COMESA has developed a new Regional Strategy for Development of Statistics (RSDS) for the period 2021 – 2025, which is expected to run concurrently with the COMESA Medium Term Strategic Plan (MTSP) 2021 – 2025. The RSDS was consolidated by experts from National Statistics Offices (NSOs) who consulted widely with stakeholders to come up with…
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The impact of the Coronavirus pandemic reverberated across the region with almost every sector adversely impacted. Implementation of the COMESA projects which are mainly driven through direct stakeholders’ engagement, in multiple States were specifically affected. The project on Enhancement of a Sustainable Regional Energy Market in the Eastern Africa-Southern Africa and Indian Ocean Region (ESREM/EA-SA-IO)…
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Kenya is set to become the second country in COMESA, after Zambia to undergo structural vulnerability and resilience assessment as part of capacity building to prevent occurrence of conflicts. In preparation, a Kenyan delegation comprising members of the National Cohesion and Integration Commission (NCIC) and the Parliamentary Committee on National Cohesion and Equal Opportunities is…
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COMESA Fund Technical Committee met on 12th May 2021 to discuss the progress made in the implementation of various projects. The meeting was attended by delegates from, Comoros, Kenya, Malawi, Madagascar, Mauritius, Seychelles, Sudan, Swaziland, Uganda, Zambia and Zimbabwe. They noted the achievements attained through COMESA Adjustment Facility over the years, including the ongoing construction…
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Staff of Central Banks from the COMESA region have been trained on macro and micro stress testing which are key tools for assessing the stability of the financial system. The virtual training was conducted by the COMESA Monetary Institute from 10 – 14 April 2021. Forty six delegates from 10 Central Banks from the Democratic…
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In an initiative to prevent failure of banks, which is common in the COMESA region, COMESA Monetary Institute has trained over 50 staff from 10 Central Banks in the region on new accounting principles for financial instruments. The training on International Financial Reporting Standards (IFRS9) and Internal Capital Adequacy Assessment Process (ICAAP) was conducted virtually…
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Construction of Border Export Zones in four sites in Uganda has reached 85%. The border markets under construction in the zones include Busia, Lwakhakha, Oraba and Katuna. According to a report from a technical mission conducted by the COMAid Unit (COMESA Aid for Trade) at the border markets from 8th to 19th April 2021, the…
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Lusaka, Friday, April 30, 2021: Newly appointed ambassadors of Egypt and Zimbabwe to Zambia have been accredited as Permanent Representatives of their respective countries to COMESA. H.E Charity Angelina Charamba (Zimbabwe) and H.E Moataz Anwar (Egypt) presented their letters of credence to the Secretary General of COMESA, Chileshe Kapwepwe on Friday, 30 April 2021. The…
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Lusaka, Friday, April 30, 2021: The ratification of the Tripartite Free Trade Area (TFTA) and signing of the COMESA Social Charter were among issues discussed during a courtesy call by the Ethiopia’s Ambassador to Zambia and Zimbabwe H.E Addisu Abera and the Secretary General of COMESA Chileshe Kapwepwe today. During the meeting which focused mainly…
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The COMESA Federation of Women in Business (COMFWB) held a Businesswomen Summit in Malawi on 19th April, under the theme “Realizing Gender Responsive Procurement and Smart Inclusive Financing.” The President of Malawi HE Dr. Lazarus Chakwera graced the event. During the Summit, a High-level Panel Discussion on “Financial Inclusion and the Need for Increased Investment…
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