Despite preferences offered under the Free trade area that is the Common Market for Eastern and Southern Africa (COMESA), intra-Comesa trade is at a meagre 8 per cent of total trade. The Covid-19 pandemic has worsened the situation, with border closures causing disruptions to regional supply chains and thus slowing down trade. What can be done to improve intra-Comesa trade and attract more investments into the region? Chris Onyango, Director of Trade and Customs at COMESA joins CNBC Africa for more.
The COVID-19 pandemic has seen countries across the Common Market for Eastern Africa implemented new trade regulations, restricting the movement of some goods and services to curb the spread of the virus. Sandra Uwera, CEO, COMESA Business Council joins CNBC Africa to discuss how best this can be done to minimize losses.
The Community for Eastern and Southern African States (COMESA) sees the creation of the Africa Continental Free Trade Area as further enhancement of its work and a bigger opportunity for business from the region rather than as a threat. CNBC Africa caught up with the COMESA Secretary General, Chileshe Kapwepwe on the side-lines of the AU summit.
At the ongoing Common Market for Eastern and Southern Africa (COMESA) International Trade Fair happening in Kenya,it has been indicated that there is need to come up with innovative and practical strategies to promote industrialization and enhance trade in our region. Sandra Uwera, CEO of Common Market for Eastern and Southern Africa Business Council joined CNBC Africa for more.