Video guest: Josephine Mwangi

October 2017
M T W T F S S
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5



SELECT_TAGS :
















Twitter

Follow the CTA Brussels Daily

 

twitter logo

 

facebook logo cta

EDITO
Wednesday, 18 October 2017

The CTA Brussels News Service is providing EU-ACP policy news since 2004, on various key thematic areas. In addition to this news service, we also provide news on ACP intra-regional trade, and south-south cooperation (investments of emerging countries' in agriculture in the ACP regions). The main stories for the week are featured in our newsletter and all stories can be found in our Regional Trade and the South-South cooperation sections.

  • Bookmark and Share
  • Email
  • Print

The new secretary general of the African, Caribbean and Pacific (ACP) nations, Dr Patrick Gomes, called for a “permanent forum” focused on particular needs of Small Island Developing States (SIDS). The platform shall be a joint venture with the United Nations Development Programme (UNDP). Gomes noted  that within the ACP Group there were now 33 SIDS members as a bloc of states and the current challenges “for this unique inter-governmental organisation” (the ACP). He said that “a distinctive and defining feature of the current 2015-2020 administration (which he heads) and a critical challenge to engage energy and political savvy of the ACP Group as a whole must be the effective mechanism and modalities by which to participate in diversified partnerships across the Global South by 2020...”

Trade between China and the Portuguese-speaking countries in 2014 reached US$132.58 billion, an increase of 0.85 percent over the figure recorded in 2013. Angola is second behind Brasil, with bilateral trade US$37.07 billion (+3.23%). Mozambique came in fourth place with two-way trade totalling US$3.62 billion (+119.79 %). The other Portuguese-speaking countries – Cabo Verde (Cape Verde), Guinea-Bissau, Sao Tome and Principe and Timor-Leste (East Timor) – registered trade with China worth a total of US$184 million.

  • Bookmark and Share
  • Email
  • Print
Thursday, 05 March 2015

A delegation of 25 South African business people shall go to the sixth annual India Investment and Trade Initiative (ITI) in Hyderabad and Kolkata, India. South Africa has noted a special interest in India as a high growth export market and foreign direct investment source. The delegation shall target South African companies seeking to attract foreign direct investment and also project owners and managers seeking joint venture partnerships in agro-processing, renewable energy sectors amongst others . India ranks among the top 10 investing countries in South Africa. Between January 2009 and June 2014 a total of 44 Foreign Direct Investment projects from India were recorded and total trade between India and South Africa was worth R80.9 billion in 2013 with a trade balance of R22.9 billion in favour of India.

  • Bookmark and Share
  • Email
  • Print

Nigeria is China’s third major export destination in Africa after South Africa and Angola. Currently, China is Nigeria’s largest source of imports and third major trade partner. The volume of trade between Nigeria and China in 2014 was about $18.1 billion, according to Chinese government sources. The Chinese envoy to Lagos said that in 2014 alone, Chinese companies had in invested in Nigeria’s construction, manufacture, oil and gas, telecommunications, agriculture, real estate sectors and free trade zones.

  • Bookmark and Share
  • Email
  • Print

There's a new global development bank in town. The BRICS - Brazil, Russia, India, China, and South Africa - announced last summer that they were founding a "New Development Bank" to compete with Western-dominated financial institutions, such as the world Bank and IMF. Each BRICS country has contributed $10 billion for financing development projects, much like the World Bank currently does. BRICS lament that the IMF has failed to change the shares of voting power awarded to developing countries, even when they represent increasingly larger percentages of the world economy. The BRICS bank could rival the IMF and World Bank as the primary funder for development and assistance; or at the least, engender some competition to increase the efficiency and effectiveness of global development.

  • Bookmark and Share
  • Email
  • Print
Friday, 27 February 2015

The Secretary General designate of the ACP Group, H.E Dr Patrick Gomes met with the President of the International Fund for Agricultural Development (IFAD), Mr. Kanayo F. Nwanze last week in Rome, where they discussed strengthening of ACP-IFAD relations in the area of South-South & Triangular Cooperation. One of the key areas to be examined will be a collaborative effort of ACP and IFAD in assessing the socio-economic and cultural impact of the Ebola epidemic on the rural livelihoods of communities in the affected countries - Guinea, Liberia and Sierra Leone - and designing a strategy to rehabilitate key aspects of small and medium rural enterprises.

  • Bookmark and Share
  • Email
  • Print

Following the sixthannual summit in Fortaleza last year (July 2014), it was decided that the BRICS Bank will start lending in 2016. The bank make an initial US$50bn fund as well as funds from the Contingency ReserveArrangement (CRA) ofUS$100bn. These latter funds shall target alleviating members’ financial difficulties (US$41bnfrom China, US$5bn from South Africa and US$18bn from each of the others).

  • Bookmark and Share
  • Email
  • Print

Bilateral tradebetween China and Kenya rose 53 % the equivalent of 5.009 billion US dollar in2014. China is now Kenya's largest trading partner and source of directinvestment. The two countries signed a co- financing deal to build a majorrailway linking the Kenyan capital Nairobi with the port city of Mombasa, thebiggest infrastructure project since Kenya's independence. The high speed lineis expected to boost regional trade, create employment opportunities and deepenintegration in East Africa when it is put into service.

  • Bookmark and Share
  • Email
  • Print
Tuesday, 24 February 2015

Palau-Tonga exchanged lessons learnt about coastal protection measures and methods to enhance the resilience to climate change of coastal communities. The cooperation was initiated by the Government of Palau which co-funded the exchange visit with the Secretariat of the Pacific Community and the European Union through the Global Climate Change Alliance: Pacific Small Island States project. On Feb. 12, the Secretariat of the Pacific Community launched the first of a series of nine country-specific climate change adaptation videos produced for the Pacific Small Island states project.