Tag Archives: EU

Danish investment in Africa

The European Commission and Denmark signed a transfer agreement for a voluntary contribution of around €10 million (DKK 75 million) to the EU External Investment Plan.

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The European Investment Plan is a key tool of the Africa-Europe Alliance. Most of the contribution will go to the European Fund for Sustainable Development (EFSD), the financing arm of the EU External Investment Plan. This is the largest single contribution to the Fund by an EU Member State.

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A signing ceremony for the contribution took place at the margins of the Council of EU development ministers in Brussels.

“With this contribution, Denmark has given a ringing endorsement of the Commission’s ability to mobilise investment and maximise impact through the External Investment Plan. I am confident that our collective effort will bring the EU’s partnership with Africa to the next level we need for a successful Africa-Europe Alliance”, welcoming Denmark’s initiative, European Commissioner for International Cooperation and Development, Neven Mimica, said, 

Europe supports CAR security reform

The European Council adopted a crisis management concept for a new civilian CSDP Advisory Mission in the Central African Republic (EUAM RCA).  (Image: illustration).

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The mission will support the reform of the internal security forces to enable the CAR authorities to mitigate the current security challenges in the country. EU experts will support the Ministry of the Interior and the internal security forces, the police and the gendarmerie, with the aim of helping in their deployment throughout the country.

The mission will provide advice to the CAR authorities at the strategic level to support the sustainable transformation of CAR internal security forces into a coherent and accountable security provider operating under national ownership. The mission will coordinate closely with the military EU Training Mission (EUTM RCA), the UN MINUSCA mission and the international community.

The adoption of a crisis management concept is the first step in launching a new CSDP mission, after which preparations for deployment will begin. The Central African Republic will be the third country to receive  support in parallel from both military and civilian CSDP missions after Mali and Somalia.

EU allocates funds to rescue migrants

The European Commission has taken stock of all work strands of Progress report of Migration agenda. The Report highlighted the EU efforts for rescuing lives – 760,000 in Mediterranean Sea and over 23,000 in the Nigerien desert since 2015.

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Unprecedented funding worth €9.7 billion has been mobilised mainly through the EU Trust Fund for Africa. 

The creation of the Joint AU-EU-UN Taskforce to address the migrant situation in Libya has proven to be successful in achieving results on the ground and represents a unique framework for cooperation.

Over the past years “we have developed new partnerships and strengthened the old ones, starting with the African Union and the United Nations”, said the EU top diplomat Federica Mogherini.

Together we are saving lives and protecting those in need by enabling legal migration channels, addressing the drivers of migration, and fighting against smuggling of migrants and trafficking in human beings”, Mogherini said. 

Together with the African Union (AU) and the United Nations (UN) the EU helped over 48,000 migrants to return safely to their homes and evacuated more than 4,000 people in need of international protection from Libya or through Niger for further resettlement. 

Portugal & Greece welcome South Africans

The perspective of expropriation of land without compensation, widely known as “land grabs” stimulates South Africans to search for new secure home, where they can construct their future, and future of their families. (Image above: Lisbon, Portugal).

This newly created South African interest meets the offer of residence-by-investment programmes promoted by Greece and Portugal, opening a potential path to full citizenship for the investors, which also means an opportunity to work and live in the European Union.

Portugal remains the top destination of choice, with the Henley & Partners South Africa office registering a 78% increase in investment in the Portugal Golden Residence Permit Program since July 2018.

The firm said it has also seen a ‘never-before-seen uptake’ in the Greece Golden Visa Program.

Recently Global citizenship company Henley & Partners has seen a significant increase in the number of South Africans inquiring about golden residence and visa programmes.

Henley & Partners South Africa is seeing a significant increase in interest in these two residence programs, which should be understood in the context of both their relative affordability for South Africans and broader international geopolitical unrest,” said Amanda Smit, managing partner of Henley & Partners South Africa.

In addition to  the EU members Portugal and Greece, Henley & Partners has previously said that it has seen interest in Malta, which is especially attractive for its official English language.

“On the other hand, residence- and citizenship-by-investment programs permit access to a significantly expanded suite of opportunities for travel, investment, and influence,Smit said. “The latest data show that the attractive contribution amounts of the Portugal and Greece residence-by-investment programs (requiring a minimum property investment of EUR 350,000 and EUR 250,000, respectively), combined with the tumultuous state of global and domestic politics, are causing many wealthy South Africans to understand this value proposition intimately.

 

 

EU diplomats encourage talks in Sudan

The Transitional Military Council and the Forces for Freedom and Change have today initialled a political agreement on the formation of the structures and institutions of governance in the transition period. This is a further positive step. The continued efforts of the African Union/Ethiopian mediation played an important role in this achievement.”

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“It is important that both sides now continue their discussions on outstanding issues and promptly conclude a constitutional agreement as foreseen.

As soon as a civilian-led transitional government is in place, the EU stands ready to assist Sudan on its path towards peace and stability,” said the text of the European External Action Service statement of the spokes person.

Zimbabwe turns page of Mugabe era

The European Union began political talks aimed at turning the page on hostile relations during Robert Mugabe’s era, enabling a resumption of direct financial aid for the developing economy.

At the start of the open-ended talks between diplomats and officials in Harare (pictured), the European Union delegation to Zimbabwe Ambassador Timo Olkkonen announced they aim to discuss issues including economic development, trade, investment, rights, rule of law and good governance.

The government has already signed up to an IMF monitoring programme where it has committed to political and economic reforms in a bid to set a track record of fiscal discipline that could lead to it debt cuts, and future financial aid.

At a separate event in a Harare hotel, President Mnangagwa signed a new bill creating a tripartite negotiating forum intended to assemble labour, business and government to shape policies.

EU confronted with escalation in Libya

The UN Security Council has called for an emergency meeting on to discuss the escalation in Libya‘s years-long power struggle, as a number of foreign powers urged restraint.

The president of the European Parliament called the EU to act in response to the decision of Marshall Khalifa Haftar (pictured) to send troop to Tripoli to neutralise the terrorists, and criminal gangs. The decision of the military commander Haftar is supported by Tobruk Parliament, concerned with further degradation of the security situation in Tripoli, and incapability of backed by the West Prime minister of the Government of National Accord (GNA) Fayez al-Sarraj to provide security in the capital.

Subsequently the West is gravely concerned with the fate of their loyal ally Fayez al-Sarraj, who is going to lose the grip on power, and the entire country would be united under the nationalist ruler Haftar, pursuing Libyan interest above all.

 Zintan allies of Tobruk government issued a special press-release welcoming the decision of Marshall Haftar liberate Tripoli from terrorists.

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