Category: Latest News

Burundi Reaffims Support to COMESA

President Evariste Ndaishimiye of Burundi has reaffirmed his government’s commitment and support to COMESA’s regional integration agenda and called for deeper trade within the 21 Member States. He has urged the region to focus on implementing programmes that benefit the people by encouraging the growth of businesses and interaction. He said this during a meeting…
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ESREM Project Closes on a High Note

The Enhancement for a Sustainable Regional Energy Market (ESREM) Project is closing on 30th May 2022 after being in operation for the past five years. Through the support of the European Union, the Project has endeavored to create a favorable regulatory environment and tools for regulatory oversight in the Eastern Africa -Southern Africa-Indian Ocean (EA-SA-IO)…
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COMESA and UNCTAD Train Customs Experts in ASYCUDAWorld

Twenty-one customs experts from the COMESA Secretariat and eight Member States have completed a three-months training on the Automated System for Customs Data (ASYCUDA)World Functional and Technical Courses. ASYCUDA is supplied by the United Nations Conference on Trade and Development (UNCTAD). Over the years, the system has evolved through various versions and the current one…
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Boosting Intra-African Agricultural Trade through Harmonisation of Seed Regulatory Frameworks

With the launch of the African Continental Free Trade Agreement, Member States stand to benefit from wider market access for seed trade. This will lead to competitiveness of the seed industry and pricing given the ongoing efforts by the African Union Commission and partner organizations in seed policy and regulatory harmonization on the continent. Sharing…
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Banks Trained on Macro Prudential Shocks to the Financial System

Twenty-Five financial stability experts from eight Central Banks in the COMESA region have been trained on the transmission mechanism of macro-prudential shocks to the financial system. The training held virtually from 9 – 13 May was motivated by the fact that macro prudential shocks have the potential to disrupt the normal credit intermediation channel and…
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Eswatini Women Farmers to Supply School Feeding Programme

The economic fortunes of women farmers in Eswatini are set for better times after three international organizations signed a memorandum of understanding to support them to increase their supply of local produce in a school feeding programme in Eswatini. The MoU was signed in Mbabane on 4 May 2022 by the COMESA Federation of Women…
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Experts Call for Sustainable Regional Energy Market

The regional energy market has immense potential in strengthening and deepening regional integration but for many COMESA countries, the generation capacity is not enough to cover the nations own needs and allow for cross-border trade. According to the Chairperson of the Regional Association of Energy Regulators for Eastern and Southern Africa (RAERESA) Mr. Daniel Bargoria,…
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Call to Utilize COMESA Court Services

Zambia’s Attorney General, Mr. Mulilo Kabesha has urged businesspeople in the region to utilize the COMESA Court of Justice for arbitration of disputes. Addressing judges of the Court during their one-week annual retreat in Lusaka, Zambia, Mr. Kabesha observed that trade disputes are taken to other courts based in far flung areas, such as United…
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Regional ICT Programme Worth €8 Million Launched

Five Regional Economic Communities (RECs) are set to benefit from a new eight million euros project: Enhancement of Governance and Enabling Environment in the ICT sector (EGEE-ICT), funded by the European Union.  It was launched on Thursday 12 May 2022 at the opening of the 2nd Programme Steering Committee Meeting. The four-year programme covers 29…
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Opportunities, Resources Available in Promoting Renewable Energy

Lusaka, Tuesday, May 10, 2022: Over 40 Energy Experts from COMESA Members States are attending a capacity building workshop on Off- Grid renewable energy conducted by the Regional Infrastructure Finance Facility (RIFF), a World Bank financed project implemented jointly by COMESA and the Trade and Development Bank (TDB). The workshop, which is taking place in…
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