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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Wednesday, March 10, 2021: COMESA and the African Export-Import Bank (Afreximbank) have today signed an Agreement to implement the COMESA Regional Customs Transit Guarantee Scheme, commonly known as RCTG-CARNET. This marks the beginning of the implementation of the Bank’s US$1billion AfCTFA Adjustment Facility to support countries from significant tariff revenue losses as a result of…
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The COMESA Federation of Women in Business was one of the institution that participated in the 1st Annual Africa Gender Equality Conference (#AGEC2021) High Level Round Table Discussions during the International Women’s Day under the theme: “Women in leadership: Achieving an equal future in a COVID-19 world”. This was the first ever such Conference took…
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The COMESA Federation of Women in Business was one of the institution that participated in the 1st Annual Africa Gender Equality Conference (#AGEC2021) High Level Round Table Discussions during the International Women’s Day under the theme: “Women in leadership: Achieving an equal future in a COVID-19 world”. This was the first ever such Conference took place in Lilongwe, Malawi…
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Activities have begun towards implementation of a €6.8 million project to upgrade the priority cross-border infrastructure and equipment at selected border points between Zambia on one hand and Malawi, Zimbabwe and Tanzania on the other. These are Mwami, Chirundu and Nakonde respectively. The first project implementation workshop was conducted in Zambia on March 21, 2021…
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There is need to shift approaches in border management in the region to focus more on facilitation as opposed to control in order to ease free movement of persons. This will facilitate regional trade and lead to higher levels of integration and economic development. This was expressed at the 11th meeting of the COMESA Chiefs…
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