Category: Latest News

COMSHIP Geared to Bridge Regional Gap for Quality and Improved Seed

The COMESA region holds significant untapped potential in its seed market, with an estimated demand of two million metric tons (MT) of quality and improved seed. However, current production and access remains below 500,000 MT. To address this gap, stakeholders from member states convened in Nairobi, Kenya on 20-21 May 2025 for a regional meeting…
Read more

Monetary Policy Formulation and Implementation in an Era of Inflation Targeting Regime

The COMESA Monetary Institute (CMI) is building the capacity of member central banks in Monetary Policy Formulation and Implementation in an Era of Inflation Targeting (IT) Regime. CMI has observed that IT has increasingly become a monetary policy framework of choice globally, including in emerging and developing countries hence the need for COMESA Member States…
Read more

DRC Signs Interministerial Decree to Implement the COMESA Simplified Trade Regime

Noting the need to facilitate and enhance small-scale cross-border trade, the Government of the Democratic Republic of Congo (DRC) signed an Interministerial Decree on 10 March 2025 to enable the implementation of the COMESA Simplified Trade Regime (STR) on its borders with neighbouring COMESA countries. The DRC shares borders with four COMESA countries Burundi, Rwanda,…
Read more

Towards an Effective and Efficient COMESA Secretariat

Members of the Programme Steering Committee for the European Union funded Institutional Capacity Building Programme (ICBP) at COMESA Secretariat and EU Delegation in Zambia met in Lusaka to review progress in implementation of the Programme. Funded under the 11th European Development Fund, the initiative continues to be a cornerstone in COMESA’s efforts to strengthen institutional…
Read more

COMESA-AU Deploy Pre-Election Assessment Mission to Malawi

Malawi is scheduled to hold general elections on 16 September 2025 to elect a President, Members to the National Assembly and representatives Ward Councils to serve for a five-year period. The 2025 elections come after the previous elections in 2019 that were initially nullified by the Supreme Court. The Court besides the nullification of elections…
Read more

Central Bank Staff trained on FinTech and Monetary Policy

Fifty staff from Central Banks in twelve COMESA countries have been trained in understanding the complex interaction between monetary policy and fintech. The comprehensive training will enable staff to provide advice for effective policy responses to the challenges and opportunities presented by fintech in the COMESA region. Organised by the COMESA Monetary Institute, the virtual…
Read more

COMESA, World Bank launch $2.5 billion Programme on Accelerating Digital Access

COMESA has launched the World Bank-funded Inclusive Digitalization for East and Southern Africa (IDEA) Programme which aims to empower 180 million people with internet access and provide digitally enabled services to 100 million people over the next eight years. Permanent Secretary in the Ministry of Technology and Science of Zambia, Dr. Brilliant Habeenzu, launched the programme alongside, World…
Read more

COMESA Kicks Off Preparations for 2026–2030 Medium-Term Strategic Plan

Preparations for the development of COMESA’s 2026–2030 Medium-Term Strategic Plan (MTSP) have commenced with a two-day retreat for management and technical staff in Lusaka, held on March 24–25, 2025. The retreat’s agenda focused on reviewing the performance of the current 2021–2025 MTSP, identifying successes, challenges, and key lessons to inform the next five-year plan. Leading…
Read more

Regional Apex Bank’s Staff Trained to Address Data Delays in Forecasting GDP

Most Member States do not compile high-frequency measures of gross domestic product (GDP). If they do, the estimates come with a considerable lag, yet policy decisions need to be made often, particularly when major shocks such as COVID-19 pandemic or climate related shocks have occurred. This has inspired the COMESA Monetary Institute to come up…
Read more

COMESA Mourns Elder Monique Esoavelomandraso from Madagascar

The COMESA Secretariat has learnt with deep sorrow about the passing on of Madam  Monique Andreas Esoavelomandraso, a member of the COMESA Committee of Elders from Madagascar. She died on Monday 17th March 2025 in Madagascar. Head of the Governance, Peace and Security Unit Dr Oita Etyang revealed that upon being appointed to the Committee…
Read more