Nairobi, Monday, 2 December 2024: The first phase of the Africa Cloud Ecosystem (ACE) project, a groundbreaking initiative to create a reliable network of standard data centres across the African continent, has successfully concluded. Funded by the African Development Bank (AfDB) through the NEPAD-IPPF Special Fund, the project aims to provide affordable, reliable, and secure cloud…
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In celebration of its 30th anniversary, the Common Market for Eastern and Southern Africa (COMESA) hosted a spectacular Golf Tournament at Lusaka Golf Club on October 11, 2024. The event drew 128 participants, creating an exciting atmosphere filled with camaraderie and competition, as players came together to honor COMESA’s remarkable journey in advancing regional integration.…
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Financial stability is increasingly being tested by emerging Cyber, Fintech and Climate Change risks. These come amidst increased technological innovations in the financial sector to provide financial services efficiently, especially to the financially excluded. Moreover, the entry of non-financial firms into the financial space is increasing competition in the financial sector, reducing the market share…
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Legal experts are convening in Kenya to review three key legal documents of the COMESA Court of Justice. These include the draft Staff Rules, the draft Executive Management Staff Rules, and a proposal to amend Article 20 of the COMESA Treaty. The presentation of these draft legal instruments took place during the 25th COMESA Legislative…
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Malawi has ratified the Tripartite Free Trade Agreement, bringing the total number of state that have done so to 12. Now, only two are remaining to reach the requisite threshold of 14 to enable the agreement to enter into force. The ratification instrument, signed by Malawi Minister of Foreign Affairs, Hon Nancy Tembo was delivered…
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Lusaka, Wednesday, April 24, 2024: The Government of Zambia, in collaboration with COMESA and various development partners, has launched the National Green Growth Strategy (GGS). This strategy aims to drive the country towards sustainable development, prioritizing environmental sustainability, economic growth, and social inclusiveness. The Zambia Green Growth Strategy is a comprehensive framework designed to integrate…
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Lusaka, Wednesday, April 24, 2024: COMESA has begun the comprehensive implementation of its Trade Remedies Regulations, aimed at recommending measures to prevent potential losses that its Member States might incur due to unfair trading practices and unforeseen surges in imports during business transactions. The Regulations were adopted way back in 2000, but their application has largely…
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At the invitation of the Government of the Republic of Madagascar, the President of the African Union Commission (AUC), His Excellency Moussa Faki MAHAMAT deployed a Joint Short Term Mission of AU-COMESA Observers, to assess the presidential election of 16 November 2023. This deployment was done thanks to the excellent cooperation existing between the Continental…
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Over 20 senior officials drawn from selected government ministries in Seychelles participated in a five-day consultative workshop to disseminate the country’s specific Structural Vulnerability/Resilience Assessment (SVRA) and identifying the necessary response strategies. Conducted by the COMESA Secretariat through the Governance, Peace and Security (GPS) Unit, the workshop was aimed at sensitizing the participants on the…
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Lusaka, Friday, October 7, 2022: Countries that are members of the COMESA Free Trade Area have been urged to upscale utilization of the preferences provided under the free trade area (FTA) regime. Currently, it is estimated that the intra-regional utilization rate of the FTA preferences, by COMESA Member States averages 48.4 percent relative to 77…
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