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Thursday, 21 June 2018

A pan-Africa project was launched in Kenya last month in order to strengthen fish trade on the continent. The project will focus on sustainability to give better access to intra-regional markets in Africa. During its launch, experts found that Africa has the potential to develop fisheries and aquaculture to play a more important role in promoting food security.  Nonetheless, little has been done to promote the fisheries sector. Trade is constrained by inadequate market and trade infrastructure and poor policy implementation, complex and unaligned trade rules and poor market information. T

In sub-Saharan Africa,  hundreds of pounds of mangos that have just been unloaded from trucks are bruised as a result of how the fruit was transported: packed as tightly as possible into thin bags and crammed into trucks. A similar situation is in Tanzania: in the part of the world that can arguably least afford to waste food, a good portion of these crops are lost. Food waste in Africa and other developing nations is an entirely different problem than it is in developed regions: in developing regions, often the biggest chunk of food loss occurs during the post-harvest phase. Across sub-Saharan Africa, more than a third of fruits, vegetables, roots, and tubers are lost by the time they are processed or packaged.

More than 410 fair trade-certified food-producing businesses, associations and cooperatives exist in African agriculture involving hundreds of thousands of farmers. In some of the most austere social, political and climatic conditions on Earth, fair trade farmers and laborers make food that is of the highest global standards. With organic agriculture developing rapidly, fair trade aims to help farmers and workers get a better deal, influencing socio-economic conditions along the value chain of certified products to the benefit of farmers and workers. Consumers will pay higher prices for organic products.

The first-ever Women in Maritime Association Conference was organized in Jamaica as a step towards establishing an IMO Women in Maritime Association (WiMA) for the region. The conference’s purpose is to support regional efforts to deepen the integration of women in the maritime sector. One important driving force of the program has been the establishment of formal regional connections between female maritime managers and port sectors. This conference is only the first step towards achieving this goal.


The Chinese and Angolan holders of diplomatic and service passports are now exempt from visas. The agreement was signed between the two governments in May 2014 in Luanda and it became effective on 11 April, 2015. It represents an instrument to facilitate travel for holders of these passports and it applies for a period no longer than 30 days. Diplomatic relations between China and Angola intensified since 2002, with the end of the civil war in Angola.

The Website for Cooperation in the Areas of Economic, Commercial and Human Resources between China and Portuguese-speaking countries was launched. Its objectives are for users to look up information and provide a database of food products from Portuguese-speaking countries, another database of Portuguese/Chinese bilingual professionals and professional services, updated information on conventions and exhibitions in China and the Lusophone countries, economic and trade data, and commercial law from Portuguese-speaking countries.

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.

The Export-Import Bank (Ex-Im) of China financed with a loan a factory in the Chokué Agro-Industrial Complex, in Mozambique’s Gaza province, a project expected to cost US$60 million. Its aim is to find a solution to the periodical problems of agricultural production that has been lost over successive seasons both in Chokué and Limpopo Valley, affecting the efforts of the farmers involved. The factory will process rice, cashew nuts and tomatoes and it will have the capacity to store more than 30,000 tons of agricultural products.




Africa Finance Corporation is pouring money into infrastructure schemes across the continent: for 2015, potential projects across the continent are port infrastructure in Côte d'Ivoire, various projects in the Nigerian transportation sector as well as a coal project in Mozambique. Africa Finance Corporation has an interesting structure, with public - and private- sector money; on the one hand, this hybrid structure allows to have the status and access of some of the other development finance institutions, on the other hand private side of it injects a certain commercial realism into how to do business, leading to better-structured projects. 

African think-tanks have been urged to play a prominent role in the economic renaissance of the continent by questioning the increasingly popular 'Africa rising' narrative. According to the Economic Commission for Africa (ECA), there is a need for research on how the continent's wealth can be shared equitably. Think-tanks are essential in order to link the continent's economic development to the African Union's Agenda 2063. They were urged to seize the opportunity to develop a collective response to regional challenges.