Video guest: Josephine Mwangi

November 2017
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EDITO
Saturday, 18 November 2017

At the Third International Financing for Development conference in Addis Ababa, Ethiopia, the European Union (EU) pledged to remain the world's most open market, by continuing to import from developing countries and develop schemes, which benefit developing countries. On imports, the EU currently imports €860 billion worth of goods annually from developing countries and it has already indicated funds of up to €6 billion to support trade schemes with developing countries. Via the EU’s Sustainable Energy for All project , €3.5 billion will be allocated to the energy sector  and this is expected to leverage a further €30billion from now until 2020. The EU’s budget support programmes, annually disburse of €1.6 billion to 80 developing countries, while EU direct support to domestic public amounts to €140 million annually.

Wednesday, 22 July 2015

Cabo Verde and the EU will expand their special partnership to new areas, such as renewable energy and strengthening of the private sector. The partnership which began in 2007, shall now include renewable energy and will encourage collaboration with various partners, as well as Member States of the EU. The special partnership was based on six areas – good governance, regional integration, technical and regulatory convergence, security and stability, knowledge society, fighting poverty and supporting development. As part of the upcoming Special Partnership and Europe Day, on 9 May, Cabo Verde and the EU will host several political, cultural and educational activities in Praia and Mindelo, on the island of São Vicente.

As the world’s biggest user and importer of biodiesel, the recent European Parliament ruling which  limits the use of crop-based biofuels is a strong signal that the EU is engaged to meet its  energy targets. Moreover, it also signals the end of a long running debate on the detrimental implications of  biofuel demand for transport on food prices, hunger, forest destruction, land consumption and climate change. Food crops, such as palm oil, soy and rapeseed are currently being used for transport fuel. However, this ruling indicates that the EU shall proactively limit biofuel production from agricultural crops to 7% of EU transport energy, and EU member states have the option to go lower than this. 

Wednesday, 06 May 2015

Angola and Brazil signed a cooperation agreement o facilitate investment and a memorandum of understanding to promote investment in industry, agriculture, energy and services. The memorandum of understanding for the promotion of investments also includes projects that promote the growth of bilateral trade, provision of services and partnerships in industry, agriculture and energy.The two documents were intended to make the economic climate more attractive and favorable for a joint working relationship, both in the public and private sectors, in line with the development of the two countries and the opportunities for South/South cooperation. The two agreements are the result of 40 years of good relations between Angola and Brazil.

Mozambique and India will continue their cooperation in the exploration of mineral and hydrocarbon resources in the country. The partnership between the two countries appears to be strong and should expand. Indian companies are already active in projects related to the exploitation of oil and mineral resources, especially the extraction of gas in the Rovuma basin.

Tuesday, 21 April 2015

The Food and Agriculture Organization of the UN (FAO) has released a report presenting the potential uses of geothermal energy for food production and processing in developing countries. The report, titled 'Uses of Geothermal Energy in Food and Agriculture: Opportunities for Developing Countries,' explains that heat generated from geothermal energy can be used in many activities, such as drying foods, pasteurizing milk, sterilizing produce, as well as heating greenhouses, soils, and water for fish farming.  Many developing economies lose as much as half their harvest, and this is also beacuse of affordable energy for food processing. Developing countries could increase their food security by using their abundant geothermal resources to process foods for a longer shelf life.

Friday, 17 April 2015

This draft report on ‘The External impact of EU trade and investment policy in public-private initiatives outside the EU’, calls on ‘EU bodies to encourage EU companies participating in PPPs in third countries, in particular in least-developed countries, to work in accordance with the principle of policy coherence so that development cooperation objectives are taken into consideration; calls on the Commission, furthermore, to encourage sustainable investments and promote projects focused on environmental protection, waste management or the use of renewable energies, for instance.’ It also notes ‘Notes that SMEs and larger companies can provide unique private-sector know-how, experience, and networks involving public authority in non-EU countries.’

Friday, 27 March 2015

Researchers from the University of Nairobi, Kenya, with support from Bio-resource Innovations Network for Eastern Africa Development (Bio-Innovate) Program developed superior, better-yielding, drought-resistant beans. They have much shorter cooking time, about 40 % less cooking time, which makes it a convenient investment for the canning industry as it significantly reduces energy costs. Additionally, beans ‘considered’ a woman’s crop can bring significant advances for women. These varieties are expected to have a strong impact in countries in eastern Africa, including Burundi, Rwanda, Tanzania and Uganda.

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Tuesday, 17 March 2015

The French electrical firm Schneider has announced a fund of €54.5 million euro to finance access to energy in sub-Saharan Africa. The Energy Access Ventures Fund specifically targets the 625 million inhabitants of sub-Saharan Africa who do not have access to electricity. They aim to bring electricity to one million households by 2020 through investments in about 20 small and medium African businesses. The fund shall provide technical assistance to businesses that are developing low-carbon and cheap energy to peri-urban and rural populations. The Schneider Group shall work in partnership with several European institutions such as the European bank of investment (BEI), the French agency for development (AFD) and the Africa business support and investment fund (Fisea).

The Local Enterprise and Value Chain Enhancement (LEVE) modernizationProject co-financed to the tune of $ 250,000 the Caribbean Harvest to enablethem to double their production of tilapia, from 1.2 to 2.4 tonnes. 300 cagesfor fry will be provided to 150 farmers who live on Lake Azueï to allow them tobreed fingerlings to market size. This co-financing will also be used toincrease the capacity of solar equipment to 60 kilowatts to the Farm HarvestCaribbean "The LEVE co-financing will enable more farmers to producetilapia, providing them and also to their families, improved livelihoods,"stressed Dr. Valentin Abe, CEO of Caribbean Harvest.

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