Video guest: Josephine Mwangi

December 2017
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EDITO
Sunday, 17 December 2017

During an official visit to Kenya, the European Investment Bank (EIB) has pledged new support for projects in the power and transport sectors.Also, at a press conference In Nairobi with Cabinet Secretary for the Treasury Henry K. Rotich, the signature of a connectivity project was announced. The EIB’s three-day programme will include a site visit to the Lake Turkana Wind Park, the largest windfarm in sub-Saharan Africa developed by the private sector, which the EIB helped finance in 2014.At the Treasury the EIB signed the “Last Mile Connectivity” project, which will connect nearly 300.000 Kenyan households (equalling up to 1.5 million Kenyans) to the national electricity grid.

Friday, 31 March 2017

The outlook for Ethiopia remains positive, Ethiopian Minister Arkebe Oqubay, Special Advisor to the Prime Minister, has said. The minister was speaking during the ‘Doing Business in Ethiopia Seminar’ that was organised by the Netherlands-African Business Council on behalf of the Ethiopian Embassy in Brussels and the Common Fund for Commodities.

Representatives from small island developing States (SIDS) from the Caribbean and the Pacific regions are meeting this week in Sydney, Australia, to discuss partnership and resource opportunities for a proposed interregional IAEA technical cooperation project on SIDS. International and regional organizations including the Australian Nuclear Science and Technology Organisation (ANSTO), the Pacific Community (SPC), the Secretariat of the Pacific Regional Environment Programme (SPREP), the European Investment Bank and the US Regional Environmental Office are also attending the meeting.

The signing of the Treaty of Rome, which established the European Economic Community (EEC) 60 years ago in March 1957, came at a tumultuous time in relations between Europe and Africa. Just weeks earlier Kwame Nkrumah had declared Ghana a republic, an event which was a turning point in the decolonisation of sub-Saharan Africa. Nkrumah remarked that the treaty's inclusion of colonial territories was to neocolonialism what the Berlin Treaty of 1885 had been to colonialism.

The Governments of New Zealand and Samoa, the Asian Development Bank and the European Union are combining to further develop hydro-electric power in Samoa. A ceremony today turned the first sod for the construction of the Fuluasou hydropower plant which has a preliminary capacity of 0.68 megawatts

President Nana Addo Dankwa Akufo-Addo has commended France for assisting Ghana, especially in the area of security, with the hope that the bilateral relationship between the two countries will help bring massive development into the country.

In East Africa, the Kenyan government has approved 6.7 billion ($65 million) towards the country's last mile connectivity project. The loan signed with European Investment Bank (EIB) concerns a multiple scheme electrification project, targeting universal access to electricity for the Kenyan population by 2020, the Standard reported.

Thursday, 30 March 2017

For two days last week, on March 9 and 10, trade ministers from Commonwealth countries met in London to explore ways of boosting intra-Commonwealth trade and investment. It was the first time that the Commonwealth, which is not a trading bloc, but a loose organisation of 52 predominantly former British colonies, would meet to develop a trade agenda.

To boost the Kaduna State economy, the United States of America, European Union, foreign and other local investors within and outside Nigeria have expressed interest in the 2017 edition of the Kaduna Investment Summit, tagged, Kadinvest 2.0.

Wednesday, 29 March 2017

Britain’s departure from the EU will challenge the bloc’s role as the world leading aid donor, and could see EU aid shrink by up to 3%, according to an authoritative new study by the European Parliament. The EU is the world’s largest aid donor, and the UK in absolute terms, is the second biggest, giving some $18.7bn.