The COMESA Monetary Institute (CMI) has developed a user’s guide on Fiscal Stress Testing for Central Banks and Ministries of Finance whose main objective will be to assist Member States better understand how to deal with fiscal risks. CMI Director Mr Ibrahim Zeidy states that addressing fiscal risks is a key element of the COMESA…
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COMESA Secretariat held a one-day consultative meeting with Member States and other Regional Economic Communities (RECs) on optimizing returns from intra-Africa trade in Animals and Animal products under the African Continental Free Trade Area (AfCFTA). The virtual meeting discussed many issues including reinforcing multi-lateral cooperation for disease prevention and control, integration of informal trade in…
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Businesswomen from countries in the COMESA region have spoken out on who their female role models are as part of a campaign named ‘30 days of women in business’. The campaign which is running on the 50 Million Women African Speak platform (50MAWSP) in celebration of the international women’s month of March invites platform users…
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COMESA Gender and Women’s Affairs experts began their 13th Meeting on Monday 22 March 2021 to discuss progress on the advancement of gender equality and empowerment of women through implementation of policy and legal frameworks, council decisions, programmes and projects. The objective of the three-day virtual meeting was to consider the progress made by both…
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Rwanda has prioritized three value chains namely horticulture, livestock and livestock products covering diary and honey and cereals under the Sanitary and Phyto Sanitary (SPS) Investments for Market Access (P-IMA) project. This was revealed during the meeting to validate Rwanda’s outcome report on Prioritizing of SPS Investments for market access. The meeting held on 18…
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Thursday, March 18, 2021: Zambia and Zimbabwe have signed a Memorandum of Understanding to implement a joint industrialization project spearheaded by COMESA Secretariat. The Joint Industrialization Project will promote self-sustained, balanced and inclusive economic growth between the two countries. It will provide opportunities for the private sector to benefit from the African Continental Free Trade…
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Addis Ababa, Thursday, March 18, 2021: Ethiopian President Her Excellency Sahle-Worke Zewde on Thursday 18 March launched the 50 Million African Women Speak (50MAWSP) platform in Addis Ababa with a call on the country’s women to embrace it and use it to grow their businesses. Ethiopia became the thirteenth COMESA Member State to officially unveil…
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March 18, 2021: COMESA has established the Non-Tariff Barriers Regional Forum comprising of National Monitoring Committees and NTBs Focal Points. This new structure is aimed at further strengthening the Trade and Customs Committee and Trade and Trade Facilitation Sub- Committee as part of the institutional structures for the elimination of NTBs at the regional level.…
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Lusaka, Tuesday, March 16, 2021: COMESA has handed over to the Zambian government a mobile Prover worth USD155,000 to be used by the national metrology agency. Mobile Prover is used in calibration of bulk meters in the fuel sector to increases accuracy in the standards used thus enhancing confidence in the quantity purchased or sold.…
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In an effort to safeguard the financial systems in the region against the build-up of systemic risk, the COMESA Monetary Institute, last week mounted a training to enhance Member States’ understanding and mitigation measures. The virtual training took place on 8 – 12 March, 2021, attended by participants drawn from 12 Central Banks of COMESA…
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