COMESA
Since its inception, the Common Markets for Eastern and Southern Africa [COMESA] trading bloc has undergone tremendous transformation, and continues to strive to achieve greater mutual integration amongst member countries.
Through various declarations and agreements [for instance, the Economic Partnership Agreements – EPAs, the establishment of the Free Trade Areas – FTAs, etc] that have been entered into by member states, it is becoming increasingly evident that the need for an integrated commercial front is more desirable than ever.
The effect of these has been increased intra-block trade volumes, more beneficial trade concessions, tremendously reduced costs of business and a greater economic advantage of the bloc in global trade.
Foreign Direct Investments amongst member states has been on the rise over the past few years, and product and service providers within member states have continued to benefit from emerging opportunities presented within the trading bloc.
With clearly defined economic policies of member states, trading activity has also been on the rise between the COMESA bloc and other trade and economic blocs across the world including Southern Africa Development Commission [SADC], Economic Commission for West African States [ECOWAS], NEPAD, European Union [EU], Oil Producing & Exporting Countries [OPEC], African Growth Opportunity Act [AGOA], East African Community [EAC], just to list but a few.
With evident increased intra- and extra-trade, there has been intensified interest by the business community to identify and explore the ever rising opportunities.
There has been recorded growth in the expansion activities by business entities across the region. But the flow of information is not comparable. It is with this in mind the Comesa Insight was established, with the core function of plugging the information flow gap between investors in member states, to catapult intra-bloc trade based on timely, reliable and accurate information.
Comesa Insight website gives you the opportunity to grow your business and exploit the many opportunities within Africa, making informed decisions based on validated and authoritative information, while focusing on your core business. We take it upon ourselves to identify opportunities for you where you’d never have imagined they existed.