The Government’s development strategy is to be further advanced with another allotment of $10.1 million in the 2016/17 Estimates of Expenditure, now before the House of Representatives. The sum has been provided under the Technical Cooperation Facility IV project, which aims to contribute to the implementation of the Jamaican Government’s development strategy, through support to programmes financed by the European Development Fund (EDF) and a coherent and informed approach to development and trade issues. The main purpose of the project is to identify, formulate and implement programmes financed under the EDF and other European Union (EU) funds.
The Head, Trade and Economics Section of the European Union (EU) Delegation to Nigeria and the Economic Community of West African States (ECOWAS), Filippo Amato, said the EU has provided 19million pounds (about N5.6billion) grants to Nigeria through the National Planning Commission (NPC) to drive the diversification of the economy from oil to non-oil. Speaking during the final national training on standards on code of practices for Nigerian agricultural products for exportation in Abuja, he said the grant was implemented through the Nigerian Private Sector Competitiveness Support Programme and aims to improve the business and investment climate through the improvement and implementation of regulatory reforms, especially in the areas of competition policy, land titling and business licensing with pilots in Kano State.
Agriculture will play a crucial role in addressing the planet’s future needs – whether on food production, health or the preservation of the environment. But transforming the dominant agricultural model could be the greatest challenge of all. Last year the United Nations adopted its post-2015 agenda, setting out 17 Sustainable Development Goals to tackle contemporary global challenges by 2030. The goals span the whole range of policy areas, from rural poverty to global hunger, climate resilience, and population growth. Nine of them are directly or indirectly connected with farming, conferring a special multi-dimensional status to agriculture.
Barclays Bank Zambia has pledged to support businesses in the agriculture value chain aimed at accelerating the country's diversification agenda. Barclays Bank business banking director Regina Mulenga said her bank would provide support to businesses in the agriculture value chain in order for the sector to thrive. Ms Mulenga said Barclays Bank was fully committed to supporting the diversification of the Zambian economy in an effort to reduce over dependency on the mining sector. She said this in an interview at the Agritech Expo held in Chisamba at the weekend.
Nestlé Waters has opened a new manufacturing plant in Abaji, Nigeria. The 25 million CHF factory will produce Nestlé Pure Life water. It is Nestlé’s most modern water processing facility in Central and West Africa. The facility will complement Nestlé Waters’ existing factory at Agbara in the Ogun State. As well as processing water the new site will be home to a Technical Training Centre for Nigerian engineering students. And as part of our commitments to improve access to water and sanitation across our value chain, we will provide free access to clean drinking water from taps at the gates of the new factory to an estimated 1,000 local people. This follows similar initiatives at our Agbara and Douala factories.
This report examines various interactions between trade policy, with a specific focus on market access conditions, and factors that constitute the basis for achieving sustainable development. Market access conditions vis-avis imports are determined by a combination of border measures and behind the border measures, both of which add costs to the price of an imported product. By generating significant impact upon consumer welfare and the competitiveness of domestic industries, market access conditions in international trade thus are a key determinant of the effectiveness of trade as a means of implementation.
Water for Growth-Rwanda programme, was launched on Thursday to improve the management of water resources in the country. The four-year joint initiative between Rwanda and the Netherlands, comes at a time when the government is devising means to mitigate effects of climate change, which includes water resources management challenges, according to Ministry of Natural Resources. The programme was launched in Muhanga District, where hundreds of residents joined national and international dignitaries to plant bamboo along River Miguramo to combat riverbank erosion.
The Swedish Government has provided K264 million for the rehabilitation of Kariba Dam to save the dam from collapsing and ensure power generation for Zambia and Zimbabwe. And Kariba Dam has recorded an increase in water levels to 15 percent from 12 percent observed at the beginning of March. According to a report in Swedish Development Today publication, Swedish embassy deputy head of mission David Wiking said the deal could be concluded in June and that the assistance will come to Zambia through Sweden’s development arm – Swedish Development Aid (SIDA).
On 18 February, 2016, the UK’s Department for International Development (DFID), together with co-partners SIDA (Sweden) and DANIDA (Denmark) launched a new Land Tenure Support Programme. The UK’s contribution is £ 4.74M, SIDA £3.0M and DANIDA £1.125M. The Land Tenure Support Programme will support the Government of Tanzania (...) to make information on land records and processes of land allocation publicly available, and clarify and address current constraints to protecting legitimate land claims. Ultimately, these measures are expected to strengthen security of tenure, contributing to growth in agricultural production and more and better-planned investment in urban infrastructure, including housing.
The Government of Sierra Leone and the World Bank today signed a US$40 million credit agreement to support smallholder commercialization and agribusiness development in Sierra Leone. The project is co-financed by the UK's Department for International Development (DFID) with an additional US$15 million making the total project funding of US$55 million. The project was approved by the World Bank Board of Executive Directors on February 18, 2016 and will run until May 31, 2021. The Smallholder Commercialization and Agribusiness Development project will promote smallholder commercialization by fostering productive business linkages between smallholder farmers and selected agribusiness firms and other commodity off-takers in Sierra Leone.