Video guest: Josephine Mwangi

October 2017
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EDITO
Sunday, 22 October 2017

Sahel Capital, fund manager for the Fund for Agricultural Finance in Nigeria (“FAFIN”), is pleased to announce the successful $65.9 million final close of its debut fund. As part of this close, the African Development Bank, CDC Group, and the Dutch Good Growth Fund have jointly committed $31 million to FAFIN, joining existing co‐sponsors of the fund to drive agricultural transformation in Nigeria. As part of this round, KfW Development Bank has also offered to increase its commitments to FAFIN by an additional $10 million, subject to final approvals, which if provided would increase the fund size to $76 million by December 2017.

Tuesday, 11 July 2017

Countries from the Indian Ocean Islands and East Africa have come together to develop strategies to tackle illegal fishing and increase accountability in fisheries practices. For two days, representatives from the fishing industry, civil society, governments and fishing administrations from Seychelles, Mauritius, Comoros, Madagascar, Tanzania, Kenya and Mozambique, met on Mahe Island, Seychelles, to discuss the Fisheries Transparency Initiative (FiTI), a global initiative to tackle illegal fishing. African countries are particularly vulnerable to overfishing and depletion of fish stock due to opaque and unregulated fishing practices by both foreign companies as well as local communities. According to the Food and Agriculture Organization of the UN (FAO), the fisheries sector in Africa employs more than 12 million people. However, the depletion of fish stock in Africa is a major push factor in the migration of young people to Europe and elsewhere.

Tuesday, 04 July 2017

Government and Unilever today announced a Joint Vision to transform the Twifo Oil Palm Plantation (TOPP) into a state-of-the-art sustainable palm oil plantation. Vice President, Dr Mahamudu Bawumia and Unilever Global CEO, Paul Polman, agreed on a Joint Vision, outlining their support for the development of a sustainable palm oil industry in Ghana. Under this Joint Vision, Unilever and the Government of Ghana will work together to develop the plantation, support smallholder farmers, and help ensure a positive impact on the local economy.Dr Bawumia commended Unilever for the support it has offered the Ghanaian economy over the years through its continuous presence and operations in Ghana.

Negotiations for a new fisheries deal between the European Union (EU) and Guinea-Bissau (GB) have been put on hold due to unrealistic economic and technical conditions proposed by authorities of the African country, reported Europêche. The European fishing vessel owners expect that the discussion of this new agreement, which would allow around 50 EU vessels to continue fishing important species such as tuna, cephalopods, horse mackerel or shrimp in GB's waters for the next years in a transparent legal framework, can resume and lead to a realistic agreement beneficial for both parties in the near future. "Our fishing vessel owners are willing to continue operating in GB waters under the most transparent fisheries agreement in the world.

Farmers are set to benefit from the Africa Improved Foods (AIF), a food processing factory that was unveiled Wednesday. Speaking at the official unveiling of the plant, various officials said the Kigali Special Economic Zone-based factory will be fed by raw materials produced locally. Officials said sourcing raw materials from local farmers is a key element that will benefit not only the producers but the country as well as the manufacturer. However, it was noted that local farmers still lack the capacity to satisfy the needs of the factory. AIF Rwanda is a joint venture between the Government of Rwanda and a consortium of four international partners; Royal DSM, Dutch development bank-FMO, CDC Group plc (the UK government’s Development Finance Institution) and IFC.

A group of Italian business people plan to invest in the construction of a shipyard for assembly and repair of fishing vessels in the municipality of Soyo, in Angola’s Zaire province, the director of Italian company Ac Enterprises said on Wednesday in the city. Orazio Omata also told Angolan news agency Angop news that the investment will be made in partnership with the Angolan company Pele Angola. Omata said that a shipyard is a project of major importance, as it makes it possible to assemble and repair fishing vessels to operate in the region and the re-launch of the fishing sector in the province. Alongside the shipyard the company plans in August to start building a factory to process fish in the city’s industrial hub.

Monday, 03 July 2017

The Imaging Technology for Precision Agriculture Industry 2017 Market Research Report is a professional and in-depth study on the current state of the Imaging Technology for Precision Agriculture industry. Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Imaging Technology for Precision Agriculture market analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status. Secondly, development policies and plans are discussed as well as manufacturing processes and cost structures.

Representatives of Guinea-Bissau and the European Union (EU) are meeting in Brussels on Monday for a new round of negotiations on the next fishing agreement the EU will have with the country, according to the local press. This new round, which runs until Wednesday, is the fourth since the end of March that the parties have held without reaching an understanding on the format of the new agreement. Guinea Bissau’s Fisheries Minister Orlando Viegas said at the end of the third round earlier this month that the differences of opinion in the process lie in the model each party intends to give to the new agreement, according to the report published in Jornal de Angola. The proposals put forward by the Guinean authorities require an increase of rates compared with what the EU has been paying for the rights to explore the Exclusive Economic Zone’s fishing resources.

As a company focused on its customers, and one that is expanding in Africa, it was natural for Aller Aqua to support World Aquaculture 2017 the first time it takes place in Africa. Since Aller Aqua was established, focus has been on the customers and what the company could do to help them achieve maximum output from their fish farms. Implementing costumer focus as one of the company values has enabled Aller Aqua to achieve continued growth, first in Europe, then Asia and now Africa. World Aquaculture 2017 is sponsored by Aller Aqua, and puts a spotlight on Africa.

A senior European Union (EU) official in the Caribbean said Europe is ready to continue the global leadership on the fight against climate change, including helping the poor and vulnerable countries in the region. Underlining the challenges posed by climate change, Head of the European Union Delegation to Barbados, the Eastern Caribbean States, the OECS, and CARICOM/CARIFORUM, Ambassador Daniela Tramacere made it clear that the EU has no plan to abandon the extraordinary Agreement reached in Paris in 2015 by nearly 200 countries.