UK government is ready to offer support to Zambia in different sectors

Secretary to the Treasury Mr. Fredson Yamba has said there is need for continued and increased bilateral trade between Zambia and the United Kingdom as well as increased Foreign Direct Investment from the UK to Zambia in order to help create jobs and reduce poverty.

And Baroness Lindsay Northover has said the UK government is ready to offer support to Zambia in different sectors such as microeconomics, governance, social protection, private sector development, gender, education and health.

During a meeting with Baroness Lindsay Northover, the Trade Envoy to Zambia, charged with the reasonability of increasing trade and economic cooperation between Zambia and the United Kingdom, Mr Yamba said the Zambian government is committed to enhancing its bilateral cooperation with the UK government through exchange of visits and exploration of new areas of cooperation.

He assured Baroness Lindsay Northover that the Government of the Republic of Zambia looks forward to contributing to a strengthened partnership between Zambia and the UK for the mutual benefits of the two countries.

He expressed gratitude to the UK government for rendering Economic and Technical support averaging 60-70 million per annum through the Department for International Development (DFID) in the areas of budget support, microeconomics, governance, social protection, private sector development, gender, education, health and other social sectors.

Mr. Yamba also requested for potential support to build capacity in the management of Public Private Partnerships in Zambia, as well as attract potential investors from the United Kingdom in PPPs in Zambia.

He told the Baroness that there was need for more UK based investors to invest in the Zambian financial instruments such as Government bonds and Treasury Bills.

The Secretary to the Treasury assured the Baroness that the Government is also strengthening the Public Financial Management system s to monitor utilization of public resources and also pledge to strengthen the fight against corruption and impropriety.

And Baroness Northover said Zambia was an important trading partners adding that the two countries should continue strengthening their bilateral trade and economic ties.

The Secretary to the Treasury was accompanied to the meeting that was held at the Foreign and Commonwealth Office by His Excellency Mr. Muyeba Chikonde, Counselor Economic Mr. Mukela Mutukwa, Mrs. Mwila Kasase-Zulu, Assistant Director, and Mr. Patrick Mfungo, Senior Budget Analyst.

Distributed by APO Group on behalf of Zambia High Commission in the United Kingdom.

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Foreign Secretary meets with African leaders to discuss Zimbabwe

Foreign Secretary Boris Johnson will today (Wednesday 29 November) meet leaders from across Africa to discuss developments in Zimbabwe and wider African security and prosperity.

The Foreign Secretary is attending a major summit in Cote D’Ivoire, West Africa, alongside EU and African Union leaders, including French President Emmanuel Macron, German Chancellor Angela Merkel and South African President Jacob Zuma.

Foreign Secretary Boris Johnson said:

“Recent events in Zimbabwe offer a moment of hope for the country and its people. This is a time to look to the future and to make clear that Britain shares the common vision of a prosperous, peaceful and democratic Zimbabwe.”

“I am encouraged by President Emmerson Mnangagwa’s words so far. During his inauguration speech, he promised to reform the economy and give investors the security of title they need if Zimbabwe is to fulfil its potential and create the jobs that are sorely needed. For as long as the President acts on his words, then Britain is willing to work alongside him and offer all the support we can.”

“The UK’s relationship with Africa and the African Union will continue to go from strength to strength and as we leave the EU I want to work even more closely with my counterparts in the region.”

The Foreign Secretary will highlight the role the UK can play across the continent, as a genuine partner for prosperity, working with African nations to achieve political and economic stability.

Mr Johnson will speak with representatives of the 18 African countries which are also members of The Commonwealth ahead of the UK hosted Commonwealth Summit next April. With 60% of the Commonwealth’s population under 30, it is particularly important to the UK that the organisation faces up to the challenges of the region and addresses their ambitions for a better life.

He will also raise the issue of the illegal wildlife trade. Tackling this serious crime is a priority for the UK government and we look forward to bringing leading voices together to work towards new solutions at the London 2018 Illegal Wildlife Trade Conference in October next year.

On the illegal wildlife trade, the Foreign Secretary added:

“Discussing how we eradicate the illegal wildlife trade is also a top priority for me in my talks with African Union countries. It is not only a deplorable trade that endangers some of our most iconic species of wildlife, but is also a lucrative source of income for transnational criminals which brings misery to local communities.”

Distributed by APO Group on behalf of United Kingdom Foreign and Commonwealth Office.

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Minister Davies to Attend African Union Ministers of Trade Meeting in Niger

The Minister of Trade and Industry, Dr Rob Davies will today (November 29, 2017) leave for Niamey, Niger to participate in the 4th African Union (AU) Ministers of Trade Meeting from 1-2 December 2017. The Ministerial meeting, which was preceded by the 8th Continental Free Trade Area (CFTA) Negotiating Forum and the 4rd meeting of Senior Trade Officials, will consider amongst others, the progress made in the CFTA negotiations.

The CFTA negotiations were launched during the 25th Ordinary Summit of Head of States and Governments on the 15th of June 2015 in Johannesburg, South Africa. The decision of Summit constitutes an attempt to fast –track the establishment of the African Economic Community and to harness the benefits of an integrated and fast-growing African market of more than one billion people.

The 3rd meeting of the AU Ministers of Trade held in Niamey, Niger, in June 2017 adopted the Modalities for Tariff Negotiations and the Modalities for Trade in Services Negotiations.

Earlier, Minister Davies said this will facilitate the exchange of tariff and services offers, as well as the finalisation of the CFTA Agreement. Minister Davies emphasised the importance of enhancing intra-Africa trade and investment, and regional economic integration through the CFTA.

Davies reiterated that “South Africa is committed to a coordinated strategy that will boost intra-Africa trade and build an integrated market in Africa that will see a market of over 1 billion people and approximately US$2.6 trillion,” said Davies.

The President of the Republic of Niger Issoufou Mahamadou was mandated during the 28th Ordinary Session of the African Union Heads of State and Government, to champion the process of the Continental Free Trade Area (CFTA) Negotiations.

Distributed by APO Group on behalf of The Department of Trade and Industry, South Africa.

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Readout of the Secretary-General’s meeting with H.E. Mr. João Lourenço, President of the Republic of Angola

The Secretary-General met with H.E. Mr. João Lourenço, President of the Republic of Angola. He congratulated him for his recent election. The Secretary-General and President Lourenço discussed, amongst others, the situation in Zimbabwe. They emphasised the need to maintain the peaceful nature of the transition, in line with the country’s Constitution, hoping that it will lead to free and fair elections. The Secretary-General commended SADC, and Angola as Chair of the Organ on Politics, Defence and Security, for its continued efforts to ensure peace and security in the region.

Distributed by APO Group on behalf of United Nations (UN).

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Source:: Readout of the Secretary-General’s meeting with H.E. Mr. João Lourenço, President of the Republic of Angola

      

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