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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Lusaka, Tuesday, October 8, 2019: The new Head of Delegation of the European Union Commission to Zambia Mr Jacek Jankowski, and the new Italian Ambassador to Zambia, Mr. Antonino Maggiore were today accredited as the Special Representatives of their Missions to COMESA. The two presented their letters of accreditation to the Secretary General of COMESA,…
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Johannesburg, Thursday, 3 October 2019: The COMESA led project on Enhancement of a Sustainable Regional Energy Market for the Eastern Africa, Southern Africa and Indian Ocean (ESREM/EA-SA-IO) Region is supporting the establishment of an energy regulatory authority in Southern Africa. This will be achieved by transforming the current Regional Energy Regulators Association of Southern Africa…
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Tunis, Friday, September 27, 2019: The number of countries participating in the COMESA Free Trade Area is set to rise as Tunisia prepares to join the trading regime by the end of this year. Trade Minister Omar Behi told a visiting COMESA delegation that the government has established a thirty-member national technical committee on the…
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