Kigali, Wednesday, November 6, 2019: Eighteen COMESA Member countries have successfully launched the regional Seed Harmonisation Implementation Plan (COMSHIP) while five of these are implementing the programme with support from USAID. The remaining Member States namely Somalia, Tunisia and Libya are yet to launch. This was revealed during the opening of the 3rd COMESA Seed…
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Nairobi, Tuesday, November 5, 2019: COMESA has developed a draft Regional Resilience Framework to build the capacity of its members to withstand disasters occasioned by adverse effects of climate change. The development of the framework has been informed by the increasing vulnerability of regional countries, to climate change and other disasters such as flooding, landslides,…
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Lusaka, Thursday, October, 31, 2019: Ministers responsible for infrastructure from the tripartite group comprising COMESA, the East Africa Community (EAC) and the Southern African Development Community (SADC) have called for the speedy implementation of regional infrastructure programmes in energy, transport and Information Communication Technology (ICTs) sectors to accelerating economic integration. This was after reviewing the…
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Lusaka, Wednesday, October 30, 2019: COMESA and the Trade Mark East Africa TMEA have signed a Memorandum of Understanding to promote trade in the region by removing obstacles that impede the smooth flow of trade among the Member States in the region. Working closely with international and regional organizations, such as Trade Mark East Africa,…
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Lusaka, Monday, October 21, 2019: Many African countries are lagging in accessing climate finance to operationalize their Nationally Determined Contributions (NDCs) which are commitments made by each country to reduce their emissions of greenhouse gases and adapt to the impacts of climate change in line with the 2015 Paris Agreement. According to the International Finance…
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Washington DC, October 17, 2019: In a move to entrench financial independence and sustainable implementation of regional integration agenda in COMESA, a Joint Committee of Ministers of Finance and Central Bank Governors have decided to set up a technical working group to assess and come up with modalities for the operationalization of the COMESA Common…
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The range of goods traded under the COMESA Simplified Trade Regime (STR) is set to expand following policy recommendations made last week by trade experts. Meeting in Kenya during a Policy Dialogue on STR Implementation, 8 – 9 October 2019, the experts proposed that imports from countries participating in the COMESA Free Trade Area (FTA),…
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Governments of COMESA Member States ought to increase public expenditure on research and development to boost innovation and hence trade and also put in place favorable policy through proper institutional framework. According to a research conducted recently by two researchers on the relationship between innovation and trade growth, there is a strong linkage between the…
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Lusaka, Sunday, October 13, 2019: Central Banks of 10 COMESA Member States namely: Djibouti, Egypt, Eswatini, Eritrea, Libya, Rwanda, Sudan, Uganda, Zambia and Zimbabwe have benefited from a capacity building initiative on the management of international reserves. This is through training conducted in Cairo, Egypt from 15th to 19th September 2019, under the theme: ‘Active…
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Djibouti, Friday, October 10, 2019: The past two decades have witnessed transformation of the electricity market in Africa following the gradual opening, liberalization and reform of national electricity markets. A fundamental component of the transformation has been the establishment of national regulatory institutions tasked with independently regulating and overseeing their respective electricity sectors. With investors…
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