OBELA Analysis

15 November 2023 marked a milestone in relations between the European Union and the countries of Africa, Caribbean and Pacific (OECS, Organisation of African, Caribbean and Pacific States) with the signing of the so-called Samoa Agreement (SA), successor to the Cotonou framework that governed for more than two decades, which was an agreement between the European Union and its former colonies.

The transport sector is responsible for 23% of global CO2 emissions. Electric vehicles (EVs) are an alternative for reducing these emissions in the atmosphere. Although the overall effect depends on the type of electricity generation in the energy matrix, EVs emit 37% less CO2 than conventional vehicles over their lifetime, according to industrial estimates.

he mBridge project could change the international financial architecture, currently dominated by the United States Federal Reserve (FED). It seeks to streamline transactions through central bank digital currencies (CBDCs) in real time, eliminating the need for a third currency or payment systems.