The aim of the new deal is to foster economic opportunities by offering zero-tariff treatment to Least Developed Countries in Africa. (Image source: Republic of Kenya)

Chinese president Xi Jinping recently announced a 10-point partnership action plan for Africa for the next three years

During the opening of the ninth Forum on China-Africa Cooperation Summit in Beijing, President Xi Jinping mentioned that the 10 action plans will provide Africa with US$50bn of financial support. This will include a US$29.4bn credit line, US$11.2bn of various forms of assistance and at least US$9.8bn of investment in Africa by Chinese companies. Additionally, China will also encourage and support Africa in issuing Panda Bonds in China to enhance results-oriented cooperation.

President Xi said modernisation should put people first and strive to reduce poverty, provide jobs and foster inclusive growth. He further emphasised the need for open, win-win modernisation, noting that China and Africa together account for one-third of the world’s population and without it, there will be no global modernisation. 

He announced that China will elevate the status of African countries with diplomatic relations to a strategic level so that they join what he called 'the all-weather Chinese community'. He said the 10-point plan will be achieved through cooperation in governance, experience-sharing platforms, knowledge networks and leadership training programmes.

The aim of the new deal is to foster economic opportunities by offering zero-tariff treatment to least developed countries in Africa, expanding market access for agricultural products and establishing economic partnerships. The partnership actions also focus on industrial cooperation, enhancing digital technology and implementing connectivity projects like infrastructure development to support the Africa Continental Free Trade Area. 

The partnership will not only engage in improving the health sector by supporting Africa's pharmaceutical industry, but will also extend to agriculture. Some of the plans include emergency food assistance and development, people-to-people exchanges to strengthen vocational education and cultural programmes, and green development initiatives, including clean energy and disaster mitigation projects. Furthermore, China will provide military assistance, training and conduct joint exercises to enhance cooperative security efforts with Africa.

“China is prepared to implement 30 infrastructure connectivity projects in Africa, promote high-quality Belt and Road cooperation and put in place a China-Africa network featuring land-sea links and coordinated development,” President Xi said. "We will give Africa US$140mn of grants in military assistance, provide training for 6,000 military personnel and 1,000 police and law enforcement officers from Africa, and invite 500 young African military officers to visit China."

The panel discussion session was themed 'Outlook from the Region Update and Prospect for Cooperation.' (Image source: Republic of Uganda)

Minister of State for International Cooperation, Henry Oryem Okello represented the President at the Second Indonesia-Africa Forum (IAF) II from 1-3 September 2024 in Nusa Dua, Badung, Bali 

As Chair of the Non-Aligned Movement (NAM), Okello on behalf of President Yoweri Museveni, through his statement recalled the 1955 Bandung conference that laid the foundation of the 10 Bandung principles which have been the cornerstone of the NAM. 

Despite the tremendous strides made by NAM in foreseeing a more peaceful world, Okello highlighted that there is an even greater challenge of fostering economic prosperity for all and achieving the SDGs.Okello hailed the strong bilateral relations between Indonesia and Uganda and also the wider continent of Africa. Underlining the need to harness the potential of the youth in the global economy through digitalisation to accelerate growth, he said it was also important to expand production in critical sectors like agriculture through mechanisation and irrigation.

He also highlighted the importance of addressing the challenges associated with climate change through collective efforts. The Minister reiterated the importance of fulfilling commitments made towards mitigation but not at the expense of economic progress for the developing countries. Okello also underscored the importance of empowering SMEs transition to industrialisation and the huge potential for tourism where Indonesia has made tremendous strides that can be emulated.

Okello also delivered some notable remarks during the Panel Discussion I of the IAF themed 'Outlook from the Region Update and Prospect for Cooperation,' that took place on 2 September.

There is a lot to see and learn at the Organic and Natural Products Expo Africa. (Image source: Organic and Natural Products Expo Africa 2024)

Africa's leading industry event, the Organic and Natural Products Expo 2024 is all set to open its doors from 12-14 September at the Sandton Convention Centre in South Africa

Designed as a hybrid event that caters to trade buyers while allowing retail sales directly to consumers, the expo is the continent's only dedicated event for the organic and natural products industry and serves as the ultimate platform for traders and exhibitors to showcase their offerings to a diverse and influential audience. 

Besides featuring a mix of local and international manufacturers, producers, suppliers, importers, exporters and distributors, the expo also brings together suppliers, buyers and eco-enthusiasts to celebrate greener, healthier, and more sustainable living. Moreover, it also showcases numerous product categories including health, body & beauty, lifestyle, home, food & beverages, and baby & kids. 

The expo has attracted significant interest from across the African continent and aims to open doors to new business opportunities from countries including Botswana, Namibia, Madagascar and Malawi. The event also offers a memorable, informative and exciting experience, including exclusive networking opportunities, live demonstrations, product tastings, interactive sessions, engaging potential clients and showcasing products in real-time. Additionally, attendees will gain valuable industry insights, staying ahead of market trends and learning about the latest innovations in sustainability and wellness.

“This is looking to be our biggest event yet and we are delighted to bring the expo for its fourth consecutive year to Johannesburg,” said Organic and Natural Product Expo Africa’s head of sponsorships and partnerships, Warren Hickinbotham. 

For more information and to register for the event, visit: https://www.organicandnaturalportal.com/expo/

The event will celebrate innovation, sustainability, profitability, scalability, and entrepreneurship within the African food and agriculture sector. (Image source: AAC)

The African Agri Council (AAC) has called for nominations from industry leaders, professionals, and stakeholders across the continent for the Agri Investment Indaba Awards which is scheduled to tale place at the African Agri Investment Indaba (AAII) 

The event will celebrate innovation, sustainability, profitability, scalability, and entrepreneurship within the African food and agriculture sector. By recognising these achievements, the council strives to shift the narrative and highlight the continent's significant advancements towards food security.

Some of the notable award categories include:

Deal of the Year Award: Recognises a significant transaction in the African food and agriculture sector that exemplifies the transformational aspects of the deal, the execution complexity, the deal size, and the potential value creation of the deal.

Rising Star Award: Designed to recognise and celebrate emerging talent in the African food and agriculture sector.

Woman of the Year Award: Celebrates the achievements of an outstanding woman in the African food agriculture sector. 

Innovation in Food and Agriculture Award:  Recognises groundbreaking innovations in the food and agriculture sector that have the potential to transform the industry.

Sustainability Champion Award: Recognises efforts to implement sustainable practices, reduce environmental impact, and promote long-term ecological balance.

Lifetime Achievement Award: Recognises a lifetime of dedication, exceptional achievements, and pioneering efforts that have left a profound and enduring impact on the industry and its advancement towards food security and sustainability. 

By benchmarking each entry against some of the best in the industry, AAC's independent judges provide participants with an opportunity to see how their team measures up. 

To apply, choose the category, review the entry information, upload required documents and complete the following online entry form: https://agricouncil.us16.list-manage.com/track/click?u=90e05023b424cae3970ac38df&id=0adefa5d39&e=1af6632021

All entries are required to be submitted online, with the deadline for submissions being 16 September.