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The Common Market for Eastern and Southern Africa ( COMESA) is a regional economic community in Africa with twenty-one member states stretching from Tunisia to Eswatini. COMESA was formed in December 1994, replacing a Preferential Trade Area which had existed since 1981. Nine of the member states formed a free trade area in 2000 ( Djibouti ...
COMESA was established in 1994 as a replacement for the Preferential Trade Area. It includes 20 nations, with a combined GDP of US$286.7bn in 2006. Among its members are Zimbabwe, Zambia, Uganda and Sudan. The EAC, the smallest of the member trade blocks in terms of GDP, had a GDP of US$46.6bn in 2006. Member states
Chileshe Kapwepwe. Chileshe Mpundu Kapwepwe, is a Zambian accountant and corporate executive, who serves as the Secretary General of the Common Market for Eastern and Southern Africa (COMESA), effective 18 July 2018. She was elected at the 20th Heads of State COMESA summit in Lusaka, Zambia's capital city. [1]
The Trade and Development Bank (TDB), formerly the PTA Bank, is a trade and development financial institution operating in eastern and southern Africa. TDB is the financial arm of the Common Market for Eastern and Southern Africa (COMESA), although membership is open to non-COMESA states and other institutional shareholders. [3]
Zimbabwean exports in 2006. The economy of Zimbabwe is a gold standard based economy. Zimbabwe has a $44 billion dollar informal economy in PPP terms which translates to 64.1% of the total economy. [22] Agriculture and mining largely contribute to exports.
The African Trade and Investment Development Insurance ( ATIDI) is an investment, trade and political risk-mitigation institution on the African continent intended to provide insurance against political and commercial risks in order to attract foreign direct investment to the region. ATIDI was founded in 2001 by seven COMESA countries, with ...
Tripartite Free Trade Area. The Tripartite Free Trade Area ( TFTA) is a proposed African free trade agreement between the Common Market for Eastern and Southern Africa (COMESA), Southern African Development Community (SADC) and East African Community (EAC). [1]
The African Continental Free Trade Area (AfCFTA) is a free trade area encompassing most of Africa. It was established in 2018 by the African Continental Free Trade Agreement, which has 43 parties and another 11 signatories, making it the largest free-trade area by number of member states, after the World Trade Organization, and the largest in population and geographic size, spanning 1.3 ...