COMESA will continue using eminent personalities from the region in addressing conflicts and entrenching good governance. Speaking when she addressed members of the COMESA Committee of Elders, Secretary General Chileshe Kapwepwe said the economic potential in the region can only be harnessed in an environment of peace and stability, hence the important role of the…
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Madagascar recorded a 26% drop in imports in April compared to March 2020, according to a snapshot survey undertaken by the Statistics Unit at the Secretariat. The survey indicated that four key border posts, Antanimena, Tamatave-Pétrole, Ivato-Aéroport, Mamory-Aéroport recorded declines of 35%, 59%, 36% and 80% respectively. Tamatave-Port was the only one to record a…
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INTRODUCTION The Common Market for Eastern and Southern Africa, COMESA is a regional economic body comprising 21 Member Countries. COMESA’s current strategy can be summed up in the phrase “economic prosperity through regional integration”. With a population of over 540 million and global trade in goods worth more than US$ 235 billion, COMESA forms a…
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GRANT NO: 2100155032767PROJECT ID NO: P-Z1-G00-016 The East African Community (EAC) is a regional intergovernmental organization comprising the Republic of Burundi, Kenya, Rwanda, South Sudan, Tanzania and Uganda. The EAC Secretariat has received a grant from the African Development Bank to finance the 50 Million African Women Speak Networking Platform Project (50MWS) to create a dynamic Digital…
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Fifteen COMESA Member States are ready to start piloting the COMESA Electronic Certificate of Origin (eCO) System. The eCO is one of the latest tools developed under the COMESA Digital Free Trade Area (DFTA) initiative. Burundi, DR Congo, Egypt, Eswatini, Ethiopia, Kenya, Madagascar, Malawi, Mauritius, Rwanda, Seychelles, Sudan, Tunisia, Zambia and Zimbabwe have indicated their…
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COMESA has engaged with the World Bank to extend the duration of the implementation period of the Great Lakes Trade Facilitation Project (GLTFP) by one year. The no-cost extension is expected to make up for lost implementation time during the Covid-19 restrictions on movement. The four-year GLTFP is poised to end in December this year…
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The COMESA regional economy is projected to grow at a paltry 0.6% this year down from 5.2% recorded in 2019 and 6.0% in 2018. The slight dip in 2019 was attributed to lower commodity prices while the expected slump in 2020 will result from the devastating impact of the Covid-19 pandemic suggesting a deeper economic…
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Cross Border Traders Association officials at Livingstone town in Zambia, receives a consignment of 1,250 face masks sent by the COMESA Secretariat to support cross border trade. This was part of a 5,000 consignment of masks donated by the International Centre for Small Hydropower (ICSHP) based in China. COMESA and ICSHP have a collaborating framework…
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On behalf of the Authority of the Common Market for Eastern and Southern Africa (COMESA), I would like to express my profound sadness and sincere condolences to the family, the Government, and the People of Burundi, following the sudden demise of His Excellency President Pierre Nkurunziza. The late President was a member of the COMESA…
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Ethiopia has inarguably taken the lead in the implementation of Climate-Resilient Green Economy to protect itself from the adverse effects of climate change with significant resources being deployed towards reducing Greenhouse Gas (GHG) emissions. The key success stories are in afforestation and land rehabilitation; generation and distribution of electricity from clean and renewable sources and…
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