words of two huge chocolate makers, Mars, Inc. and Barry Callebaut. And there's some data to back them up. Chocolate deficits, whereby farmers produce less cocoa than the world eats, are becoming the norm. Already, we are in the midst of what could be the longest streak of consecutive chocolate deficits in more than 50 years. It also looks like deficits aren't just carrying over from year-to-year—the industry expects them to grow.

Thursday, 20 November 2014

Cabo Verde (Cape Verde) is due Tuesday to receive a business delegation from the European Union (EU), called “Mission for Growth”, composed of about 50 entrepreneurs from eleven Member States, the Cape Verdean press reported. The newspaper added that the group will visit the islands of Santiago, Sal and Sao Vicente and had already identified priorities in areas such as light industry, agri-business and tourism. The entrepreneurs belong to 40 organisations from eleven Member States – Portugal, Spain, Luxembourg, Czech Republic, Italy, Slovenia, Croatia, Germany, Belgium, the Netherlands and Hungary – and are interested in light industry (textile and footwear), agri-business, renewable energy, maritime and fishing industry and tourism.

Wednesday, 19 November 2014

The sugar market in Europe is envisaged to become more competitive by 2017. This after the World Trade Organization (WTO) has obliged the European Union to do away with the preferential market access by 2017 for sugar coming from African, Caribbean and Pacific countries. However, the EU head of delegation to the Pacific Andrew Jacobs says they are working on providing all the support they can to support Fiji’s sugar industry to help make it more competitive.