Our Correspondent | Africa Guardian The European Union (EU) continues to be Africa’s largest trading partner and primary export market, according to Norwegian Ambassador Tone Tinnes. Speaking at the 28th annual research workshop of REPOA, an economic research institution based in Dar es Salaam, Tinnes highlighted that EU imports from Africa reached €367 billion in 2023—a 27% rise since…
By Edson Baraukwa | Africa Guardian In response to the severe humanitarian crisis in West Africa, the European Union has announced an additional €35 million in humanitarian aid. This funding is aimed at addressing the critical needs of vulnerable populations across the region, which includes countries such as Burkina Faso, Mali, Niger, Mauritania, the Gulf of Guinea coastal nations,…
More than two years of delay in ratifying the new EU treaty with African, Caribbean and Pacific countries ended on Thursday (20 July) after Poland confirmed its approval of the agreement. The treaty is set to be formally signed by leaders at a summit in Samoa in the coming weeks. After Hungary abandoned its opposition to the treaty over…
THE European Union (EU) envoy in Guyana has been facilitating talks for possible pharmaceutical production in Guyana. This is according to European Union Ambassador to Guyana Rene Van Nes, during an interview with reporters on Thursday. He said that this initiative is about seeing if Guyana, together with Barbados and Rwanda could play a role in pharmaceutical production. Van…
Nairobi. The European Union and Kenya signed a trade deal Monday in a coup for Brussels as it seeks deeper economic ties with Africa in the face of competition from China. Summary Kenyan President William Ruto presided over a ceremony in Nairobi to mark the formal conclusion of negotiations to the EU-Kenya Economic Partnership Agreement Kenyan President William Ruto…
Mega spending plan Partnership for Global Infrastructure and Investment aims to counter influence of China’s belt and road strategy PGII follows Western announcements for Prosper Africa Initiative, Build Back Better World and Global Gateway, all intended for projects in the developing world Greater infrastructure spending would be welcome in Africa, where there is a huge financing gap, but African…
Over 100 local firms have benefited from EU investments, and are involved in various areas, including agriculture, energy, logistics, trade facilitation, education, capacity building and good governance Over 150,000 Tanzanians have secured employment in firms which won investments from the European Union (EU). There are over 100 of them active in agriculture, energy, logistics, trade facilitation and education and…