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Tag Archives: EU

EU profits as Trump turns away from trade

Frankfurt am Main, Germany | AFP |  The United States’ new hostility to free trade deals under President Donald Trump is benefiting the European Union, the bloc’s top trade official said Tuesday. After Trump’s withdrawal from the Trans-Pacific Partnership trade deal in late January, “many countries are now turning to …

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COMMENT: Three surprises in 2017

  The world could be caught off guard by these potentially transformative developments Economic pundits traditionally offer their (traditionally inaccurate) New Year predictions at the beginning of January. But global conditions this year are anything but traditional, so it seemed appropriate to wait until US President Donald Trump settled into …

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EU to give ‘virtually bankrupt’ Gambia 225 mn euros

Banjul, Gambia | AFP | The European Union announced aid worth 225 million euros ($240 million) for The Gambia on Thursday as President Adama Barrow warned that the nation was “virtually bankrupt” due to economic mismanagement by the former regime. The EU froze assistance to The Gambia in December 2014 …

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Magufuli, Museveni hatch Economic Partnership EPA plan

President Museveni, Magufuli to discuss EPA, Burundi Uganda’s President Yoweri Museveni and Tanzania’s President Dr. John Magufuli will meet February to agree on East Africa’s way forward on the controversial Economic Partnership Agreement (EPA). The EPA is supposed to be negotiated between the EU and member states of the East African Community (EAC). Kenya …

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South Africa and EU spar over chicken meat ‘dumping’

Johannesburg, South Africa | AFP | South Africa’s poultry industry says it is on the brink of collapse due to hotly-denied accusations that the European Union is dumping cheap chicken in the country in a dispute over free trade. Workers, former workers and company managers from the South African poultry …

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Presidential term limits resolution rejected by ACP-EU

ACP-EU MPs Overwhelmingly Reject Resolution on Presidential Term Limits Members of the European Parliament and the African, Caribbean and Pacific (ACP) parliamentary group have rejected a motion to impose presidential term limits on member states. The ongoing ACP-EU joint parliamentary assembly in Nairobi  voted against the motion for presidential terms limits, that was …

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East Africa’s biggest solar plant launched

Residents of the eastern Uganda town of Soroti may be set to enjoy more stable and affordable power supply following the commissioning of East Africa’s largest solar power plant in the district. The $19million power plant, which is Uganda’s first gridconnected solar plant, will generate 10MW of power, with the …

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