The COMESA Monetary Institute (CMI) has commenced preparatory work towards the production of a Financial Stability Report (FSR) for the COMESA region. The first working group of experts meeting took place in Nairobi, Kenya on 22 – 24 June 2022 with participants from the Central Banks of DR Congo, Egypt, Mauritius, Sudan and Zambia. The…
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Tuesday, June 28, 2022: COMESA and Texas A&M Agrilife Research, USA have signed a Memorandum of Understanding (MoU) to support mycotoxin risk management involving aflatoxins and fumonisins for trade commodities and staples. This is a key pillar of mutual recognition of certificates of analysis amongst trading countries. Aflatoxins and fumonisins are naturally occurring toxins and…
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The establishment of a statutory Committee on health and a COMESA health desk are some of the new initiatives by COMESA Secretariat in collaboration with the African Union Center for Diseases Control (AU-CDC) to enhance intra-regional cooperation in the health sector. Towards this end, the two organizations conducted the first meeting on Monday 20 June…
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The Fifth Meeting of the COMESA Sub-Committee on the Kenya Sugar Safeguard conducted a virtual two-day meeting 15-16 June 2022 to consider issues relating to the implementation of the Safeguard. Over the years, Kenya has been granted safeguards by the COMESA Council of Ministers to enable it undertake measures to re-structure its domestic sugar sector…
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Burundi, the Democratic Republic of Congo (DRC), and neighbouring countries within the Great Lakes Region of Eastern Africa are set to benefit from the new Great Lakes Trade Facilitation and Integration Project approved on June 9, 2022, by the World Bank’s Board of Executive Directors. The $250 million International Development Association (IDA*) financing aims to…
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The Alliance for Green Revolution in Africa (AGRA) and COMESA are leading an effort to develop a digital Regional Food Balance Sheet (RFBS) that uses data from a variety of public and private sources to develop near real-time and forward-looking food balance estimates.
Lusaka, Friday, June 10, 2022: The Alliance for Green Revolution in Africa (AGRA) and COMESA are leading an effort to develop a digital Regional Food Balance Sheet (RFBS) that uses data from a variety of public and private sources to develop near real-time and forward-looking food balance estimates. Once fully developed and operational, the RFBS…
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The African Union Commission is conducting a meeting for Regional Economic Communities/Regional Mechanisms for Conflict Prevention, Management and Resolution (RECs/RMs) on the Implementation of the AU Master Roadmap of Practical Steps for Silencing the Guns in Africa by 2030. The three-day meeting in Lusaka, Zambia, 6 – 8 June 2022 brought together participants from the…
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A trade policy analysis training for five COMESA Member States that are not fully participating in the Free Trade Area (FTA) was conducted in Lusaka, Zambia 30 May – 3 June 2022. The training also known as the Tariff Reform Impact Simulation Tool (TRIST) was intended to build the capacity of the participants to undertake…
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The Trade and Development Bank and the African Trade Insurance Agency (ATIA) have been recognized for excellence in development financing and insurance services. The two received the awards on the side-lines of the 57th Annual Meeting of the African Development Bank and the 48th Annual Meeting of the African Development Fund. TDB received two awards,…
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