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November 2017
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EDITO
Saturday, 18 November 2017

China is “available to support sustainable development” in São Tomé and Príncipe through cooperation in the areas of “infrastructure, tourism and agriculture,” said the new Chinese ambassador, Wang Wei, who on Thursday began his diplomatic mission in the São Tomé capital. At the end of the accreditation ceremony chaired by the President of the Republic, Wang Wei stressed that “the Chinese government is willing to contribute to the transformation of São Tomé and Príncipe. The representative of Beijing, referring to financial support of US$146 million that China will grant to the African country, said that “this will certainly be in two parts, one part in technical assistance, the other part in investment.”

Monday, 19 June 2017

SADC has approved to give R20 million each to Madagascar and Seychelles to help the two island nations improve their participation in regional and international trade. The grants were approved by the SADC trade related facility (TRF) programme steering committee, during its seventh meeting held in Gaborone last month. The facility is a mechanism for financial and technical support given to SADC member states to help them implement commitments made under the regional Protocol on Trade and Economic Partnership Agreement (EPA) between the European Union and the SADC EPA group.

Wednesday, 14 June 2017

While there is acute interest in South African navels, particularly from the Far East, some exporters warn against pushing prices to artificial levels that cannot be maintained. In areas unaffected by navel splitting, like Mpumalanga and Limpopo, exporters tell FreshPlaza that their phones have been ringing off the hook for the past couple of weeks, as importers from the Far East look for alternatives to Eastern Cape navels. Exporters from the Western Cape, where navel damage is estimated at around 17 to 20% of the crop, similarly report that the Far East “is screaming for navels

Tuesday, 13 June 2017

AFRICAN, Caribbean and Pacific countries (ACP) have defended their trade with China dismissing claims that the Asian country wants to exploit the continent of its resources. The ACP was responding to criticisms by representatives of the European Union at the 45th Session of the African Caribbean and Pacific Parliamentary Assembly (ACP) and Inter-sessional meetings of the ACP — EU Joint Parliamentary Assembly held in Brussels in Belgium in March. According to a report on the meetings presented in Parliament last week by Masvingo Central legislator Dr Daniel Shumba, the ACP countries maintained that trade with the Asian economic giant was more sustainable contrary to the EU aid which involves cumbersome drawdown procedures.

Monday, 12 June 2017

In his bullish drive for investment, Governor Ben Ayade of Cross River State, Monday, signed a partnership agreement with his counterpart in Shaanxi Province in China, Hu Heping, to bolster the injection of capital for business in the state. The agreement will allow Chinese businessmen pump the much desired capital into the Calabar Carnival, Power, and Solid Minerals sectors of the state. Ayade said after the signing of the agreement that "It is the enormous opportunities that this fund avails Africa that Cross River State wants to tap into. We have the assurances of the Governor and the people of Shaanxi that the favourable business climate in Cross River State will be utilised by Shaanxi." The China-Africa Development Fund, CAD Fund, in May 2016, signed a cooperation agreement with the Shaanxi Government in the capital Xi'an, the first of its kind with a provincial-level partner that aims to boost more investment in the African market.

Thursday, 08 June 2017

Israeli Prime Minister Benjamin Netanyahu has announced the creation of two trading hubs in West and East Africa to increase trade between his country and the continent. They form part of the partnerships he offered at the 51st ECOWAS Summit of Heads of State in Liberia’s capital Monrovia on Sunday. “I believe in strengthening our relations which is one of our top priorities, national and international priorities of the state of Israel … Israel is opening two new trade missions – one in West Africa, one in East Africa – to significantly increase trade between our countries,” he told the West African leaders.

Monday, 05 June 2017

A Turnkey Fish Processing Plant, constructed by Expotec International Limited of India at a cost of US$7.48 million, with funding from the EXIM Bank of India, has been opened at Elmina in the Central region. The ultra-modern Plant has facilities for descaling, gutting, filleting and packaging of fish and a blast freezer. Other facilities at the plant are a cold storage facility with a capacity of 100 metric tons, an ice block plant, a waste processing component for producing fish and animal feed, clinic, canteen and a crèche. The Plant was inspected by the sector Minister, Mrs Elizabeth Afoley Quaye, accompanied by the Deputy Central Regional Minister, Hon. Thomas Agyei Baffour and the Komenda-Edina-Eguafo-Abirem (KEEA) Municipal Chief Executive, Nana Appiah Korang.

Monday, 29 May 2017

China and Nigeria held a strategic discussion in Abuja on Tuesday to strengthen agricultural cooperation between them. Tagged China-Nigeria Agricultural Modernization Cooperation Forum 2017, the meeting discussed ways on how China can assist Nigeria to achieve an increase in agricultural productivity, food security and poverty reduction toward overall sustainable diversification of its economy. Chinese ambassador in Nigeria Zhou Pingjian said China, as a strategic partner of the west African country, stands ready to share its experience in agricultural development and provide financial and technical support toward the country's realization of its agricultural and food security plans.

Wednesday, 17 May 2017

The Mozambican and Brazilian governments signed a number of legal agreements in Maputo on Thursday to promote and strengthen bilateral cooperation relations, including one relating to social security, during an official visit to the country by Brazil’s foreign minister. The agreements were signed by the Ministers of Foreign Affairs and Cooperation of Mozambique, Oldemiro Balói and of Brazil Aloysio Nunes Ferreira Filho, and the Mozambican minister noted the importance of the social security agreement, which establishes that citizens of both countries have the same rights, specifically in relation to old-age and sickness benefits.

Tuesday, 16 May 2017

The government of China granted eight million USD to the United Nations World Food Programme (WFP) to strengthen WFP's life-saving nutrition support for children and women in Ethiopia. Speaking at the event, Chinese Ambassador to Ethiopia La Yifan said: "China has been a long-standing partner of WFP in its humanitarian operations globally." He said the fund would help Ethiopia to overcome the impacts of the severe drought. China is also calling on the international community to extend relief supports to Ethiopia. For his part, WFP Representative and Country Director John Aylieff said China is becoming one of the emerging donors for WFP. "Government exerted its strong leadership, allocating hundreds of millions of USD to facilitate emergency response operations," he said