Category: Press Releases

COMESA conducts study on formalizing the informal economy in the region

COMESA has conducted a study, which reviewed Member States policies related to the formalisation of the informal economy, focusing on informal trade. The study focused on the drivers of informality, the impacts of informality on the economy, including on government revenue and on productivity. It also identified the policies that Member States have instituted to…
Read more

Yellow Card Council of Bureaux edges closer to full autonomy

The Yellow Card Council of Bureaux is set for full autonomy following the approval of the relevant legal instruments, by the Ministers of Justice and Attorneys General from COMESA Member States. In their 10th meeting conducted virtually on 29 September 2021, the Ministers and AGs approved the Charter of the Bureaux, Staff and Procurement Rules.…
Read more

File photo: Adam Willie

About $905m Worth of Intra-COMESA Exports Lost to COVID-19

Thursday, September 16, 2021: An estimated USD 905 million intra-COMESA exports were lost last year due to the response measures that member states applied to mitigate the Covid-19 pandemic. This is according to research carried out by Mr Adam Willie, Principal Economist, Ministry of Commerce, Industry and Enterprise Development of Zimbabwe. The research paper titled:…
Read more

PRESS RELEASE: COMESA To Hold 8th Annual Research Forum

Lusaka, Zambia, Wed 8 Sept. 2021: The COMESA Secretariat will hold the Eighth Annual Research Forum virtually on 13-16 September 2021 due to COVID-19 restrictions. The theme for this year’s Forum is “Rethinking Trade and Doing Business in the Wake of COVID-19 Pandemic”. The theme has been motivated by the shock triggered by the COVID-19…
Read more

COMESA AWARDS NINE SCHOLARSHIPS TO SECOND COHORT OF STUDENTS TO UNDERTAKE A MASTER’S DEGREE IN REGIONAL INTEGRATION

Lusaka, Wednesday 25 August 2021: COMESA has awarded nine (09) scholarships worth USD 24,300 to students admitted to Kenyatta University in Kenya to pursue a Master’s Degree Programme in Regional Integration. The Scholarship Award Selection Committee sat on 1st July 2021 and considered all the applications based on the scholarship award criteria before awarding the…
Read more

COMESA, Djibouti Signs €2.5m Sub-delegation Agreement to Upgrade Galafi Border Post

July 27, 2021: The COMESA Secretariat and the Government of Djibouti have signed an agreement that sub-delegates the implementation of coordinated border management activities at the Galafi border post, on the Djibouti- Ethiopia border. A total of EUR 2.5 million is allocated to this project under the European Union funded Trade Facilitation Programme (TFP). The…
Read more

The Global Environment Facility Approves US$5.7m to Support Climate Actions in COMESA

The Comoros, Eritrea, Seychelles, and Zambia to benefit under the first multi-country project to strengthen capacity of Member Countries to monitor and report climate actions.  Lusaka, Zambia (June 16, 2021) —The Global Environment Facility (GEF) Council has approved a US$5.7 million project to boost the capacity of four member states of the Common Market for…
Read more

Regional Ministers Urge Member States to Scale Up Infrastructure Programmes

June 2, 2021: Ministers of infrastructure have called on regional States to scale up programmes to upgrade and maintain infrastructure and facilities, adopt and implement COMESA transit instruments to improve transport corridors’ efficiency. In their 12th joint meeting conducted virtually, today, June 2, 2021, the ministers responsible for transport, energy and Information, Communication Technology (ICT)…
Read more

Infrastructure Experts Take Stock of Projects’ Implementation, Two Years On

Monday, May 31, 2021:  The 12th Joint COMESA Committee Meeting on Transport and Communications, Information Technology and Energy met on May 31 and June 1, 2021, to discuss the implementation of their respective programmes in the last two years. The virtual, two-day meeting brought together over 100 delegates comprising of technical experts from Member States…
Read more

Ministers of Industry Approve Frameworks for Implementing the Regional Industrial Strategy

Thursday, May 27, 2021: Ministers of industry from the 21 COMESA Member States have approved the implementation strategy of the regional local content policy framework and the management of the Special Economic Zones and Industrial Parks. The COMESA Local Content Policy Framework is aimed at helping to transform the region’s low productivity economies, from overreliance…
Read more